Argentina is a great country and Argentina and the US will have the closest relation in history, according to the official version from the administration of president Mauricio Macri who on Monday was on the phone with president elect Donald Trump to congratulate him on his presidential victory.
Argentine ex president Cristina Fernandez has desisted from appealing her prosecution on charges of fraudulent administration in detriment of the Argentine state in the so called “dollar futures” case involving the Central bank sale of US currency and demands an immediate oral trial.
The move is seen as a token of exchange following the Argentine government's open decision to support Hillary Clinton. Martín Losteau, who was also economy minister under Cristina Fernandez, ran for Mayor of Buenos Aires last year and lost to the Macrist candidate Horacio Rodríguez Larreta, wants to race again in 2019.
Colombia's government and its largest rebel group announced a new, modified peace accord Saturday, after voters rejected an earlier deal in a referendum. The government and Revolutionary Armed Forces of Colombia (FARC) - a Marxist guerrilla group - said in a joint statement they had incorporated proposals from various groups in the new deal.
The dismal state of the Argentine armed forces was revealed by Defense minister Julio Martínez who claimed that the ten/twelve Kirchner years downed more Air Force aircraft than those lost during the South Atlantic conflict in 1982.
Brazilian state-controlled oil company Petrobras posted an unexpected third-quarter loss after drastically reducing the value of oil fields and other assets amid a severe downsizing and weak oil prices. Petrobras lost a net 16.458 billion reais (US$4.9 billion) last quarter, five times more than a year earlier. Despite that, operational and cash flow trends improved and, without an impairment, profit could have totaled 600 million Reais, Chief Financial Officer Ivan Monteiro said.
Argentina has an excellent relation with the Obama administration and this will be the case with a government led by Trump, pointed out Argentina's cabinet secretary Marcos Peña adding that the first signals from the elected president are positive since he is moderating his electoral campaign speech.
The Brazilian pepople's cult of the female rear came back to life once again in the 2016 edition of the Miss Bumbum beauty contest, in which candidates from the 27 states disputed the title to the best behind, raising again controversy around the issue of object woman.
Protesters Friday blocked some of Sao Paulo's main avenues to object to the the bill to freeze public spending for 20 years. Others set roadblocks with tires at the Vía Dutra, which links Sao Paulo with Rio de Janeiro, and Via Anchieta, the main road between the city and the coast.
The index of the leading shares of the Buenos Aires stock market returned to adjust results in 3.51% and accumulated thus four rounds of losses for a total drop of 9,25% sice Monday. The Merval started the week with 17,257.56 points and dropped Friday to 15,659.74 points, with significant decreases except for Tenaris, which managed to stay away from the trend of US-based businesses thanks to a positive balancesheet produced last week.