Brazil’s rate of inflation in March picked up at the quickest pace in 11 years for that month, challenging the central bank’s plan to stop raising interest rates soon and complicating President Dilma Rousseff chances of re-election.
The Venezuelan government formally invited today the Vatican Secretary of State, Cardinal Pietro Parolin, to join the exploratory talks with the opposition as “mediator of good will” in order to find a solution to the violent situation in the country.
In a strong reply to the IMF report on the Argentine economy forecasting 0.5% expansion in 2014, the administration of President Cristina Fernandez said the multilateral organization suffers of an 'ideological bias' and its recipes only prompted the 'worst social and productive crisis in the history of Argentina'.
Gibraltar Chief Minister Fabian Picardo met with top officials from Malta this week during a two day visit focused on building links with the island state. The officials included Foreign affairs minister George Vella, Speaker of the Maltese Parliament Angelu Farrugia and Financial Services and Gaming Minister Albert Isola.
Catalonia President Artur Mas said he would forge ahead with his region's plans to hold a referendum on independence in November after Spain's parliament overwhelmingly rejected the petition. After a seven-hour debate in Madrid, and despite heavy support for the separatist movement in the wealthy northeastern region, 299 lawmakers voted against, 47 voted for and one abstained.
Argentina will witness on Thursday a new test of political clout and influence between the administration of Argentine president Cristina Fernandez and dissident organized labor, headed by teamster Hugo Moyano who has called for a national strike, anticipating it will have a resounding massive support and turnout from the Argentine people.
In a letter addressed to two Argentine humanists living in Sweden, Pope Francis deeply regretted the murder of an 18-year-old who was beat to death by a group of Rosario citizens after he had allegedly stolen a woman’s purse. “The worst that can happen to us is to forget about that scene,” the pontiff said.
China loaned 102 billion dollars to Latin America between 2005 and 2013, mainly to Venezuela and Argentina, while Mexico seems to be going the same way, according to a release from the Global Economic Governance Initiative which depends from the University of Boston.