Economy Crisis

Demonstrators gathered outside Jeff Bezos' mansion Thursday and constructed a guillotine outside his front door to protest Amazon workers' wages. The protest came the day after Bezos became the wealthiest person in history, according to Forbes, with a net worth surpassed $200 billion.

Protesters, led by former warehouse worker and outspoken Amazon critic Christian Smalls, called on the company to raise its minimum wage to $30 per hour.

Argentina reached a deal with its major creditors to restructure roughly $65 billion in sovereign debt, a hopeful sign for a country that now faces a brutal Covid-19 related recession on top of longstanding economic problems.

The official statement of the Argentinean Economy Ministry read: "Argentina will adjust some of the payment dates contemplated for the new bonds established in its July 6 Invitation, without increasing the total amount of principal payments or interest payments that Argentina undertakes to make and at the same time improving the value of the proposal for the creditor community ".

Chuck E. Cheese, an American family entertainment center chain, is approaching bankruptcy and is in talks with lenders about financial deals. CEC Entertainment Inc., parent company of Chuck E. Cheese, has a debt of almost $1 billion and hopes to secure $200 million in loans.