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Tokyo cases rise after curbs eased

Bloomberg Tokyo saw a spike in coronavirus cases with 34 new infections confirmed on Tuesday, the most in a single day in more than three weeks, with the local government reportedly planning to issue an alert to residents to exercise extra caution. The step could lead to businesses in the capital again being asked to close their doors if a ...

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UK PM revamps agenda to meet worst recession in 300 years

Bloomberg Boris Johnson plans to re-set his government’s agenda with a major speech and a financial statement to prepare the UK for the new reality after the coronavirus pandemic. Amid forecasts of the worst recession in 300 years, Chancellor of the Exchequer Rishi Sunak is drawing up options to bolster the economy after the government withdraws its vast package of ...

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IMF says there’s little scope for Argentina to boost debt offer

Bloomberg Argentina’s most recent debt restructuring proposal would restore debt sustainability and there’s little room to further increase payments to private creditors, according to the International Monetary Fund (IMF). “There is only limited scope to increase payments to private creditors and still meet the debt and debt service thresholds,” the IMF said in a two-page statement published. “Argentine authorities’ revised ...

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