Politics

Wednesday, April 15th 2020 - 13:51 UTC
Argentina is readying to announce terms of the US$ 83bn debt restructure

Argentina is expected to announce an offer to restructure US$ 83 billion in foreign-currency bonds any moment as it tries to avoid default, despite shutting down the economy to contain the spread of the coronavirus.
Wednesday, April 15th 2020 - 13:00 UTC
“A bomb” hit Ecuadorean city of Guayaquil: “no space for the living or the dead”

Ecuador's economic capital Guayaquil is reeling from the most aggressive outbreak of COVID-19 in Latin America after the pandemic hit the city “like a bomb,” its mayor said. Cynthia Viteri has emerged from her own bout with the virus to battle the worst crisis the port city of nearly 3 million people has known in modern times.
Wednesday, April 15th 2020 - 10:55 UTC
Second humanitarian corridor for Greg Mortimer's passengers will depart this Wednesday

The Uruguayan government announced on Tuesday that it will evacuate the remaining passengers on the Antarctic cruise ship Greg Mortimer through a second humanitarian corridor. There will be about 15 passengers who have remained in the ship anchored in front of the port of Montevideo, where there are people with the COVID-19 disease.
Wednesday, April 15th 2020 - 10:07 UTC
Obama: ”Joe (Biden) has all the qualities we need in a president right now”

Barack Obama endorsed Joe Biden's White House bid on Tuesday, saying his longtime vice president can unify and “heal” a nation struggling through some of its darkest moments.
Wednesday, April 15th 2020 - 10:04 UTC
US will hold nations and individuals responsible for the pandemics accountable, announces Pompeo

The United States is seeking to “fundamentally change” the World Health Organization, Secretary of State Mike Pompeo said on Tuesday after Washington decided to withhold contributions during the coronavirus pandemic. The United States is the top donor to the WHO, offering US$400 million last year.
Wednesday, April 15th 2020 - 10:02 UTC
IMF approves immediate debt relief for 25 of the poorest country members

IMF Managing Director Ms. Kristalina Georgieva announced that the Executive Board approved immediate debt service relief to 25 of the IMF’s member countries under the IMF’s revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund’s response to help address the impact of the COVID-19 pandemic.
Wednesday, April 15th 2020 - 09:54 UTC
Brazil likely to have 12 times more cases of COVID-19, Universities monitoring report

Brazil likely has 12 times more cases of the new coronavirus than are being officially reported by the government, with too little testing and long waits to confirm the results, according to a study released this week.
Wednesday, April 15th 2020 - 09:37 UTC
South Korea “breaks” lockdown and goes to the polls for parliamentary election

Temperature checks on voters, separate booths for those with fever, special polling stations for the quarantined: South Koreans headed to the polls on Wednesday with a big turnout expected despite the coronavirus threat.
Wednesday, April 15th 2020 - 09:31 UTC
Trump halts funding of WHO over its handling of the coronavirus pandemic

U.S. President Donald Trump on Tuesday halted funding to the World Health Organization over its handling of the coronavirus pandemic, drawing condemnation from infectious disease experts as the global death toll continued to mount.
Tuesday, April 14th 2020 - 19:31 UTC
IMF: Uruguay's economy will fall 3% in 2020; Latin America's, 5.2%

According to the estimates of the International Monetary Fund (IMF), the Uruguayan economy will decrease by 3% this 2020. The “great closure” has been how the international body has defined, as the title of its World Economic Outlook, government measures against the global pandemic caused by the COVID-19.