Latin America

Tuesday, March 10th 2020 - 18:35 UTC
LATAM offers Coronavirus waivers for International Flights

People heading to Latin America with the LATAM group can now receive a coronavirus fare waiver on bookings until March 22 for travel to the end of 2020.
Tuesday, March 10th 2020 - 08:15 UTC
Black Monday cocktail: oil price war and coronavirus trigger market panic

World oil prices crashed on Monday, fuelling a vicious selloff on stock markets that were already buckling from the spreading coronavirus outbreak. Stocks tanked as the global oil market nosedived 30% at one stage after top exporter Saudi Arabia slashed the prices it charges customers following a bust-up with Russia over crude production cuts.
Monday, March 9th 2020 - 08:54 UTC
Trump and Bolsonaro discuss Venezuela and a bilateral trade accord

United States President Donald Trump hosted Brazilian president Jair Bolsonaro for dinner at his Mar-a-Lago resort in Florida on Saturday, where the two leaders discussed the U.S.-led effort to oust Venezuelan President Nicolas Maduro and spoke about a future trade deal.
Monday, March 9th 2020 - 08:43 UTC
First Covid-19 death in Latin America; twelve positive cases in Argentina

A 64-year-old man died in Argentina as a result of the Covid-19, the first such death in Latin America, health authorities announced Saturday. The Ministry of Health said the patient lived in Buenos Aires and had been confirmed with COVID-19 after coming down with a cough, fever and sore throat following a recent trip to Europe.
Monday, March 9th 2020 - 07:48 UTC
Mexican company humanitarian swap of corn and water trucks for Venezuelan oil

Venezuela has swapped millions of barrels of crude for supplies of corn and water trucks under an oil-for-food deal struck with a Mexican firm, in an effort to secure imports amid tightening U.S. sanctions, according to the company and export schedules.
Friday, March 6th 2020 - 11:00 UTC
Argentina reports second confirmed case of Covid-19

Argentina's health officials confirmed the country's second Covid-19 case, a young man currently interned in a private hospital in Buenos Aires. The patient, a 23-year old staff member of a Buenos Aires elected councilor visited the north of Italy and was back on March first, but two days later had a peak of fever and other suspicious symptoms.
Friday, March 6th 2020 - 10:48 UTC
Why now is the right time to invest in Mexican pharma

The spread of the Wuhan Coronavirus or COVID-19 has sent ripples of panic all across the globe. What was thought to be a localized threat in China has quickly grown into an epidemic that has spread into Italy, Iran and South Korea.
Friday, March 6th 2020 - 08:48 UTC
Latin American currencies weakened on Thursday's; Brazil Real slides to a record low

Latin American stocks and currencies weakened on Thursday, with Brazil's real slipping to yet another record low, as the rapid spread of the coronavirus sapped risk appetite and investors worried about the scale of the economic fallout.
Thursday, March 5th 2020 - 08:40 UTC
Brazil and Argentina disputing the presidency of the Inter American Development Bank

Brazil plans to push for its own candidate to lead the Inter-American Development Bank, vying with Argentina for the regional lender’s top job, as President Jair Bolsonaro seeks to capitalize on the political alliance with his U.S. counterpart Donald Trump.
Wednesday, March 4th 2020 - 07:59 UTC
Argentina and Chile reported their first confirmed cases of coronavirus patients

Argentina and Chile both said on Tuesday they had confirmed their first case of the novel coronavirus in patients who recently returned from travels. A 43-year-old infected Argentine man had returned from Italy on March 1, while a 33-year-old Chilean man had spent a month in southeast Asia.