Brazilian industrial output was down 2% in July from June this year. The information was released this Tuesday in the Monthly Industrial Survey by the Brazilian Institute of Geography and Statistics IBGE.
Brazil’s twelve-month inflation ended August at its lowest level this year, according to a central bank survey of fourteen economists. This means the 12-month IPCA consumer-price index is likely to weigh in at 6.10% for August, down from 6.27% at the end of July.
Uruguay’s inflation in August kept climbing and reached 1.04%, totalling 6.74% in the first eight months of the year and 8.86% in the last twelve months, which is well above the Central bank target of 4% to 6%, according to the latest report from the local Statistics Office, INE.
Colombia's peace talks with Marxist FARC rebels have reached a critical stage, with discussions over the next couple of months a key gauge of whether an end to five decades of war is likely or not, government negotiator Sergio Jaramillo said on Tuesday.
Deputy Chairman of the Argentine Industrial Union (UIA) Cristiano Ratazzi said that President Cristina Fernández “should leave office once her term ends” because those are the rules of democracy, otherwise it is ‘Chavism’.
Argentine President Cristina Fernández left on Tuesday for Russia to attend the G20 summit to begin next Thursday at the Constantine Palace in Saint Petersburg. The president flew on her office’s Tango 01 to Morocco where she changed aircraft to avoid any possible injunction from hedge funds on the presidential transport.
President Nicolas Maduro blamed Venezuela’s right-wing opposition for what he called “sabotage” and an ‘electrical coup’ that he said caused blackouts that plunged much of the country into chaos.
Spanish Foreign minister Jose Manuel Garcia-Margallo addressing parliament on Tuesday described the current diplomatic conflict with the UK as an ‘important fire’ and blamed it on three apparently minor incidents: Gibraltar authorities having dropped the agreement with Spanish fishermen a year ago; the recent dumping of cement blocks in the bay of Algeciras (Gibraltar) and the construction of a new reef.
The Colombian ministerial cabinet presented on Monday a protocol resignation to President Juan Manuel Santos so that the leader can make the necessary changes as his administration prepares for the last year of his mandate, according to Palacio Nariño sources.
The head of the Colombian negotiation team Humberto de la Calle cautioned on Monday that in case a definitive agreement is reached with the FARC rebel forces, (Colombian Revolutionary Armed Forces), peace could reach ten years after the ratification of the accord.