Bloomberg Argentina’s latest debt dilemma is whether to pay or delay its local peso debt. While the country’s billions of dollars in foreign debt with private creditors and the International Monetary Fund (IMF) have been the primary focus for investors, the nation now faces a hurdle that’s just as large: the almost 1.8 trillion pesos ($29 billion) in local debt ...

Bloomberg Federal Reserve Bank of Dallas President Robert Kaplan said the pace of acceleration in the coronavirus across the US will be an important factor as he weighs the need for another interest rate cut when policy makers meet later this month. “I am going to be watching very, very carefully the path of diagnosed cases,” Kaplan said in a ...

Bloomberg Mastercard Inc. closed its office in Sao Paulo and an annex location near its headquarters in New York after an employee contracted coronavirus. The Brazil-based employee traveled to the annex office in Purchase, New York, earlier this week, the company said in a statement. The two locations are undergoing a “thorough sanitisation process,” it said. “While it is believed ...