Industries and markets

Coronavirus: Argentina closes borders for 15 days

“Argentina will close its borders for 15 days to non-residents in order to combat the spread of coronavirus, President Alberto Fernandez announced on Sunday. Public and private school classes would also be suspended until March

Coronavirus Could Bankrupt Most Airlines by End of May, Consultant Warns

“Many carriers are already technically bankrupt, CAPA warns. Governments and the, industry need to act to avoid catastrophe.”

Brazil: US$ 30bn fiscal boost to prop the economy and soften Covid-19 impact

“Brazil’s government on Monday announced emergency measures to inject nearly 150 billion reais (US$ 30 billion) into the economy to soften the blow from the coronavirus pandemic.”

Exclusive: Mexican private sector pitches $92 billion in energy investment – document

“With 275 projects from 2020 to 2024 encompassing everything from power generation, storage and transportation to exploration and production of natural gas, the 1.787 trillion peso ($91.5 billion) package could significantly influence the government’s national

Central American countries ramp up measures to fight coronavirus

“As of Thursday, Costa Rica’s health ministry confirmed 23 cases of coronavirus, the most out of any country in Central America. Panama reported the first death from coronavirus in the region on Tuesday. At least

Citing past success, Mexico seeks to mediate Russia, Saudi Arabia oil row

“Last week, a three-year pact between Russia and Riyadh collapsed, leading to the scrapping of all restrictions on output in a market already awash with oil. Mexico was present at the meeting in Vienna where

Brazil’s Bolsonaro says he tested negative for coronavirus

“The comment on his Facebook page comes after a Brazilian newspaper reported Bolsonaro had tested positive.”

South American stock markets suffer heavy losses on Thursday

” Argentina’s main stock exchange crashed by nearly 10% on Thursday as markets continued to panic over the coronavirus pandemic. The fall wasn’t as bad as Monday’s that reached almost 14% but it continued the

Latin American countries halt flights from Europe, ban public gatherings and close schools

“Argentina, Bolivia, Peru, Costa Rica, Paraguay and Honduras took tougher steps a day after the World Health Organization described the outbreak as a pandemic and the United States restricted some travel from Europe.”

Civil disobedience resumes in Chile with demands for president Piñera to step down

“Chile’s attorney general’s office said in January it was investigating the security forces for allegedly violating the human rights of 5,558 people since protests broke out. Chile’s Human Rights Institute said on Feb. 18 it