Argentine Economy Minister Axel Kicillof speaking from Moscow said ties between Buenos Aires and Russia were “a fact, not a wish” praising the bilateral “natural understanding” and “complementation”, achieved by the two partners in economic, energy and trade affairs.
Economic activity in Brazil fell sharply in April from March, worse than already negative market estimates and showing still more evidence the once-booming economy is heading toward a recession.
The United States House of Representatives approved a controversial trade bill backed by President Obama, just a week after Democrats voted it down. The bill gives the president the right to negotiate global trade deals, with Congress only able to approve or reject a deal but not change it.
The Earth has entered a new period of extinction, a study by three US universities has concluded, and humans could be among the first casualties. The report, led by the universities of Stanford, Princeton and Berkeley, said vertebrates were disappearing at a rate 114 times faster than normal.
Venezuela's ruling Socialist Party legislators reacted to a trip by Brazilian senators to visit jailed opponents of President Nicolas Maduro by describing it as abusive and meddling. The Brazilian delegation's visit on Thursday was cut short after their minibus was stoned by Maduro supporters and roads were blocked, forcing them to return to the airport and fly back the same day.
Brazilian police arrested on Friday Marcelo Odebrecht, the head of Latin America's largest engineering and construction company Odebrecht SA, ensnaring the most high-profile executive to date in the corruption investigation at state-run oil firm Petrobras.
Argentine Pope Francis called on Thursday for a radical transformation of politics, economics and individual lifestyles to confront environmental degradation and climate change, blending a biting critique of consumerism and irresponsible development with a plea for swift and unified global action.
The Obama administration and congressional Democrats welcomed Pope Francis' call for sweeping action against climate change Thursday, but the pontiff's message was swiftly dismissed by GOP lawmakers.
Members of the Argentina's congressional bicameral commission investigating HSBC alleged illegal scheme to help Argentines evade taxes and siphon money out of the country, met in Paris with a group of French legislators and with UBS whistleblower Stéphanie Gibaud.
Latin America posted a decrease in high-net-worth individuals (HNWI) as falling commodity prices affect the continent’s economies, especially Brazil which accounts for more than 50% of Latin America’s HNWI wealth.