Argentina's Senate on Thursday gave final approval to an unpopular austerity budget designed to meet the stiff requirements of a US$ 57.1 billion International Monetary Fund bailout. Approval came as a great relief for battered president Mauricio Macri, but also a double victory, since it opens the way for his reelection aspirations next year.
Theresa May has dismissed speculation she could be ousted as prime minister over her Brexit agreement, saying: I am going to see this through. Speaking in Downing Street, on Thursday the prime minister said: The course I have set out is the right one for our country and all our people.
Economist Roberto Campos Neto has accepted an invite to become the head of Brazil's central bank under the government of the incoming president, Jair Bolsonaro, the nation's future economy minister said in a statement on Thursday.
Former New York Mayor Rudolph Giuliani met Tuesday with Uruguay's President Tabaré Vázquez in Montevideo and agreed to work on a new security proposal adjusted to the local situation.
Two money transfers from British NGO Global Justice Now to the Buenos Aires branch of the Association for a Fee for Speculative International Financial Transactions to Help Citizens (ATTAC) worth 32,000 sterling pounds combined, have drawn the attention of Argentine anti money laundering authorities who have launched an ex officio investigation.
Spain's Culture Ministry chose 95-year-old Uruguayan poet Ida Vitale for the 2018 Cervantes Literature Prize 2018, for her language, one of the most outstanding and recognized poetry, which has long become a reference for all poets, it was announced Thursday.
Aerolineas Argentinas President Luis Malvido ruled out Wednesday any plans to privatize the national flag carrier and added they had no intention to close down routes. However, the company's long term is under evaluation.
Brexit Secretary Dominic Raab has resigned saying he cannot in good conscience support the UK's draft Brexit agreement with the EU. Theresa May announced on Wednesday evening that she had secured the backing of her cabinet for the agreement, after a five hour meeting.But several ministers were understood to have spoken against it.
The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war. Argentina, the No. 3 global soy grower, is making major purchases of U.S. supplies. A weekly measure of US shipments to Argentina just rose to the highest in at least 35 years, U.S. government data showed Tuesday.
Brazil's president-elect Jair Bolsonaro on Wednesday named as foreign minister a career diplomat who currently heads the ministry's United States and Canada department. Ernesto Araujo, 51, was an early supporter of the far-right leader, and courted controversy when he referred to members of the left-wing opposition as terrorists.