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.Add your comment!
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.Add your comment!
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.1 comment
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.Add your comment!
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.
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.
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.
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).
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.
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.