Government outlines $24 bln in programs to combat the effects from the coronavirus outbreak on informal workers
Category: Coronavirus
Posted inDaily Brief
World Bank, IMF ask G20 to allow poorest nations to delay debt payments
Request based on need to divert funds for coping with COVID-19 pandemic
Posted inDaily Brief
Colombia offers cut-rate loans against coronavirus
Bancóldex and Findeter to provide financing at subsidized rates; government forms new emergency fund
Posted inDaily Brief
Argentina turns to World Bank during health crisis
Government secures $300 mln to lessen the impact of the coronavirus outbreak on low-income households
Posted inDaily Brief
S&P cuts Ecuador to CCC-
Rating agency says default “appears inevitable” within six months
Posted inDaily Brief
Televisa, Vesta draw down loans
Mexican mass media company takes $607 mln from a local revolver, while real estate developer gets $85 mln
Posted inDaily Brief
Ecuador credit rating cut to CC by Fitch
Ecuador is nearing default of some kind after asking to renegotiate commercial debt, rating agency says
Posted inDaily Brief
Peruvian highway and mining companies suspend dividends, cite COVID-19
Suspensions motivated by prudence and need to preserve liquidity
Posted inDaily Brief
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
Posted inDaily Brief
Azul looks for new loan
Brazilian airline also says it is negotiating new payment plans as it cuts capacity by 90%