King Felipe VI is concerned with Spain's political paralysis, a lawmaker who met him said as the monarch began a fourth round of talks with party representatives to try and agree on a government. Spain has been without a fully-functioning government for seven months after December elections failed to give any party an absolute parliamentary majority.
The United States Federal Reserve on Thursday left key interest rates untouched but acknowledged improved economic performance, suggesting a rate increase may be on the horizon in 2016.
Despite objections from Brazil and Paraguay, Uruguay next Saturday 30 July will transfer to Venezuela the rotating chair of Mercosur for the second half of the year, as indicated in the “group's rules and regulations”.
Pedro Pablo Kuczynski takes office as Peru's presidency this Thursday with a Cabinet that shares his Ivy League, pro-business pedigree — a reliance on technocrats that could become a liability as he deals with an unfriendly congress, a resurgent left and environment aware peasants and indigenous peoples living on rich natural resources.
The recently appointed UK Foreign Office Permanent Under Secretary and Head of the Diplomatic Service Sir Simon McDonald was received this week at the Argentine foreign ministry where he met with Deputy minister Carlos Foradori, and one of the several issues addressed was the forensic actions to help identify Argentine combatants buried at the Darwin cemetery, according to a release from Palacio San Martin.
Argentina and Brazil commemorated on 18 July the 25th anniversary of the creation of the Brazilian-Argentine Agency for Accounting and Control of Nuclear Material, ABACC, which was the result of the nuclear energy exclusive peaceful use accord, signed by then presidents Carlos Menem and Fernando Collor, in Guadalajara, Mexico.
Brazil's suspended president Dilma Rousseff and her predecessor and left-wing ally Lula da Silva will boycott the opening ceremony at the Rio Olympics, officials have said. Their absence at the 5 August ceremony highlights the political crisis in Brazil, with Rousseff facing possible removal from office in an impeachment trial shortly after the Games end.
Brazil's interim President Michel Temer vetoed on Tuesday an article in a new law, which would allow foreign investors to take 100% ownership of Brazilian airlines, according to the official Gazette. The article is part of a law seeking to modify areas of the aviation sector, mainly in order to allow the state-owned airport infrastructure firm, Infraero, to restructure its debts.
Hillary Clinton triumphantly captured the Democratic nomination for president of the United States on Tuesday night, the first woman ever to lead a major political party into the general election.
Brazil's Finance Minister Henrique Meirelles has warned that if Congress does not approve a ceiling for public spending, the country will have chosen a most cumbersome path with new rounds of tax increases and higher interest rates which will further delay sustainable growth.