Despite a record number of new coronavirus cases reported in Brazil this week, Sao Paulo –the largest city in South America and home to Brazil's financial hub– will allow shops and malls to reopen after two months of loosely enforced quarantine.
Brazil on Friday reached 27,878 coronavirus deaths, official figures showed, surpassing the toll of hard-hit Spain and making it the country with the fifth-highest number of fatalities. The epicenter of the South American coronavirus outbreak, Brazil saw 1,124 deaths in 24 hours, the Ministry of Health said.
Argentine scientists are producing what they call a fast and inexpensive coronavirus test, which according to the government has captured the interest of other countries. The new test, called “NEOKIT-COVID-19”, allows detection of the virus in less than two hours, developers say.
US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world's two biggest economies.
Production in Peru’s mining sector will fall by at least 15% this year, representing a loss in revenues of up to US$ 5 billion, due to disruptions caused by the coronavirus pandemic, a top mining executive said on Wednesday.
Brazilian food company BRF SA said the potential closure of slaughterhouses due the spread of the novel coronavirus at meat production sites would make it impossible to keep output at current levels.
Spain will open gradually to tourism this summer, starting with European countries, and will ensure visitors only go to areas that have the coronavirus under control, Foreign Minister Arancha Gonzalez Laya said.
The German economy is likely to shrink by 6.6% this year as a consequence of the coronavirus pandemic before growing by 10.2% in 2021, the Ifo Institute said on Thursday in its latest update.
The coronavirus lockdown will ease next week for most of Britain's population, Boris Johnson announced on Thursday, as a row persisted over the prime minister's closest adviser taking a long-distance journey during lockdown.
Uruguay's Economy minister Azucena Arbeleche confirmed that the Inter American Development Bank had awarded the country a 1,7bn dollars soft loan to address the sanitary, social and economic emergency as a consequence of the COVID-19 pandemic.