Stories for September 1st 2020

Tuesday, September 1st 2020 - 08:57 UTC
Argentina restructures 99% of US$ 66bn debt issued under foreign legislation: now IMF and debt in local legislation

Recession-hit Argentina has managed to restructure 99% of US$ 66 billion in debt issued under foreign legislation, Economy Minister Martin Guzman announced on Monday.
Tuesday, September 1st 2020 - 08:56 UTC
Brazilian finances deteriorating: seven months primary deficit 11,9% of GDP

Brazil's finances continued to deteriorate in July as the COVID-19 crisis pushed the public sector debt and deficit as a share of the economy to new records, official figures showed on Monday, although not as bad as economists had feared.
Tuesday, September 1st 2020 - 08:49 UTC
Argentina's ruling coalition planning a one time “solidarity tax” on 12,000 wealthy contributors

Argentina’s ruling coalition, Frente de Todos, is seeking to impose a one-time tax on wealthy citizens as part of a strategy to solidify the alliance’s populist credentials while boosting government revenue amid a deteriorating economic crisis.
Tuesday, September 1st 2020 - 08:45 UTC
Bolsonaro back to surgery: this time to remove a kidney stone

Brazilian President Jair Bolsonaro said on Monday he had been diagnosed with a kidney stone and would undergo surgery in September to remove it. The far-right leader, 65, has had a series of health issues, including four surgeries stemming from an attack in which he was stabbed in the abdomen during his 2018 presidential campaign.
Tuesday, September 1st 2020 - 08:40 UTC
Chilean government threatens striking truckers with state security law

The Chilean government on Monday threatened to invoke a state security law to penalize striking truck drivers blocking arterial routes and damaging supply chains after talks between the two sides broke down.
Tuesday, September 1st 2020 - 08:00 UTC
Argentine president would like Messi to finish his career in Newell's Old Boys

Argentine president Alberto Fernandez has urged Lionel Messi to finish his career in his home country. The Barcelona forward spent several years in the academy at Newell's Old Boys in Rosario before moving to Europe as a teenager.
Tuesday, September 1st 2020 - 07:41 UTC
Texel “Double Diamond” sold for 350,000 guineas in Lanark

A young ram was sold for a record 350,000 guineas -- some US$ 490,000 at an auction in Scotland this week. The lamb, named Double Diamond, had generated buzz before the Scottish National Texel sale in Lanark started, according to a news release from the Texel Sheep Society.
Tuesday, September 1st 2020 - 06:24 UTC
Three year old girl survives terrifying giant kyte ride

A three-year-old girl entangled in the tail of a giant kite survived a terrifying ride after being swept more than 30 meters into the air during a kite festival in Taiwan, video footage posted on social media on Sunday showed.