Brazil's oil and natural gas output rose for the second time in three months in August as new output from giant offshore fields barely outpaced declines from the depletion of older areas and maintenance, oil industry watchdog ANP said this week.
President Dilma Rousseff nominated a senior army officer to fill one of the top roles in organizing the 2016 summer Olympic Games in Rio de Janeiro. Major General Fernando Azevedo e Silva’s appointment to head the Olympic Public Authority, which coordinates the work of state and local governments, has gone to Brazil’s senate to be ratified, the nation’s official gazette said.
Foreign Office Minister Hugo Swire formally opened on Wednesday the British Embassy in Asuncion, Paraguay which will be headed by Ambassador Jeremy Hobbs. Accompanied by Paraguayan Foreign Minister Eladio Loizaga, he hailed the opening a symbol of the UK’s continued engagement in Latin America.
A Brazilian federal judge on Tuesday dismissed a lawsuit against US oil company Chevron Corp after approving a negotiated settlement, a decision that closes a nearly two-year legal battle over an oil spill in November 2011.
Brazil’s state oil company Petrobras, which will mark its 60th anniversary on Thursday, has announced it will increase production by 50% in an effort to overcome the current situation. Nine production units now being installed will pump an additional one million barrels a day beginning next year said Petrobras CEO María das Graças Foster.
In a bid for transparency and reform, the Vatican bank openly published a financial report for the first time on Tuesday. But the report came amid new accounts of vague withdrawals and deposits made to and by the organization.
Pope Francis began landmark meetings this week to reform the Vatican, promising to do all he could to change the mentality of an institution he said was too focused on its own interests. Francis and eight cardinals from around the world are holding three days of closed-door meetings to discuss the Vatican's troubled administration and to map out possible changes in the worldwide Church.
Brazilian president Dilma Rousseff received her peer from Paraguay, Horacio Cartes with full head of state honours but at the same time reminded him that Paraguay is a full member of Mercosur and “bilateral relations are in the context of multilateral relations with all countries of the hemisphere”.
The partial shutdown of the US government showed no signs of ending quickly, as lawmakers stiffened their positions and sought to shift blame to the other side.
Argentine President Cristina Fernández has instructed Ambassador Cecilia Nahón in Washington to formally ask the White House and the State Department to include the AMIA case in their meeting agenda with Iran.