
Argentina’s government and its creditors are edging toward a deal to revamp US$ 65 billion in foreign debt but still have a distance to close between an initial offer from the government and counteroffers from bondholders ahead of a Friday deadline.

Coronavirus cases soared in Chile on Tuesday as soldiers were deployed to back up riot police in Santiago following clashes with demonstrators angry about food shortages and job losses.

US President Donald Trump said on Tuesday he is considering imposing a halt on all travel coming from Latin America amid worsening coronavirus outbreaks in the region.

Argentina's second city Cordoba has rolled back on the easing of lockdown measures following a sharp spike in coronavirus infections, authorities said on Tuesday. Social isolation measures have been in place in Argentina since March 20, but some local and regional authorities were allowed to relax those, particularly in areas with few cases.

OECD countries unanimously decided last Friday to invite Costa Rica to become a member of the Organization. Costa Rican President Carlos Alvarado Quesada and OECD Secretary-General Angel Gurría will sign an Accession Agreement in the coming days.

The World Health Organization bowed to calls on Monday from most of its member states to launch an independent probe into how it managed the international response to the coronavirus, which has been clouded by finger-pointing between the U.S. and China over a pandemic that has killed over 300,000 people and leveled the global economy.

The novel coronavirus is spreading so fast among the indigenous people in the furthest parts of Brazil's Amazon rainforest that doctors are now evacuating critical COVID-19 patients by plane to the only intensive care units in the vast region.

Police and protesters clashed in Santiago on Monday amid a city-wide lockdown meant to stem the spread of the coronavirus as local officials warned that food shortages had hit one of the Chilean capital's poorest neighborhoods.

Brazilian president Jair Bolsonaro again disregarded public health advice amid the coronavirus pandemic on Sunday to snap photos with lockdown protesters, as the country’s largest city of Sao Paulo struggles to keep its healthcare system afloat with public hospitals at 90 percent capacity.

France and Germany proposed on Monday a 500-billion-euro (US$545-billion) fund to finance the recovery of the European Union's economy from the devastation wrought by the coronavirus crisis.