GLOBAL PANDEMIC Global Covid-19 death toll passes two million 16-01-2021 07:37 The global death toll from Covid-19 passed two million on Friday, with the WHO urging mass vaccinations.
Coronavirus pandemic Maradona self-isolating at home due to Covid-19 risk 27-10-2020 18:19 Maradona began self-isolating Tuesday after a person he works closely with showed symptoms of Covid-19. River Plate coach Marcelo Gallardo also goes into quarantine.
Is cash still King? Cash, long a refuge in uncertain times, now under suspicion 20-05-2020 08:23 In troubled times, people have been known to hoard currency. But in the coronavirus crisis, things are different. Cash, so often a source of reassurance, is now a source of suspicion.
Bloomberg SoftBank’s Son bets on himself with US$7.4-billion pledge 24-03-2020 18:38 Masayoshi Son’s stake in the Japanese conglomerate has risen to 26.9 percent from 25.5 percent. With SoftBank’s shares gyrating wildly, he also pledged more stock against his holdings.
Bloomberg US$100 billion of debt from emerging-markets is now distressed 19-03-2020 18:47 The bonds of emerging-market nations are entering distressed territory at an alarming rate as the soaring dollar raises the prospect of government defaults.
Argentina's downturn Merval slumps 14% amid virus fears, country risk soars above 4,000 points 18-03-2020 18:03 As global markets take huge hits, benchmark Merval index of Buenos Aires Stock Exchange plunges more than 14 percent; Country risk rose to 4,040 points, a height not seen since June 2005.
Bloomberg IMF ready to mobilise US$1-trillion loan capacity to tackle virus 16-03-2020 16:12 IMF Managing Director Kristalina Georgieva calls for global coordination on monetary, fiscal and regulatory support amid coronavirus crisis.
RATINGS AGENCY Fitch lifts Argentina out of restricted default for second time 24-12-2019 07:46 The decision to delay payments on the dollar-denominated Treasury bills, known as Letes, until August 31, 2020, placed the country in a one-day technical default, Fitch said.
ECONOMIC INDICATORS Exchange market stable on second day of currency controls 03-09-2019 12:27 Peso at 58.59 per greenback, country risk remains at 2,532 points.
FINANCE Pre-PASO turbulence sends peso to 46.69 per greenback 05-08-2019 18:03 Pre-PASO turbulence and China's devaluation of its currency hit the local exchange markets today, with country risk nearing 900-point barrier.