The Honduran president has said he and his wife have tested positive for coronavirus. The Central American nation has registered just under 10,000 COVID-19 infections, according to the health ministry, and 330 deaths.
Investment flows to Latin America are expected to halve in 2020 from the US$ 164 billion received last year, according to UNCTAD's World Investment Report 2020.
Peru´s economic activity sank 40.49% year-on-year in April, its worst-ever percentage drop in output, as a national lockdown to combat the coronavirus slammed the brakes on industry across the country, the government said.
Colombia’s majority state-owned oil company Ecopetrol denounced on Sunday the sabotage of 31 wells at an oil field in the northeast of the country, which put the wells offline and led to oil being spilled.
The ancient Inca citadel of Machu Picchu, a jewel of Peruvian tourism, will sharply reduce the number of daily visitors once it reopens from a virus-imposed closure in July, officials said.
The Americas are bearing the brunt of the global coronavirus pandemic at present, the World Health Organization (WHO) said on Friday, with North and South America currently having four of the 10 worst hit countries in the world.
At least 170 police officers in Peru have died after contracting the coronavirus while enforcing the South American nation's pandemic lockdown, the interior minister said on Thursday.
Passenger revenues are expected to fall to US$241 billion (down from US$ 612 billion in 2019). This is greater than the fall in demand, reflecting an expected 18% fall in passenger yields as airlines try to encourage people to fly again through price stimulation. Load factors are expected to average 62.7% for 2020, some 20 percentage points below the record high of 82.5% achieved in 2019.
The Nicolás Maduro regime blames Venezuelan migrants for the increase in the spread of the coronavirus in Venezuela while hundreds of these emigrants, pushed by their limited survival options, remain stranded in makeshift camps in different cities of Colombia waiting to be able to cross into their country.
The Brazilian Real and Mexican peso have both rebounded strongly in recent weeks, but their rallies are starting to diverge with the peso running out of steam and the Real gaining momentum.