El Salvador's presidential office on Sunday postponed the second phase of the economy's reopening by two weeks, citing a still-rising number of coronavirus infections. President Nayib Bukele has imposed some of the toughest measures in the Americas against the pandemic, which has caused 217 deaths and 7,777 infections in the Central American country.
Latin American stocks and currencies
remained muted on Friday as a U.S. holiday provided few trading
cues, but were set to end the week with gains as bets grew for a
recovery from the economic ...
Brazil's Treasury Secretary Mansueto Almeida said on Friday that a tax reform bill is likely to be sent to the Congress in August. Speaking in a webcast organized by the investment banking unit of Itau Unibanco (ITUB), Mansueto added the debate on tax reform must start as soon as possible to find a common ground for approval.
The government of Argentina intends to present a new debt restructuring offer to the U.S. Securities and Exchange Commission in the coming days, a government source said on Friday. Argentina is trying to avoid a messy legal standoff with its creditors by striking a deal for the restructuring of about $65 billion in foreign debt.
Latin American stocks and currencies were
muted on Friday as a U.S. holiday provided few trading cues, but
were set for weekly gains as bets grew for a recovery from the
economic effects of the ...
Economic activity in Brazil contracted significantly in June for a fourth month, a survey of purchasing managers' activity showed on Friday, as the COVID-19 crisis ensured Latin America's largest economy ended the second quarter on a weak footing.
Brazil's central bank president said on Thursday that Facebook Inc (FB) messaging service WhatsApp would be allowed to launch its new payments service in the country, but called for proof it can operate safely in terms of data protection in a competitive market.
Latin American stocks and currencies rose
on Thursday, led by oil- and metal-linked currencies, after
record U.S. job gains boosted hopes for a swift recovery from
the pandemic-triggered recession.
Brazil's economy looks to have begun a "V"-shaped recovery from the worst of the COVID-19 crisis, central bank president Roberto Campos Neto said on Thursday, citing the latest energy, traffic and tax collection data as well as double-digit credit growth.
Brazil's central bank president, Roberto Campos, said on Thursday Facebook Inc messaging service WhatsApp will be allowed to operate its newly launched payments service once it is proven the arrangement proposed by the company is competitive and safe in terms of data protection.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
