Brazilian prosecutors have formally charged the treasurer of the ruling Workers' Party and 26 others with corruption linked to state-run Petrobras, in the latest blow to President Dilma Rousseff from the widening scandal.
Argentine president Cristina Fernandez, on the campaign trail ahead of October’s national elections, announced on Monday the creation of a new fund which will reduce by up to 50% the 'retention' taxes on exportation rights paid by small and medium agriculture farmers.
Britain's Prince Harry announced on Monday that he will leave the armed forces after a decade of service that included two tours of duty in Afghanistan. Queen Elizabeth's 30-year-old grandson, the fourth-in-line to the throne, said he would quit the military in June following a four-week secondment with the Australian Defense Force.
New York district judge Thomas Griesa has declined a request from the Citigroup bank to allow the entity to process the payment of Argentine bonds under local law while an appeal against the magistrate's negative ruling is being prepared.
Brazilian police arrested a former Petrobras executive on Monday, in a broad kickback and money laundering investigation that has rattled some of the nation's biggest companies and political parties.
An influential Mexican broadcast journalist whose report about the first lady's mansion caused a scandal was sacked on Sunday, sparking anger among supporters who called her firing an affront to freedom of speech. Carmen Aristegui had been publicly feuding with her employer, MVS Radio, in recent days after two of her investigative reporters were fired by the company.
Over one million demonstrators marched in cities and towns across Brazil to protest a sluggish economy, rising prices and corruption, and some even calling for the impeachment of populist President Dilma Rousseff. The marches on Sunday come as Brazil struggles to overcome economic and political malaise and pick up the pieces of a boom that crumbled once Rousseff took office in 2011.
Venezuela's parliament has granted President Nicolas Maduro decree powers for the rest of 2015 in a move he says is to defend the country from US meddling but opponents decry as evidence of autocracy. In a noisy National Assembly session, ruling Socialist Party legislators, who have a majority, applauded the Enabling Law as a legitimate response to a US declaration that Venezuela is a security threat and sanctions on seven officials.
Israeli newspaper Haaretz has published an article questioning the criminal accusation filed by late AMIA prosecutor Alberto Nisman against Argentine President Cristina Fernández and Foreign minister Hector Timerman, while asserting that the official's handling of the case was far from exemplary.
The US has expressed concern over the UK's bid to become a founding member of a Chinese-backed development bank. The UK is the first big Western economy to apply for membership of the Asian Infrastructure Investment Bank (AIIB) despite the fact that US has raised questions over the bank's commitment to international standards on governance.