Brazil’s central bank kept its benchmark overnight rate unchanged Wednesday as policy makers gauge whether a peak in inflation is temporary. The policy committee, led by bank President Henrique Meirelles in a unanimous decision, left the rate at 10.75% for a second straight meeting.
The European parliament has honoured prominent Cuban dissident Guillermo Fariñas, awarding him the prestigious Sakharov Prize for Freedom of Thought. The 48-year-old journalist has been honoured for his services to advancing human rights in Cuba.
Ecuadorean president Rafael Correa said on Thursday the country had finished negotiations with two oil companies and planned to sign the new service contracts before November 23.
Members of the European Parliament expressed strong support for expanding trade with Mercosur but subject to clear red lines to ensure food security and prevent further environmental damage, said a resolution adopted on Thursday.