
The International Monetary Fund has quickly rejected a surprise request on Tuesday by Venezuela for an emergency US$ 5 billion loan to fight the new coronavirus, which threatens to push its already battered economy over the edge.

Brazilian meatpacker Marfrig has elected a new chief executive officer and plans to buy back up to 5.91 million of its own shares, it said in two separate securities filings.

China hit out on Monday at Peru's Nobel literature laureate Mario Vargas Llosa for allegedly expressing “irresponsible and prejudiced opinions” over the origins of the coronavirus pandemic.

By David P. Michaels (*) - Luis-Alberto Lacalle Pou, Uruguay’s recently inaugurated President, faces one of the most significant challenges in Uruguay’s recent history.

Argentina will close its borders for 15 days to non-residents in order to combat the spread of coronavirus, President Alberto Fernandez announced on Sunday. Public and private school classes would also be suspended until March 31, Fernandez said. National parks would also be closed.

Chile has quarantined more than 1,300 people aboard two cruise ships after an elderly Briton aboard one of them tested positive for the coronavirus, the health ministry announced on Saturday. Both ships are cruising the Chilean fjords in Patagonia.

Uruguay confirmed its first four tested cases of coronavirus on Friday, the Ministry of Health announced in a tweet. All four cases were people who had arrived to Uruguay from Milan, Italy between March 3 and March 6, the ministry said, adding that the patients are stable and at their homes.

Argentina's main stock exchange crashed by nearly 10% on Thursday as markets continued to panic over the coronavirus pandemic. The fall wasn't as bad as Monday's that reached almost 14% but it continued the week's general downward spiral across the region.

A Chilean student blinded in both eyes by police rubber bullets became the symbol of this week's protests on the second year of president Sebastián Piñera's mandate but also the thirtieth anniversary of the return of democracy to Chile.

Brazilian football great Ronaldinho will remain in pre-trial detention in Paraguay after a judge on Tuesday rejected his lawyer's request that he be released on bail or to house arrest.