Bloomberg In Argentine trading circles, a consensus had emerged of late that the government was likely to treat some local creditors the same way it would treat those who own its foreign bonds when widely anticipated restructuring talks finally got underway. In fact, dollar-denominated bonds issued in the local market were trading just a few weeks ago at almost the ...

Bloomberg Italy is advancing plans to gradually lift restrictions to contain the coronavirus as Europe’s exit from stringent lockdown measures takes shape. Amid tense discussions weighing political and economic pressures against public-health concerns, Prime Minister Giuseppe Conte’s government is hammering out an approach that foresees the full return to normal life taking months, according to people directly involved in the ...

Bloomberg President Donald Trump said he’s considering putting a “hold” on US funding for the World Health Organization (WHO) after the agency “blew it” by failing to sound the alarm sooner about the coronavirus. “I’m not saying I’m going to do it, but we’re going to look at it,” the president said at a White House briefing on the coronavirus. ...

Bloomberg In the early days of Canada’s response to the coronavirus, before the crisis captured the full attention of Prime Minister Justin Trudeau’s government, it was still business as usual on at least one front: immigration. On March 12, the day before the Canadian parliament was suspended on concern about the spread of Covid-19, Trudeau’s immigration minister, Marco Mendicino, unveiled ...

Bloomberg Ireland handed its police sweeping powers to limit travel as part of its efforts to slow the spread of coronavirus as the nation heads into the Easter holiday. The government gave the police powers to arrest people traveling more than 2 kilometers from their home or on non-essential business. If convicted, they could face as long as six months ...

Bloomberg Zeng Xiao couldn’t stop taking her temperature, or thinking about her cat. After getting caught up 76 days ago in the government-ordered lockdown of Wuhan, the Chinese city where the coronavirus pandemic began, she was finally going home. With travel restrictions lifted on Wednesday, she was taking the very first train out of town: the 12:50 am to Guangzhou, ...

Bloomberg European stocks fell after a late-session drop on Wall Street and as the region’s finance chiefs failed to reach a deal on an economic response to the coronavirus. US equity-index fluctuates and the dollar gained. The euro and Italian bonds also took a hit after European Union officials struggled to reconcile contrasting visions for the steps needed to help ...

Bloomberg As analysts struggle to assess India Inc.’s corporate earnings and debt-servicing capabilities amid the nationwide lockdown due to the coronavirus pandemic, they have begun relying on alternative indicators to inform their investment recommendations. Equity analysts speaking in interviews with Bloomberg highlighted measures ranging from volatility and cash levels to daily infection numbers and technical charts. So far, the drop ...

Bloomberg Indonesia’s central bank said the New York Federal Reserve will provide it with a $60 billion repurchase facility to help with liquidity needs amid a dollar shortage triggered by the coronavirus outbreak. Bank Indonesia has no plan yet to use the facility, Governor Perry Warjiyo told investors on a conference call. The agreement on the credit line was a ...

Bloomberg As risk assets regain their mojo amid optimism the coronavirus spread is beginning to level off, Bitcoin’s back above $7,000. The largest cryptocurrency gained as much as 6.4% to $7,193, its highest in nearly a month. That’s its biggest one-day gain in two weeks and caps a near 11% rally for Bitcoin so far in April. “Risk-on mode was ...