Latam FX to edge up initially if Democrats sweep U.S. vote

By Gabriel Burin



a stack of flyers on a table: FILE PHOTO: Mexican peso banknotes are pictured at a currency exchange shop in Ciudad Juarez


© Reuters/JOSE LUIS GONZALEZ
FILE PHOTO: Mexican peso banknotes are pictured at a currency exchange shop in Ciudad Juarez

BUENOS AIRES (Reuters) – Latin American currencies are poised to edge up briefly against a weaker U.S. dollar with a potential Democrat sweep in the U.S. elections, but domestic challenges will continue holding them back after any initial bounce, a Reuters survey showed.

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Former Vice President Joe Biden’s lead over Republican U.S. President Donald Trump has widened in the final days of the 2020 campaign in three critical Rust Belt states that Trump narrowly won four years ago, according to Reuters/Ipsos opinion polls.

The Mexican peso and the Brazilian real are set to gain in the event of a solid Democrat victory that would open a path to a swift fiscal stimulus package and gains for sectors such as green energy, adding downward pressure on the

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Censorship sweep punishes deepfake app Reface and online school Xueersi in China’s latest internet crackdown



a desktop computer sitting on top of a desk: Computer users sit near a monitor display with a message from the Chinese police on the proper use of the internet at an internet cafe in Beijing. Photo: AP


Computer users sit near a monitor display with a message from the Chinese police on the proper use of the internet at an internet cafe in Beijing. Photo: AP

A deepfake face-swapping tool, which can superimpose anyone’s face into scenes from films, was ordered to disappear in China earlier this year, according to the country’s internet watchdog. It joins dozens of other apps and websites that have come under fire from authorities, including an online school accused of encouraging teenage romance.

In its latest progress report, the Cyberspace Administration of China said it ordered the removal of a number of apps accused of “disseminating politically harmful content”. Among them was Reface, a freemium app that can generate deepfake video clips from a single photo.

By Tuesday evening, Reface remained available in Apple’s iOS App Store in China, but it could not be found in Chinese Android app stores run by

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