Politics

Friday, March 13th 2020 - 08:47 UTC
South American stock markets suffer heavy losses on Thursday

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.
Friday, March 13th 2020 - 08:25 UTC
Brazilian congress and Bolsonaro clash slumps the Real to below 5 to the dollar

As if things were not difficult enough for markets in Brazil, whose stocks and currency are among the world's worst-performing this year, an unexpected twist in the country's fragile politics threatens to make the situation even tougher.
Friday, March 13th 2020 - 08:20 UTC
Wall Street financial firms have most of its staff working from home

Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the outbreak triggered a state of emergency in New York City.
Friday, March 13th 2020 - 08:10 UTC
Argentina soybean output forecast to reach 52 million tons, down 6% year on year

Soybean output for Argentina -- the world's third-largest soy producer and exporter -- is forecast to be at 52 million tons, down 4.6% on February estimates and 6% year on year, in 2019-20 crop year (November-October), on dry conditions in Córdoba and Santa Fe, a Buenos Aires Grains Exchange report said on Thursday.
Friday, March 13th 2020 - 07:29 UTC
Civil disobedience resumes in Chile with demands for president Piñera to step down

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.
Friday, March 13th 2020 - 07:24 UTC
Walt Disney theme parks closed, beginning Sunday March 15

Disney announced on Thursday that it will be closing its theme parks at Walt Disney World Resort in Florida out of an “abundance of caution” as coronavirus concerns mount in the US.
Thursday, March 12th 2020 - 08:55 UTC
Coronavirus: Trump locks out all travel from Europe for 30 days and pledges financial relief to small businesses

President Donald Trump on Wednesday said the U.S. would restrict all travel from Europe for the next 30 days and use executive orders to offer financial relief to individuals and small businesses in his most extensive steps to date to address the crisis of the coronavirus.
Thursday, March 12th 2020 - 08:50 UTC
WHO declares coronavirus a pandemic and warns about “alarming levels of inaction”

The World Health Organization declared the novel coronavirus a pandemic on Wednesday as it spreads in more than 100 countries around the world. WHO defines a pandemic as “the worldwide spread of a new disease.” The determination is based on the geographic spread of a disease, the severity of illnesses it causes, and its effects on society.
Thursday, March 12th 2020 - 07:52 UTC
Brazilian stocks plunged on Wednesday; second day in the week trading had to be suspended

Brazilian stocks plunged on Wednesday on fears about the economic impact of the coronavirus pandemic, leading the Sao Paulo stock exchange to suspend trading for the second time this week.
Thursday, March 12th 2020 - 07:48 UTC
With local elections looming, Brazilian congress overturns Bolsonaro veto on social spending

Brazil's Congress overturned a presidential veto on Wednesday in an ongoing battle over appropriations with President Jair Bolsonaro, doubling social assistance for elderly and disabled people that will cost an extra 20 billion reais (US$ 4.2 billion) this year.