Brazilians have become more dissatisfied with the way President Michel Temer is running their country, a new poll says, as his policy of fiscal discipline continues to generate more public discontent.
The corruption-related arrest of a former top Brazilian lawmaker on Wednesday threatens to revive political turmoil and snap the momentum of a government economic reform campaign. Eduardo Cunha was taken into police custody Wednesday on accusations of corruption and money laundering related to oil platform contracts with state-controlled Petrobras. He denies the accusations.
The Argentine ministry of Defense has confirmed that the Navy was involved in military exercises in the high seas last February including firing an upgraded version of MM38 Exocet missiles and trials with a refurbished torpedo from a submarine, reports the Buenos Aires media.
The Junta de Andalucia has distanced itself from Spanish foreign minister Jose Manuel García Margallo’s joint sovereignty proposal for Gibraltar. Miguel Angel Vasquez says now is not the time to use inflammatory rhetoric or to talk about joint sovereignty.
Dressed in black, Argentine women took to the streets to protest the brutal rape and murder of a 16-year-old girl, the latest incident of gender violence to shock the country. Others walked off the job as a sign of protest, in what was described as women's first national strike. Similar demonstrations took place in solidarity in many Latin American cities from Montevideo to Mexico City.
While in the rest of the world, budget shortfalls and downplayed soaring deficits are the norm, a lively discussion ensued at this week’s Falkland Islands Standing Finance Committee when MLA Michael Poole suggested the forecasting process needed revising when most years a deficit was forecast, but then resulted in a surplus.
A delegation from the UK embassy in Chile and a member from the Falklands Legislative Assembly met in Punta Arenas with the Magallanes region finance minister Christian Garcia to increase science and education cooperation links and promote people and economic exchanges. Many Chileans mainly from Punta Arenas have jobs in the Falklands.
Spain's Acting Foreign Minister says free movement across the Gibraltar frontier will automatically end unless Gibraltarians accept joint sovereignty proposal with Spain. Jose Manuel Garcia Margallo was answering a question by Gibraltar Broadcasting Corporation at a press conference after he met with Andalusia politicians in Algeciras, including the mayors of Algeciras and La Linea. From Seville Gibraltar Chief Minister Fabian Picardo said no democratic nation would get away closing a frontier.
Argentina's main state-run bank said it lowered its headline interest rates for loans to businesses on Monday amid expectations that inflation will begin to slow in Latin America's third-largest economy, a move that will help put credit back within firms' reach. Banco Nacion, the country's largest financial institution and which also acts as a development bank, set its annual nominal reference rate for business loans at 27%, down from 32%.
Argentine foreign minister Susana Malcorra said that the recent diplomatic row with the UK over military exercises in the Falkland Islands shows that the consequences of the war persist and reiterated her disappointment with London for not giving the Argentine government any previous warning.