The central bank of Argentina on Wednesday imposed a new rule limiting the import of foreign luxury goods as part of its effort to stanch the leakage of its own international currency reserves.
Primary results in the Tuesday Georgia state Senate election indicate Democrats will be taking both seats, the best possible news for president-elect Joe Biden. Meanwhile, Republican incumbent David Perdue vowed to “mobilize every available resource and exhaust every legal recourse” as he fought for his political life in a Senate runoff that was too close to call early Wednesday.
The Lima Group, a regional bloc comprised mostly of Latin American nations, said on Tuesday that it does not “recognize the legitimacy or legality of the National Assembly installed on January 5” in Venezuela.
The global economy is expected to expand 4% in 2021, with China's economy expected to expand by 7.9% this year, World Bank said on Tuesday, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year.
By Luis Carranza Ugarte – The president of CAF, the Development Bank of Latin America, says the post-pandemic era is the perfect opportunity for investment in the region’s infrastructure.
Crowds gathered on Tuesday in a Rio de Janeiro cemetery to bury Marcelo Guimarães, the latest victim to be killed by police in Brazil, home to some of the world's deadliest security forces.
Despite growing pressure from President Donald Trump to help overturn his election loss, Vice President Mike Pence plans to stick to his ceremonial duties when presiding in Congress on Wednesday, advisers said.
Argentina's country risk reached a maximum of 1,417 basis points on Tuesday, reflecting investors' fears about the behavior of the domestic economy and doubts about the international situation of the markets, traders told Reuters.
France is to cull around 600,000 poultry birds as it tries to contain an avian influenza virus that is spreading among duck flocks in the southwest of the country, the farm ministry said on Tuesday.
China increased its import quota for Australian wool from 36,465 tons last year to 38,288 tons for 2021, according to a newly released official statement. The increase came at a time when China and Australia relations are going through a rough patch.