Tag: pandemic

Thursday, October 29th 2020 - 09:10 UTC
Brazilian government borrowing jumped to second highest record in September

Brazilian government borrowing jumped to its second-highest on record in September, Treasury figures showed, meaning Brazil issued more debt in the first nine months of this year than the whole of last year.
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Thursday, October 29th 2020 - 08:28 UTC
Petrobras cutting losses as Brazilian economy and fuel demand are increasing

Brazil's state-run oil giant Petrobras announced on Wednesday it reduced its losses in the third quarter of the year, the company's third negative result in a row due to the global economic meltdown caused by the coronavirus pandemic.
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Tuesday, October 27th 2020 - 09:30 UTC
Argentina calls for “solidarity multilateralism” at UN meeting

Argentine Foreign Affairs Minister Felipe Sola on Monday called on Latin American and Caribbean countries to embrace “solidarity multilateralism” to overcome the impact of the COVID-19 pandemic.
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Thursday, October 22nd 2020 - 09:28 UTC
Colombian organizations take over the center of Bogotá to protest against government

Protesters filled a historic square in Colombia’s capital on Wednesday to demonstrate against the government’s handling of a wide range of issues including the economic fallout of the pandemic and implementation of the peace accord.
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Monday, October 19th 2020 - 09:29 UTC
Panama offers arriving travelers Covid-19 tests in an effort to resume economic activity

Panama is the latest country to offer travelers a COVID-19 test when they arrive at its main airport, a little less than a week after resuming international flights following a seven-month suspension due to the pandemic.
Thursday, October 15th 2020 - 09:49 UTC
Pandemic restrictions reflected an unprecedented fall in greenhouse gas emissions

Covid-19 pandemic restrictions saw an unprecedented fall in greenhouse gas emissions in the first half of 2020 – larger than during the 2008 financial crisis and even World War II – experts said on Wednesday.
Tuesday, October 13th 2020 - 09:01 UTC
Oxfam claims IMF's loans during the pandemic have worsen poverty and inequality

The vast majority of International Monetary Fund loans extended during the Covid-19 pandemic have suggested or demanded spending cuts that would worsen poverty and inequality, charity group Oxfam says.
Saturday, October 10th 2020 - 09:15 UTC
Brazilian government cuts emergency cash transfers to help the poor withstand the pandemic

Many people in Brazil are struggling to cope with less pandemic aid from the government and jumping food prices, with millions expected to slip back into poverty. Brazil’s government, starting this month, halved the amount of its monthly emergency cash transfers to help Brazil’s poor withstand the hardship of the economic meltdown, down to 300 reais (US$54).
Saturday, October 10th 2020 - 08:55 UTC
Fitch confirms Uruguay's investment grade at BBB-, but warns about inflation, deficit and public debt

Fitch Ratings, one the world's leading credit rating agency has confirmed Uruguay's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-', however with a Negative Outlook, despite the country faring much better than its neighbors.
Thursday, October 8th 2020 - 08:50 UTC
World trade with signs of recovery but still much conditioned to the evolution of the pandemic

World trade is showing signs of recovery after the slowdown caused by the Covid-19 pandemic, but the recovery still remains uncertain, according to a report from the World Trade Organization, WTO. The global entity’s new world trade volume projections are for a decrease of 9.2% for 2020 followed by a 7,2% increase next year.