
International Investment Bank Morgan Stanley has shifted its long-held view on Argentina sovereign credit to “like,” as risks were flexed upside after a lot of bad news had been priced into bonds, including, increasingly, a delay to an IMF program and a further complication with the Club of Paris payment.

Brazil has surpassed India to become the second worst-hit country from the coronavirus disease (Covid-19) pandemic. With 11,483,370 cases and 278,327 deaths, Brazil is now one spot behind the United States, which is the worst-affected globally with more than 30 million cases and 546,605 deaths, according to figures by WorldMeters.

The UK has ratified the International Agreement on Taxation and the Protection of Financial Interests between the United Kingdom of Great Britain and Northern Ireland and the Kingdom of Spain regarding Gibraltar.

Former Bolivian interim president Jeanine Anez said on Friday that she and former Cabinet members faced arrest over an alleged coup. In a tweet, she said, The political persecution has begun. Prosecutors accused them of terrorism and sedition related to the ouster of long-time leader Evo Morales.

The Inter-American Development Bank (IDB) announced a first-of-its kind initiative that would help Latin American and Caribbean countries better compete to obtain lifesaving COVID-19 vaccines. The instrument would help both countries and vaccine makers resolve indemnity obligations, thereby removing a key obstacle to vaccine contract negotiations.

The Argentine government has extended until 31 December the current sanitary emergency first decreed on 12 March 2020, just days ahead of the social, preventive and mandatory distancing to contain the effects of the pandemic.

An Interpol coordinated ‘EL PAcCTO’ operation (20 November– 5 March) has seen a team of investigators from across Latin America locate and arrest 13 of their most wanted fugitives.

UK/European Union trade contracted in the first month of their new post-Brexit relationship, with record falls in British exports and imports of goods as COVID-19 restrictions continued on both sides.

The city of Minneapolis on Friday agreed to pay US$27 million to settle a lawsuit by the family of George Floyd over his death in police custody, a case that stirred national protests over racial injustice and police brutality. Floyd, a 46-year-old black man, died in May as Derek Chauvin, a white Minneapolis police officer, knelt on his neck for nearly nine minutes

China's economic output is forecast to account for more than 17% of the world's economy in the coronavirus-plagued 2020. As the sole economy recording positive GDP growth last year, China will ramp up efforts and strive to achieve higher quality, more efficient, sustainable and safer development in 2021, a senior government official revealed in Beijing.