Brazil's central bank and finance minister denied a report that the government could raise taxes on foreign exchange transactions to help reach this year's fiscal target. Bloomberg News had reported the move was among the options being considered by the Brazilian government to meet its fiscal target, citing a source with direct knowledge of the issue.
Bolivia passed a controversial measure on Wednesday to expand production of coca, the raw material for cocaine. Leftist president Evo Morales dismissed warnings that an increase in coca crops would fuel the illegal drug trade.
International Women’s Day is a time to reflect on progress made, to call for change and to celebrate acts of courage and determination by ordinary women who have played an extraordinary role in the history of their countries and communities, reads the United Nations message.
Britain has retained its spot as third best country in the world despite anxieties over Brexit, a global survey suggests. Switzerland took first place followed by Canada and the UK, the survey by US News & World Report, Y&R’s BAV Consulting and the Wharton School of the University of Pennsylvania shows.
British ambassador in Buenos Aires, Mark Kent this week held a meeting with relatives of Argentine combatants who lost their lives during the Falklands conflict in 1982, according to the embassy twitter. The meeting was described as “historic”, and Ambassador Kent said that the “warm and most respectful dialogue”, addressed humanitarian issues and “how to honor the memory and dignity of the fallen in combat”.
Peruvian Ministry of Production (PRODUCE) has set the maximum allowable catch quota for Patagonian toothfish (Dissostichus eleginoides) at 160 tons for 2017. According to the Ministerial Resolution No. 097-2017-PRODUCE, published on Friday in the official newspaper El Peruano, states the quota may be modified according to biological and/or environmental conditions, following a report from the Instituto Mar del Peru (IMARPE).
Brazil's President Michel Temer launched an infrastructure concessions program on Tuesday that he said should raise 45 billion Reais (US$14.43 billion) in investment in building and operating roads, port terminals, railways and power transmission lines. Temer said the program was key to restoring an attractive business environment as Brazil struggles to emerge from its worst-ever recession.
Brazil's fertilizer market, having recovered to set a fresh all-time high last year, will expand further in 2017, Fertilizantes Heringer said, as it unveiled a jump in corn nutrient volumes, but a fallback in sales to coffee growers.
Brazilian services activity contracted at the slowest pace in two years in February, contributing to signs that Latin America's economy may soon turn the corner on a deep recession. The Purchasing Managers Index (PMI) for Brazilian services, compiled by research firm Markit, rose to 46.4 in February from 45.1 in January, hitting its highest mark since March 2015.
More than 200 weather records were broken during Australia's most recent summer, a climate group has warned. The Climate Council report, titled Angry Summer, said the season was defined by intense heat-waves and bushfires in eastern Australia but heavy rain and flooding in the west.