For a third year in a row the United States will be the top wheat supplier for Brazil, displacing Argentina from its historic position, according to the latest release from Brazilian consultancy Trigo & Farinhas. This piece of information is significant given the world prices for grains and wheat planting prospects in South America.
Brazil's securities industry regulator accused the former board of state-run oil producer Petrobras of setting a fuel pricing policy that misguided investors and hurt the company.
The Organization of American States has started the deployment of the Electoral Observation Mission of the Organization of American States to the general and regional elections scheduled iin Guyana for Sunday May 11. This is the fifth time the OAS has observed elections in Guyana, following Missions in 1997, 2001, 2006 and 2011.
Uruguay's foreign minister Rodolfo Nin Novoa called on Mercosur to overcome hollow rhetoric and advance towards the elimination of barriers which restrict access to other markets and intra-region trade.
Pope Francis and Cuban President Raul Castro will meet privately on Sunday at the Vatican, a spokesman said, four months before the pontiff's trip to the Caribbean island, his first as leader of the Catholic Church.
In another chapter of the ongoing dispute between Argentine president Cristina Fernández and a non-submissive Judiciary, the country's Supreme Court issued a statement on Tuesday ratifying Ricardo Lorenzetti as Chief Justice for three more years starting in 2016, following versions that he was pushing to leave the SC on yet unclear moral fatigue grounds.
The US Treasury Department has approved licenses for passenger ferry service between the United States and Cuba, a Treasury Department official announced. One of the licenses was issued to Baja Ferries, part of a major shipping group with passengers and cargo operations, including on Mexico's west coast, according to a lawyer who handled the license application.
Chinese President Xi Jinping met with the chairman of Taiwan's ruling Nationalist Party (KMT) in Beijing on Monday for the highest-level meeting between the two sides since 2009.
Paraguay's foreign affairs minister Eladio Loizaga admitted in Madrid that Mercosur could consider the possibility of a two-speed system in trade and cooperation negotiations with the European Union. The minister was the main speaker at the event organized by Casa de America and the Spanish government news agency EFE.
Bilateral trade between Mercosur main partners Argentina and Brazil, has stalled at an annual 30bn dollars during the last six years (2008/2014), with no prospects of a recovery during 2015, according to Finsoport consultants from Buenos Aires.