Edition:
India

Rodrigo Campos

Between two storms: Caribbean braces for hurricanes in coronavirus era

30 May 2020

HAVANA/NEW YORK Ken Hutton is worried Great Abaco Island in the Bahamas where he lives is far from rebuilt after being devastated by Hurricane Dorian last year yet he is bracing for another hurricane season in the midst of the coronavirus pandemic.

Argentina, creditors get ready to resume debt talks after ninth sovereign default

23 May 2020

BUENOS AIRES A major Argentina creditor group said on Saturday it had been invited to sign a non-disclosure agreement by Argentina's government, signaling that talks could be moving to the next phase after the South American country defaulted a day earlier.

Why bond investors are willing to bet on money-losing Pemex after oil price crash

22 May 2020

MEXICO CITY/NEW YORK Mexico's state-owned oil company Petroleos Mexicanos has seen investor sentiment improve in recent weeks despite sky-high debts, a slump in demand and no clear direction about how the government will turn the money-losing driller around.

Argentina looks to rewrite history as default No. 9 looms

22 May 2020

BUENOS AIRES/NEW YORK Buenos Aires estate agent Esperanza Abondano is feeling the pinch of Argentina's debt crisis as the country inches toward a potential ninth default with a hard deadline for bond payments on Friday and a restructuring deal with creditors still elusive.

Argentina's creditors make counter offers as debt restructuring deadline nears

16 May 2020

BUENOS AIRES/NEW YORK Argentina received three new counter-offers from creditors late on Friday as the South American nation races to strike a deal to restructure $65 billion in foreign debt and avoid a default by the deadline at the end of next week.

Argentina extends $65 bln debt deadline as 'hardball' talks stoke risk of default

12 May 2020

BUENOS AIRES/LONDON/NEW YORK Argentina will extend negotiations over a $65 billion debt restructuring proposal until May 22, the government said on Monday, setting the stage for tense last-ditch talks as the South American nation races to avoid default.

Stocks fall as Trump's China tariff threat adds to fears over virus-hit economies

02 May 2020

NEW YORK Wall Street took a nosedive on Friday on fears that the world's two largest economies could resume a trade war, dragging down a global stocks index on a day that many financial markets were closed for a holiday.

GLOBAL MARKETS-Stocks fall as Trump's China tariff threat dampens risk appetite

01 May 2020

* Tracking COVID-19 spread: https://tmsnrt.rs/3aIRuz7 (Updates prices, comment)

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