An Argentine court on Wednesday asked six former presidents to testify in the investigation into the 1995 death of the son of ex-president Carlos Menem. The court requested the testimony of Fernando de la Rúa, Ramón Puerta, Adolfo Rodríguez Saá, Eduardo Camaño, Eduardo Duhalde and Cristina Fernández. All followed Menem as presidents after his 1989-1999 rule.
The foreign minister for Brazil's new government following the suspension of president Dilma Rousseff said that Brasilia will now pursue economic interests over ideological goals. Jose Serra, nominated by acting president Michel Temer in the wake of Rousseff's suspension for an impeachment trial, signaled that Brazil would no longer be part of the loose left/leaning alliance that exists across several Latin American countries.
Former Brazilian energy minister Pedro Parente has been named by acting President Michel Temer as the new CEO of state-run oil giant Petrobras. Parente was picked Thursday to replace Aldemir Bendine, an appointee of now suspended President Dilma Rousseff. The new Petrobras CEO was working as chairman of Sao Paulo-based financial bourse BM&FBovespa.
Acting President Michel Temer promised on Thursday that he will at some point have women in his currently all white-male Cabinet. Federal lawmaker Josi Nunes told journalists in Brasilia that Temer pledged at a meeting with congresswomen that he would be bringing females into his government a little further ahead.
Indian drug companies could recoup some of the financial losses incurred as Venezuela struggles to make foreign-currency payments and the value of its currency plummets--by participating in a barter plan that would swap medicines for crude oil.
Donald Trump has pulled ahead of Hillary Clinton in two new polls, as Republicans begin to coalesce around him while Bernie Sanders keeps hammering fellow Democrat Clinton. The real-estate tycoon leads the former secretary of state, 42% to 37%, in a general-election presidential match-up, according to a Rasmussen poll released Thursday.
Argentine president Mauricio Macri is expected to veto a controversial labor bill which was approved early Thursday after a marathon session in the Lower House of Congress. The bill passed with 147 votes in favor, 3 votes against it and 88 abstentions includes the declaration of the employment emergency during 180 days and a double compensation in the event of layoffs, for a period of six months.
Argentina on Thursday sought to reassure China that bilateral cooperation remained a priority for its new government amid growing concerns over political changes in the South American country. After a meeting with her Chinese counterpart Wang Yi, Argentine Foreign Minister Susana Malcorra said investment projects with China would go ahead.
Brazils Supreme Tribunal (STF) Justice Rosa Weber has given suspended president Dilma Rousseff ten days to explain her repeated statements that the impeachment process started against her is a “coup”. Rousseff is not obliged to respond. The STF decision follows a request from a group of lawmakers via the House's prosecution office.
Brazil's fiscal deficit prior to debt interest payments could reach 150 billion Reais (US$42.10 billion) this year as revenues collapse amid a crippling recession economy, Finance Minister Henrique Meirelles warned on Wednesday. The deficit includes eventual losses from state electricity holding Eletrobras.