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Investors brace for losses in Argentina debt talks

Creditors prepare for tough negotiations after IMF calls on them to share the pain




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Argentina heads for ninth sovereign debt default

Analysts expect the country to make bondholders an offer they cannot accept




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Four Mexico states call for new tax deal with López Obrador

Governors seize on criticisms of president over lack of coronavirus stimulus




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Bondholders reject Argentina’s debt offer

Creditors denounce government restructuring plan as unacceptable




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Poland postpones presidential vote after bid to defy pandemic fails

With its candidate favourite to win, Law and Justice party was insisting poll should go ahead on May 10




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How coronavirus will change Paris forever

‘There is hardly a place on earth less suited to the age of social distancing’




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US-China trade, ECB bond resistance, Airbnb view

As relations deteriorate over the coronavirus, Washington considers curbing supply chains and investment flows




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Paris and The Hague say EU must toughen enforcement of green trade

Dutch and French trade ministers say Covid-19 has focused minds on global trade and climate change




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Franco-Dutch alliance could be harbinger of things to come in EU trade deals

The two members have proposed tougher enforcement of environmental and labour standards




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Denmark and Norway announce further loosening of lockdown

Cafés, restaurants and secondary schools to reopen in phased easing of restrictions




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Mikheil Saakashvili appointed to spearhead reform drive in Ukraine

Georgian once mooted as next deputy prime minister, takes on top co-ordinating role




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EU increases pressure on Britain over Irish Sea customs border

Brussels sets out tariffs proposals aimed at reducing risk of smuggling into bloc




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UK and Irish help for Trump Organization probed by Democrats

The US president holds ownership interests in golf resorts in Scotland and Ireland




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Germany’s ECB critics toast courtroom success

Plaintiffs plan fresh challenge against central bank’s emergency bond-buying programme




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Spain’s deputy PM calls for EU to step up or risk extinction

Pablo Iglesias sets out stall for shift to left with minimum income guarantee proposal




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Saving the planet the Brexit way

EU has reservations about allowing Britain to link to its carbon cap-and-trade system after Brexit




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Lagarde urges eurozone to launch joint fiscal stimulus

Economic hit of coronavirus risks exacerbating bloc’s divergence, ECB president warns




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EU’s top court reasserts primacy after German challenge

ECJ issues rare warning over EU legal order after German judges question its superiority




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VE Day in pictures

Europe commemorates Nazi Germany’s unconditional surrender on May 8, 1945




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UK draws up plans to bypass strike-prone port of Calais

Brexit and coronavirus have prompted drive for improving trade resilience




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Mexico’s economy shrinks under pressure from coronavirus

Analysts fear government’s timid fiscal response will prolong the pain




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What is the true value of Burford’s $773m claim against YPF?

EY highlights significance of litigation finance company’s action against Argentine oil group




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Bank of Canada names Tiff Macklem as its next chief

Former deputy set to take over as country faces sharpest economic contraction in decades




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El Salvador wields heavy hand to contain murder rate

Varying efforts to stem rise in homicides across Latin America have failed




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Martín Guzmán: Argentina cannot afford to pay creditors more

Even before Covid-19 struck, the country’s debt trajectory was out of control




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Venezuela says it thwarted armed ‘invasion’ by sea

Regime claims 8 people died in plot connected to foiled coup attempt launched from Colombia




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South America tensions put future of Mercosur in question

Argentina’s Alberto Fernández signals country is in no state to contemplate new deals




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Argentina bondholders snub ‘disproportionate’ debt offer

Biggest creditors attack government’s proposal to restructure $65bn of foreign debt




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Coronavirus gives Bolivia’s ‘interim’ president chance to extend rule

Jeanine Añez settles in for long haul as pandemic adds to political uncertainty




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Brazil’s business leaders fret over Bolsonaro

Confidence levels plunge as growing political crisis compounds economic damage from coronavirus




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Argentina ready to consider ninth sovereign default, says Guzmán

Finance minister tells FT that government has rejected counter-offer from BlackRock-led group of creditors




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Venezuela says two US citizens detained in failed plot

Donald Trump denies Washington played role in alleged attempt to assassinate Maduro




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The pandemic tests tempers and tolerance in Mexico

Some officials are using Covid-19 to jump on the neoliberal-bashing bandwagon




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US captive in Venezuela says plan was to extract Maduro

Venezuela’s president airs video of former US soldier accused of taking part in thwarted plot




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Cocaine trade caught in disrupted global supply chains

Drugs traffickers hit by coronavirus-induced slowdown and seizures, says UN agency




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Architect of Sweden’s no-lockdown strategy insists it will pay off

Epidemiologist Anders Tegnell says other countries could face big ‘second wave’




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United Airlines abandons $2.25bn bond offering

Investors demanded too high a price to lend to US carrier reeling from coronavirus shutdown




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Coronavirus tracked: the latest figures as countries fight to contain the pandemic

The FT analyses the scale of outbreaks and the number of deaths around the world




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Dow enters bear market as pandemic declared

Investors fret over the level of economic stimulus Washington is likely to provide




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US stocks fall 10% in worst day since 1987 crash 

Wall Street’s late sell-off came on top of Europe’s worst-ever single day performance




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Tokyo stock price fall reflects virus threat to Olympics, say analysts

Nikkei 225 average drops 16 per cent over the week amid broad pandemic-linked sell-off




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SoftBank: back to buybacks

Japanese tech group’s splurge on its own shares is not enough to impress investors




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Short bans/market closures: they amplify panic

Trading restrictions did not work in the past; there is less reason for them to work this time




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Philippines shuts financial markets indefinitely

Country becomes first in world to halt all stock, bond and currency trading




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US stocks jump 6% on stimulus hopes

Investors still on edge amid fears over economic impact of widespread shutdowns




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SoftBank: money gobbler

The Japanese tech investment group is looking increasingly challenged




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Wall Street has best day in decade as stimulus nears

S&P 500 closes more than 9% higher as investors cheer Fed backstops and political progress




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Wall Street records first back-to-back gains in over a month

S&P 500 gives back some of its earlier rally as US stimulus package attracts objections on Capitol Hill




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US stocks close up 3.4% in positive start to week

S&P 500 records fourth gain in five sessions, despite new leg down for oil prices




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GPIF hunts for overseas bonds to escape Japan’s low yields

Strategy shift comes shortly after $1.4tn fund’s CIO tweeted he was stepping down