As the coronavirus-hit economy of Peru stagnated over the past three months, Lima coffin-maker Genaro Cabrera has seen his sales quadruple. I never imagined working to such an extreme, Cabrera said at his factory in the rundown district of San Juan de Lurigancho.
Holders of Ecuador sovereign bonds have formed a committee to hold talks with the country's government on a potential re-profiling of the country's external debt, the group said in a statement on Thursday.
Latam Airlines registered a significant rise Tuesday and Wednesday on the Santiago Stock Exchange, rising 37.63% and 16%, which is attributed to the support that its partner Qatar Airways, who owns 10% of the Chilean airline, disclosed.
The World Health Organization's (WHO's) regional director for the Americas urged the United States on Tuesday to keep helping countries in the region to fight the novel coronavirus even as the Trump administration leaves the UN agency.
Tens of thousands of workers lined up before dawn to return to work at automotive factories along Mexico's northern border on Monday, the first day that industries joined the country's list of essential activities beginning to reopen.
Emergency workers were searching for seven people still missing Monday as El Salvador and its Central American neighbors picked through the destruction after the first-named Pacific storm of the year left at least 18 people dead.
Production in Peru’s mining sector will fall by at least 15% this year, representing a loss in revenues of up to US$ 5 billion, due to disruptions caused by the coronavirus pandemic, a top mining executive said on Wednesday.
More than two months after the coronavirus pandemic triggered worldwide lockdowns, much of the world is gradually reopening. But Latin America remains highly isolated by travel restrictions across the region.
The Americas will bear the brunt of an estimated 305 million job losses that the coronavirus pandemic will cause worldwide between April and June, the International Labour Organization (ILO) said on Wednesday.
The health system in Peru is on the brink of collapse, with public hospitals facing drastic equipment shortages amid a rising number of coronavirus cases. A University of Washington study has projected that Covid-19 deaths in Peru will reach nearly 20,000 by August, indicating that demand is likely to outstrip the supply of beds in intensive care units.