President Fernández puts focus on protecting health over the economy, even as a possible default looms
Author Archives: Charles Newbery
Posted inDaily Brief
Uruguay to block Tienda Inglesa from buying competitor
Goldman Sachs-backed retailer had tried to acquire Disco supermarkets from Grupo Éxito
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Ribeiro warns it cannot pay debt
Argentine home good store misses interest payments as the coronavirus shutdown slams sales
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Enjoy plans share sale despite crisis
Chilean casino and hotel operator aims to raise $150 mln to fund its growth plans
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La Rioja skirts default, gets off ratings watch
Province makes interest payment on 2025 bond, but could struggle to meet upcoming debt payments, S&P says
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Uruguay eyes $2.5 bln in funding from multilateral lenders
Economy minister says a special line of credit would go to a COVID-19 response, helping to ease the economic fallout
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BYMA appoints new vice chairman
Financial markets veteran Marcelo Menéndez replaces Nicolás Caputo at the operator of Argentina’s largest stock market
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Uruguay borrows from IDB for COVID-19 response
DC-based development bank provides $125 mln to support companies hit by the health crisis and to help revive the economy
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Argentina earmarks $580 mln for small businesses
Government seeks to keep small businesses and self-employed workers afloat during the lockdown
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Argentina eyes five-year deferment for IMF debt payments
President Fernández reiterates that the government cannot pay off debt until the economy recovers from a worsening recession