Argentina’s economy is seen shrinking 9.5% in 2020, according to a monthly poll of analysts by the central bank released on Friday, compared with an estimated 7% decline in the previous survey, as the activity gets walloped by a nationwide lockdown against the coronavirus pandemic.
New Zealand lifted all social and economic restrictions except border controls after declaring on Monday it was free of the coronavirus, one of the first countries in the world to return to pre-pandemic normality.
Mexico is set to propose senior trade official Jesus Seade, who helped rework the North American Free Trade Agreement, as a candidate to be the next director-general of the World Trade Organization (WTO), government sources said.
Germany’s coordinator for transatlantic ties has criticized U.S. President Donald Trump’s decision to withdraw thousands of troops from Germany. Trump has ordered the U.S. military to remove 9,500 troops from Germany, a senior U.S. official said on Friday.
Late Monday the Vicentin soy crushing giant group, which Argentine president Alberto Fernandez had previously announced it would take over to ensure jobs and food sovereignty, made public a release denying any job losses and revealing it was in talks with interested parties to overcome the current under administration situation.
Argentine President Alberto Fernandez announced Monday evening a plan to seize crop trader Vicentin SAIC in a move that is anticipated will ring alarm bells in soy markets, among investors in the country and even the current foreign debt negotiations.
Mexico has taken out a one billion US dollars loan from the World Bank as the effects of the coronavirus begin to squeeze the economy, a business newspaper reported on Sunday.
The Nicolás Maduro regime blames Venezuelan migrants for the increase in the spread of the coronavirus in Venezuela while hundreds of these emigrants, pushed by their limited survival options, remain stranded in makeshift camps in different cities of Colombia waiting to be able to cross into their country.
James Bennet, the New York Times editorial page editor responsible for publishing a column that advocated using the military to quiet protests over U.S. racial inequality, resigned on Sunday, the newspaper announced.
Canadian aboriginal groups on Saturday (June 6) called for an independent probe into the death of an indigenous woman who was shot by a police officer called in for a wellness check.