Argentina's Finance Minister Alfonso Prat Gay said on Thursday that the first day in the market without the dollar restrictions imposed by the previous administration, had been positive and as they had planned or expected. Compared to the previous multi-tier system, the dollar appreciated in the range of 25% against the Peso in the unified market.
In a Christmas message to Falkland Islanders, UK Prime Minister David Cameron is hopeful that the election of a new Argentine president “will allow us to move towards a more mature relationship”.
Argentina's Security minister Patricia Bullrich together with her provincial peers and security forces unanimously voted to decree a “national security emergency” with the purpose of combating the drugs trade and strengthening border areas.
Brazil's Supreme Court gave a relief to embattled President Dilma Rousseff two victories on Thursday in rulings that improve her chances of blocking an impeachment bid by opponents seeking to oust the unpopular leader.
Russian President Vladimir Putin on Thursday described US Republican presidential hopeful Donald Trump as talented and outstanding, welcoming his stance on Russia.
The day after a Brazilian judge ordered the suspension of the Whatsapp cell-phone chat and voice service for 48 hours, cutting off millions of users from one of the country’s most popular communication services, another judge overturned the ban.
United States and Cuba have reached a deal to allow as many as 110 regular airline flights a day, allowing a surge of American travel to Cuba that could eventually flood the island with hundreds of thousands more U.S. visitors a year, officials said Thursday on the anniversary of detente between the foes.
Brazil’s Congress on Thursday approved a 2016 budget with surplus targets lower than what Finance Minister Joaquim Levy wanted, a day after the country lost an investment-grade credit rating on concerns about fiscal restraint.
Latin American and Caribbean economies will contract 0.4% on average in 2015 and will grow just 0.2% next year, as a result of the complex external scenario, according to new projections unveiled on Thursday by the UN Latin America and Caribbean Economic commission, ECLAC. Estimates for next year are that Central America will expand 4.6% while South America will again contract 0.8%.
Brazil accumulated a trade surplus of US$15.8 billion between January and the second week of December, its biggest for that period since posting a US$17.15 billion trade surplus for the first 11 months of 2012, according to Development, Industry and Foreign Trade Ministry figures.