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Free Webinar August 26: Hydropower of Latin America: Implementation of HPPs Construction & Modernization Projects

Free webinar August 26: Hydropower of Latin America: implementation of HPPs construction and modernization projects 11 am Colombia time Organizer: Vostock Capital Website: https://www.latinamericahydrocongress.com/en/webinar

Posted On August 17, 2020

, By Loren Moss

The above IHME map shows the mean value (across the 1,000 regressions that IHME runs in its SEIR model) of effective reproductive number, R, on June 9. Infections on June 9 roughly correspond to cases of COVID-19 on June 20 given the average duration of 11 days between infection and being reported as a case. Where this value is greater than 1, it means that every person infected with COVID-19 will produce more than one additional infected person. To successfully eliminate a disease from a population, R needs to be less than 1. The map shows that on June 9 in many parts of the world, R was lower than 1, including many parts of North America, Europe, Africa, India, Australia, and New Zealand. Locations that are showing effective R values greater than 1, which means that the number of cases of COVID-19 in the population is growing, include several states in India, the US, Mexico, and Brazil, as well as many countries in the Southern Hemisphere, such as Argentina, Chile, and Indonesia. Several countries in the Middle East, including Egypt, Saudi Arabia, Iraq, and Yemen, as well as Turkey and Iran, also had R values greater than 1 as recently as two weeks ago.

Up To 81,942 May Die In Colombia From COVID-19 Says University of Washington Institute

The Institute for Health Metrics and Evaluation (IHME) at the University of Washington is forecasting nearly 388,300 people will die from COVID-19 in Latin American and Caribbean nations by October 1. Brazil is expected to exceed 166,000 deaths and Mexico 88,000. Six other...

Posted On June 29, 2020

, By Loren Moss

Latin American Corporate Defaults Expected To Rise, says Fitch

The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.

Posted On June 29, 2020

, By Loren Moss

Latin American Governments’ Weak Public Finances Leave Them Ill-Equipped To Battle Coronavirus Recession: Fitch

According to Fitch Ratings, Latin America sovereigns' weak public finances make them particularly vulnerable to the coronavirus crisis by limiting both their counter-cyclical policy flexibility and their ability to support post-crisis economic recoveries. The pronounced negative...

Posted On June 8, 2020

, By Loren Moss

Colombia Coordinating Humanitarian Repatriation Flights For Citizens Stranded Abroad

The Colombian government continues to arrange humanitarian flights to repatriate its citizens stranded abroad. To participate, Colombians must have previously registered with their respective Colombian Consulates to qualify for these flights, and must pay the ticket cost.

Posted On June 1, 2020

, By Loren Moss

LATAM AIRLINES FILES BANKRUPTCY

LATAM Airlines this morning filed for Chapter 11 Bankruptcy in the US, though Quatar Airways & 2 South American Families have pledged almost $1 billion USD in support to preserve the airline & uninterrupted operations.

Posted On May 26, 2020

, By Loren Moss

Overwhelming Response To Viva Air Labs Innovation Challenge

Proposals came from countries such as Colombia, Germany, the United States, Sweden, Canada, Mexico, South Africa, Chile, Brazil, Spain, Peru, Puerto Rico, Argentina, Venezuela, Ireland, Portugal, the United Kingdom, and China.

Posted On April 18, 2020

, By Loren Moss

LATAM Cancels 10 Airbus Orders, Officials Not Optimistic

According to aviation publication Simple Flying, LATAM Airlines (NYSE:LTM, IPSA: LTM) has reduced its order for Airbus A350 XWB aircraft from 25 to 15.

Posted On April 13, 2020

, By Loren Moss

colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin

Fitch Ratings Predicts Avianca, Digicel & Odebrect Will Be Unable To Repay Debt Due This Year

In a new report, Fitch Ratings said that it expects a combined $202 million USD in debt due this year and owed by Avianca, Odebrecht and Digicel will not be repaid by the issuers.

Posted On March 31, 2020

, By Loren Moss

Copa Airlines Contemplates Total Temporary Shutdown of Operations

With travel restrictions in place due to the Coronavirus COVID-19 pandemic, Copa Airlines issued a filing indicating that the company will reduce capacity by 80% but may shut down completely.

Posted On March 17, 2020

, By Loren Moss