Britain’s Queen Elizabeth II will meet with Pope Francis at a private audience in the Vatican on Thursday afternoon. The Queen, who’ll be accompanied by her husband, Prince Philip, Duke of Edinburgh, will also have a private encounter with Italian President Giorgio Napolitano during the one day visit to Rome.
Former Argentine president Carlos Menem and his former economy minister Domingo Cavallo were both formally indicted for embezzlement over the sale of the Rural Society property in the Buenos Aires high income Palermo neighborhood in 1991 at a price the court yesterday described as “vile.”
Argentina’s nationalized oil and gas producer, YPF, sold 1 billion dollars in a bond sale on Tuesday, the company said in a statement. The 10-year bonds will pay 8.75% interest and were five times oversubscribed, YPF said. The U.S. dollar-denominated securities were issued under Argentine law and was considered a great success by the company.
Brazil's central bank raised its benchmark Selic rate to 11% from 10.75% on Wednesday, prolonging its tightening cycle after a surge in food prices that has stoked already high inflation in an election year. The bank's decision was unanimous and left the door open for possible further rate hikes.
Argentina's security secretary said on Wednesday that those who take justice into their own hands are murderers, referring to recent cases of lynching of suspected criminals, and which has caused a serious controversy among politicians and members of the Judiciary branch.
Venezuela: A Call for Peace - By Nicolás Maduro, President of Venezuela - The recent protests in Venezuela have made international headlines. Much of the foreign media coverage has distorted the reality of my country and the facts surrounding the events.
A powerful 7.8-magnitude aftershock hit Chile's far-northern coast on Wednwsday, shaking the same area where a magnitude-8.2 earthquake hit just a day before causing some damage and six deaths.