Bloomberg Peru’s Congress approved a bill to let workers withdraw as much as 25% of their pension savings to soften the blow of the coronavirus pandemic, casting aside warnings the measure will spook investors and push up borrowing costs. Lawmakers voted 107-4 in favor of the bill, according to a video broadcast on state television. The pensions proposal from the ...

Bloomberg Britain’s opposition Labour Party, still reeling from its worst electoral defeat in 85 years, elected Keir Starmer as leader, putting a moderate lawyer with an eye for detail in charge as Prime Minister Boris Johnson’s handling of the coronavirus comes under fire. Starmer, who served as Labour’s Brexit spokesman under ex-leader Jeremy Corbyn, beat Corbyn-loyalist Rebecca Long-Bailey and Lisa ...

Bloomberg Venezuelan families made destitute by Colombia’s coronavirus lockdown are walking a thousand miles or more across the Andes to get home. Nicolas Maduro’s Venezuela might be undergoing one of the deepest economic slumps in modern history, but it’s still preferable to sleeping in a park in Medellin, or under a bridge in Bogota, which are now the alternatives for ...