
Chile’s government reached a deal with opposition lawmakers for a US$ 12 billion stimulus package over the weekend as infections hit a record and the health minister quit.

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.

Argentina has extended confidentiality agreements with creditors by one day to allow further negotiations as the two sides seek a last-ditch agreement to restructure around US$ 65 billion in debt.

Facebook Inc said on Tuesday it would affix labels to political ads shared by users on their own feeds, closing what critics have said for years was a glaring loophole in the company’s election transparency measures.

Brazil reported a record 34,918 new coronavirus cases on Tuesday, the same day that one of the senior officials leading the country’s widely criticized response to the crisis said the outbreak was under control.

Some of Argentina’s largest creditors presented a new debt proposal to the government over the weekend as the two sides edge closer to a US$ 65 billion restructuring deal, according to people familiar with the matter.

Higher fines to those illegally fishing in Argentine waters, including around the Malvinas Islands, is directed to discourage poachers, indicated Argentine foreign minister Felipe Solá who also defended the decision to interrupt the exchange of fisheries information on the South Atlantic bio-mass with the United Kingdom and the Falklands.

Brazilian President Jair Bolsonaro said on Monday that the country’s military would not obey any order to remove an elected president, deepening a war of words with the judicial branch that has led to fears of threats to democracy in the country.

Brazil's Attorney General has called for an investigation into several invasions of hospitals in the country after its President called on Brazilians to inspect the conditions of medical wards treating Covid-19 patients.

A study carried out by the United Nations Conference on Trade and Development, Unctad, pointed out that disruptions to the economic and social sectors by the pandemic have caused a dramatic decline in trade.