Argentina’s peso currency fell 1.42% to a record low close of 30.92 per dollar on Friday, weighed down by an economy slipping into recession, high inflation and uncertainty driven by corruption investigations.
During the conference entitled The democratic challenge to the autocracies of the 21st century in Latin America, organized by the Center for the Opening and Development of Latin America (CADAL) on Tuesday at the Senate of Uruguay, the Government of Venezuela was described as a dictatorship and it was exhorted that the democratic governments of the region, especially the Uruguayan government, not be indifferent or accomplices against today’s Latin America’s autocratic governments.
The Ministry of the Interior of Peru has announced that as of the dawn of next Saturday, August 25, Venezuelans will be required to present their passport to be admitted to the country. This measure coincides with that taken by Ecuador this week when it reached record figures in the entry of Venezuelan citizens in that country. The National Superintendency of Migrations of Peru recorded last Saturday the largest number of Venezuelan citizens who entered the country in a single day: more than 5,100.
Colombia’s youngest elected president was sworn in to office on Tuesday, promising to “make corrections” to a peace deal with leftist rebels that has divided the country and to crack down on lingering armed groups still roaming the countryside.
Ivan Duque, who will be sworn in as Colombia’s president on Tuesday, is poised to become an unusually strong ally for the Trump administration after he made a project of cultivating ties with the White House and spotlighting shared views on drug control, counterterrorism and the unfolding political and economic crisis in next-door Venezuela.
Former Colombian President Alvaro Uribe, accused of witness tampering and bribery, asked the Senate to ignore his resignation letter so that his case remains with the Supreme Court. Uribe, who was in office from 2002 to 2010 and mounted a military offensive against Marxist guerrillas, said on Monday he would resign his seat in the Senate to concentrate on his defense after the Supreme Court called on him to testify.
Nicolas Maduro's days as president of crisis-ravaged Venezuela are numbered, his outgoing Colombian counterpart Juan Manuel Santos told the French government news agency.“I can see it happening in the near future,” said Santos, pointing to the International Monetary Fund's latest projection that Venezuela's inflation will hit one million percent this year.
According to a financial intelligence panel that met Friday in Cartagena, Colombia; in Venezuela, Maduro's government uses food and humanitarian aid as a weapon for social control.
FIFA says it strongly rebukes comments made by its ambassador Diego Maradona criticising American referee Mark Geiger's handling of England's win against Colombia in the World Cup round of 16 on Tuesday. It's the third controversy involving the Argentina great at the World Cup, which he has mostly attended as a VIP guest of FIFA.
Ecuador's highest court has ordered former President Rafael Correa included in an investigation into a 2012 botched kidnapping of an opposition lawmaker. The judge in charge of the case gave Correa a month to clear his name.