
Sixty-two percent of the International Monetary Fund’s lending in response to the coronavirus pandemic has gone to 21 countries in hard-hit Latin America, IMF Managing Director Kristalina Georgieva said.

U.S. Treasury Department designated Switzerland and Vietnam as currency manipulators for the first time, while keeping China on a watch list, in the Trump administration’s final foreign-exchange policy report.

Argentina’s gross domestic product contracted 10.2% in the third quarter of 2020 versus the same 2019 period, the government’s Indec statistics agency said on Wednesday, amid uncertainty about a possible retightening of COVID-19 lockdown measures.

Argentine oilseed workers are expected to continue the strike actions that are currently hitting activity at most of the country’s crushing capacity until at least next week after last-ditch salary talks with the sector’s chambers failed, Daniel Yofra, the secretary-general of crushers’ union FTCIOD has told Agricensus.

Chancellor Angela Merkel banged the podium in frustration as she implored Germans this month to reduce social contacts to curb the spread of COVID-19. At one point in her unusually passionate address to parliament, during which she was heckled, she brought her hands together as if in prayer. At others, she shook her fist.

Russian President Vladimir Putin, Brazilian President Jair Bolsonaro and Mexican President Andres Manuel Lopez Obrador on Tuesday congratulated US president-elect Joe Biden on his victory, more than a month after the Nov 3 election.

Some of the world’s largest food companies and grocers urged commodity suppliers including Archer-Daniels-Midland Co, Bunge Ltd, Cargill Inc and Louis Dreyfus Co. to stop trading soybeans associated with deforestation in Brazil’s Cerrado region, a savanna that is a hive of biodiversity and one of the country’s most important carbon sinks.

Chilean lawmakers late on Tuesday approved a bill to reserve 17 of 155 seats for representatives of indigenous communities in its upcoming constitutional convention, a measure lauded as historic by the government of center-right President Sebastian Piñera.

The government of President Jair Bolsonaro said that Brazil has guaranteed access to 300 million vaccines, mainly those developed by Oxford University along with AstraZeneca pharmaceutical and Brazil's Fiocruz foundation, as well as vaccines from the Covax Facility international initiative.

Brazil’s health regulator Anvisa said China’s health authorities are not transparent in their authorization of COVID-19 vaccines for emergency use, a statement that may further inflame political tension in the country.