The U.S. Treasury said on Tuesday it had closed loans to seven large airlines hit hard by the coronavirus pandemic and urged Congress to save tens of thousands of airline jobs by extending billions in payroll assistance.
Uruguay raised US$ 2 billion from a dual-currency debt deal on Wednesday, issuing UYU47.1 billion (US$ 1.12 billion) in new inflation-linked, 20-year notes and adding US$ 400 million to its 4.375% 2031 bonds, plus a rescheduling of US$ 500 million in 2027, 2028 and 2030 Indexed Units.
The US government expects China to honor its commitments to buy more US goods under a trade deal signed by the world's two largest economies in January despite the fast-spreading coronavirus outbreak, a senior US official said on Thursday.
Argentina's Economy Minister Martin Guzman iis in New York and on Monday will be participating of a conference at the Council of Americas. Later in the day he will meet h International Monetary Fund and U.S. Treasury officials, as part of Argentina's efforts to revive growth and renegotiate its debts.
The United States on Friday imposed sanctions on the son of Venezuelan President Nicolas Maduro for serving in his father's “illegitimate regime”. The action freezes any assets Nicolas Ernesto Maduro Guerra has in the United States and bars American individuals or institutions from doing business with the 29-year-old.
The US Treasury expanded the number of countries subject to scrutiny in a semi-annual report released this week, but again found that neither China nor any other trading partners was manipulating its currency. The treasury urged the Asian giant to avoid allowing the renminbi to weaken persistently - which would give its products a more competitive advantage.
The US Treasury will not hand President Donald Trump's tax returns over to Democratic lawmakers, defying a demand from Congress, US Treasury Secretary Steven Mnuchin said on Monday.
United States Treasury Secretary Steven Mnuchin has made calls to the heads of the country's six largest banks, a move to reassure investors after huge falls in US stocks. Last week, US stocks suffered one of the worst weekly falls in a decade as an interest rate rise and US-China trade tensions rattled markets.
United States president Donald Trump on Tuesday sanctioned the wife of Nicaraguan president Daniel Ortega and one of his aides under a new executive order allowing Washington to target Nicaraguan officials for a crackdown on anti-government protests.
A judge in Andorra has charged 29 Venezuelans with corruption - among them two former deputy ministers. Prosecutors allege that they were part of a network of corrupt officials who received US$ 2.3bn in bribes from companies in return for lucrative contracts with Venezuela's state-run oil company, PDVSA.