Brazilians took the streets over the weekend calling for the impeachment of President Jair Bolsonaro, who is under fire for his government's handling of COVID-19, which has raged through the country claiming more than 216,000 lives and 8,9 million contagions.
United States president Joe Biden spent his first full day in office on Thursday signing a number of executive orders addressing the handling of the coronavirus pandemic, which has affected more people in the United States than anyplace else in the world. The U.S. has 24.6 million of the world’s more than 97 million infections.
Fitch Ratings forecasts Latin American economies will rebound this year from the 2020 recession but risks remain in particular because of the evolution of the COVID-19 pandemic.
China’s economy grew at a faster-than-expected pace in the fourth quarter of last year, ending a rough coronavirus-stricken 2020 ahead of all major industrialized nations, as well poised to expand further this year.
United States president-elect Joe Biden laid out his plan for another US$ 1.9 trillion economic rescue package on Thursday, seeking to combat the economic and health crises stemming from the pandemic.
Argentina's economy is expected to grow 5,5% in 2021, after a contraction of about 12% last year due to the COVID-19 pandemic, with inflation seen ending the year at 49.8%, according to a survey of economists by the central bank released on Friday.
Uruguay announced on Wednesday a raft of new measures to help contain the growing number of Covid-19 positive cases which if sustained could strain hospital and sanitary capacities.
Chile's unemployment rate eased to 10.8% between September and November, the government said in the last day of 2020, but remained well above the same period the previous year as the coronavirus pandemic continued to weigh on the economy of the world's top copper producer.
Brazil posted a US$ 51 billion trade surplus last year, official figures showed on Monday, a 6% increase from the year before as the COVID-19 pandemic hit imports harder than exports.
Vandals lashed out at the leaders of the U.S. House and Senate over the holiday weekend, blighting their homes with graffiti and in one case a pig’s head as Congress failed to approve an increase in the amount of money being sent to individuals to help cope with the coronavirus pandemic.