Bolivia's former interim President Jeanine Añez landed behind bars in La Paz after the new government arrested her on claims she participated in a 2019 coup to seize power. Supporters warned her arrest could lead to civil unrest in certain areas of Bolivia and argued there was no legality in the arrest and charges, but rather a political vendetta.
The Mercosur face-to-face presidential summit scheduled for 26th March originally planned to take place in Argentina that currently holds the rotating chair of the block, will be held online because of the sanitary situation in the region.
Argentina is not an easy country to manage, particularly when institutions are weak and governments lack credibility. Such was the experience of president Alberto Fernandez during a visit to Patagonia to announce support for residents that suffered the devastation caused by forest fires in the region.
International Investment Bank Morgan Stanley has shifted its long-held view on Argentina sovereign credit to “like,” as risks were flexed upside after a lot of bad news had been priced into bonds, including, increasingly, a delay to an IMF program and a further complication with the Club of Paris payment.
Brazil has surpassed India to become the second worst-hit country from the coronavirus disease (Covid-19) pandemic. With 11,483,370 cases and 278,327 deaths, Brazil is now one spot behind the United States, which is the worst-affected globally with more than 30 million cases and 546,605 deaths, according to figures by WorldMeters.
The UK has ratified the International Agreement on Taxation and the Protection of Financial Interests between the United Kingdom of Great Britain and Northern Ireland and the Kingdom of Spain regarding Gibraltar.