Bloomberg Portugal will delay the planned reopening of malls in the Lisbon region after recording new clusters of the coronavirus outbreak. Malls in the area will remain closed until June 4, Prime Minister Antonio Costa said at a press conference. Portugal reported the biggest daily increase in coronavirus cases in three weeks due to new infections in the region. The ...

Bloomberg Argentina and its key bondholders are getting closer to a $65 billion debt restructuring deal after the country defaulted on its overseas debt for the ninth time in its history. While still at odds over several key issues, the latest changes in the proposals by the government and two groups of creditors published signal the difference between both sides ...

Bloomberg The International Monetary Fund (IMF) approved an $11 billion credit line for Peru as the South American nation’s economy endures a slump that may be the deepest in more than a century. The two-year flexible credit line is a precautionary measure that should boost market confidence and provide insurance against downside risks, the fund said. Peru becomes the third ...