LatinNews Regional Monitor: Brazil & Southern Cone - 11 May 2020

On 10 May the Argentine government extended the deadline of the expiry of the formal debt restructuring offer it has made to holders of sovereign bonds issued under international law to 22 May.... Read More

On 10 May, Brazil’s health minister Nelson Teich expressed his “sadness and suffering” over the country’s coronavirus (Covid-19) death toll, which had surpassed 10,000 as of the previous day, and promised “to do my best so that we rapidly win this terrible war.”... Read More

* Brazil’s national statistics institute (Ibge) has released the latest figures for the national consumer price index (IPCA), according to which monthly inflation was negative in April, at -0.31%.... Read More

* Uruguay’s finance & economy ministry (MEF) has revised up its estimation for the central government’s 2020 borrowing requirements to US$4.65bn, up from US$3.97bn estimated in the January 2020 report.... Read More

“We have reached the limit.... Read More

Just five months after Alberto Fernández donned the presidential sash, Argentina is teetering on the edge of default, something he promised to avoid.... Read More

Just days after President Sebastián Piñera announced a phased return to a “new normality” in Chile, to avert an economic crisis, a spike in coronavirus (Covid-19) cases in the metropolitan region of Santiago has compelled his government to tighten rather than loosen restrictions.... Read More

A political truce between Uruguay’s government and opposition is over.... Read More