The Republican Party has taken control of the Senate in the US mid-term elections, increasing their power in the final years of President Barack Obama's presidency. After gains in Arkansas, Montana, South Dakota, West Virginia and Colorado, North Carolina clinched victory. Kentucky's Mitch McConnell will become the Senate majority leader.
Chile’s Finance Ministry Alberto Arenas, and the World Bank Group (WBG), represented by its Vice President for Latin America and the Caribbean, Jorge Familiar, signed a cooperation agreement to establish in Chile the first Research and Development Center in Latin America, and the second outside Washington, DC.
The US Department of State has backed the appointment of Nancy Soderberg as Chair of the Public Interest Declassification Board (PIDB), saying her “responsibilities” as public servant are “not linked” with Argentina’s dispute with the holdouts, Argentina's Telam news agency reported.
Mercosur and the Pacific Alliance are not contradictory competing blocks, and can advance towards a mutually beneficial convergence, said Chile's Economy minister Luis Felipe Cespedes during a trade and investment promotion seminar in Brazil.
Argentina on Monday asked the Second Circuit Court of Appeals to overturn a federal judge’s finding that it is in contempt of court for taking steps to evade his orders that bondholders who agreed to debt restructurings can only be paid if holdout hedge funds are also compensated.
Scottish Minister for Environment and Climate Change Paul Wheelhouse visited Puerto Montt and Santiago to strengthen links with Chile on fisheries and climate change. Chile and Scotland have two of the largest global aquaculture industries.
Brazil ran a trade deficit of 1.17 billion last month, the largest shortfall for October in 16 years, the government said on Monday. Imports totaled 19.5bn, while exports amounted to 18.3bn, the Ministry of Development, Industry and Foreign Trade said in a report.
Argentina's financial daily, El Cronista Comercial has published two articles on the Falkland Islands based on data from the 2014 Statistical Yearbook stating that the Islands enjoy a GDP per capita several times higher than Argentina and that the economy has been expanding at 11% annually since 2008.
Brazilian banker Luiz Carlos Trabuco Cappi, president of Bradesco, turned down an invitation from president Dilma Rousseff to occupy the Finance ministry as of next January first. According to the Sao Paulo financial publication Valor, there was no insistence on the issue from political sources.
Argentine Ambassador Alicia Castro was invited by Manchester City Football Club for the game played on Sunday with the City's traditional rival, Manchester United.