Latin America

Monday, August 3rd 2020 - 10:59 UTC
Coronavirus death toll in Latin America at over 200,000

The death toll in Latin America from the novel coronavirus passed 200,000 on Saturday night underlining the region's status as one of the global epicenters of the pandemic that is testing governments to the limit.
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Monday, August 3rd 2020 - 10:58 UTC
LATAM to lay off another 2,700 crew after failing an agreement with the union

Latin America's biggest airline, the Brazilian-Chilean group LATAM, said it was laying off at least 2,700 crew to cope with the devastating effects of the coronavirus pandemic on the aviation industry.
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Monday, August 3rd 2020 - 10:53 UTC
Mexico becomes the country with the third most Covid-19 deaths, ahead of Britain

Mexico has overtaken Britain to become the country with the third-most deaths due to Covid-19, according to data released by the Health Ministry. Reported fatalities rose to reach 46,688, the data shows.
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Monday, August 3rd 2020 - 09:47 UTC
Mexican journalist and bodyguard murdered in Mexico, fifth so far this year

A Mexican journalist and his police bodyguard were murdered in a hail of gunfire in the southern state of Guerrero early on Sunday, police and human rights officials said. Pablo Morrugares is the fourth journalist murdered in Mexico in 2020.
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Saturday, August 1st 2020 - 06:11 UTC
Ecuador extends deadline for negotiations with bondholders

Ecuador will extend the deadline for creditors to vote on its US$ 17.4 billion debt restructuring plan to Monday following a lawsuit by a small group of bondholders, the finance ministry said on Thursday.
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Saturday, August 1st 2020 - 06:07 UTC
Colombia planning private sector workers to tap pension savings

Colombia is the latest Latin American country considering a plan to let workers tap private pension savings, a move intended to soften the slump in consumer spending but which risks worsening some of the world’s deepest stock market slumps.
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Saturday, August 1st 2020 - 06:05 UTC
Mexican economy needs two years to reach pre-pandemic levels

A full recovery of the Mexican economy to pre-pandemic levels could be reached in one to two years so long as no new coronavirus outbreaks strike, a senior official said
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Friday, July 31st 2020 - 10:30 UTC
Latin America should focus on digital technologies, recommends IADB

Latin American should turn its infrastructure investment focus toward digital technologies and away from physical infrastructure to stimulate its economic recovery after the coronavirus pandemic, the Inter-American Development Bank (IADB) said on Thursday.
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Friday, July 31st 2020 - 10:04 UTC
London based Cuban government bank blacklisted by US administration

The United States announced sanctions on Thursday against Havin Bank LTD, a London-based Cuban entity also known as Havana International Bank, dealing a blow to the Cuban financial system.
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Thursday, July 30th 2020 - 09:40 UTC
US ambassador warns of “consequences” if Brazil chooses China's Huawei 5G network

The US ambassador in Brasilia warned of “consequences” if Brazil chooses Chinese telecoms company Huawei to develop its 5G network, in an interview published Wednesday.
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