Brazil is well prepared to cope with any market volatility resulting from a U.S. interest rate rise, Finance Minister Joaquim Levy said on Monday. The minister told a meeting in Madrid that Brazil's banks were well capitalized and the country has large foreign exchange reserves.
The US Federal Reserve must be certain that the job market and inflation are strong enough to justify raising interest rates, IMF managing director Christine Lagarde said after a G20 meeting focused on the pressure the increase might place on the global economy.
European Union agriculture ministers have announced a €500m aid package after thousands of farmers protested on the streets of Brussels. The mainly Belgian, French and German farmers were protesting against plummeting prices for their produce.
Venezuelan President Nicolas Maduro has pledged to build a comprehensive plan for PetroCaribe, in the next ten years, spanning 2015-2025.
Queen Elizabeth II will on Wednesday pass the landmark for longest-reigning monarch set by Queen Victoria. Here are some figures about her reign, which has lasted more than 63 years:
Brazilian Independence Day celebrations were marked Monday by the extra security surrounding President Dilma Rousseff during the ceremonies in Brasilia. Rousseff, in the official Rolls Royce with the top down and wearing the presidential ribbon, led the military parade for 2 kilometers before taking part in the program of events prepared by the armed forces.
A comedian who played a simpleton cowboy who almost became president emerged Monday as the man to beat in Guatemala's presidential race amid disgust over a corruption scandal that felled the outgoing incumbent.