Despite Energy Minister Juan José Aranguren's plans, Argentina will end up importing in 2016 almost as much crude as in 2015. Freighters from Nigeria and Angola reported to be on their way with some 3 million barrels.
Argentina's central bank cut its benchmark interest rate for the second time in two weeks in a surprise move amid market expectations it would hold steady after a high inflation reading and U.S. elections last week.
A leading ally of President Mauricio Macri's precarious coalition in Congress and chair of the Lower House Foreign Affairs committee, held another special session to address the September UK/Argentina Joint Statement, which she argues is not an accord or treaty, but nevertheless strongly questions the South Atlantic chapter which calls for lifting economic sanctions on Falklands' trade, fisheries, connectivity and oil development.
The following editorial was published by The New York Times - Interpol, the international law enforcement agency, has had a history of allowing its international database of fugitives to be used by authoritarian governments to persecute dissidents and critics. It is therefore deeply troubling that a senior Chinese security official will become the organization’s next president.
At the request of Attorney General Reinaldo Muñoz submitted last week, claiming that the legislative branch was violating the National Constitution by pronouncing the president politically responsible for his actions. The Venezuelan Supreme Court on Tuesday ordered the National Assembly to drop its intentions to move forward with the impeachment of President Nicolás Maduro because it would be unconstitutional.
Argentine ex president Cristina Fernandez strongly defended her mother Ofelia Wilhelm who has been accused by the federal justice of fraud and pointed to president Mauricio Macri for the official investigation warning that no matter how many cases are dumped on me, the fact is people don't make enough money to reach the end of the month.
Canadian Prime Minister, Justin Trudeau will pay official visits to Cuba and Argentina from November 15 to 18, and will travel to Peru from November 19 to 20 to participate in the 2016 Asia Pacific Economic Cooperation (APEC) Leaders’ meeting.
International Monetary Fund's executive board said on Tuesday that the Brazilian economy could be close to pulling out of a grueling recession, but faces a long and bumpy recovery that hinges on the approval of unpopular reforms. In its considerations of the IMF staff's annual report on Brazil, the executive board said that despite the new government's efforts to avoid a fiscal crisis they expected a gradual recovery in Latin America's top economy.
Donald Trump is expected to use his first meeting with a foreign leader as U.S. president-elect this week to try to reassure Japanese Prime Minister Shinzo Abe and other Asian allies rattled by his campaign rhetoric, advisers to Trump said. Abe, a political blue blood and veteran lawmaker, and Trump, a brash outsider with no diplomatic or government experience, have differences on policy issues such as free trade.
Cheaper imports from Mercosur and the recovering dairy market will push down EU beef production and prices, states in a long-awaited impact study released by the European Union. Dairy and pigmeat exports will see steady gains, says the report, which looked at the cost of 12 pending trade deals on EU agri-food markets.