Brazil´s main opposition party plans to pursue a criminal complaint against President Dilma Rousseff for 'inventive' accounting that helped shore up the country´s fiscal results in recent years.
Federal Reserve Chair Janet Yellen made it clear on Friday that the central bank was poised to raise interest rates this year, as the US economy was set to bounce back from an early-year slump and as headwinds at home and abroad waned. The announcement was made in a speech to a business group in Rhode Island.
Argentine presidential hopefuls Daniel Scioli, Mauricio Macri and Sergio Massa are willing to face off in a public debate, a leader from the local Catholic Church confirmed in Buenos Aires. Argentina is holding presidential elections next October when Cristina Fernandez two consecutive periods come to an end.
China and Peru have agreed to study the feasibility of a controversial 5,300 km transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported.
British Overseas Territory St Helena only link with the outside world, currently by sea, will be coming to an end in May 2016, when the proposed official opening of the airport which is being built by South African contractors, will be taking place, according to the 12 May meeting of the island's Executive Council.
Brazil finally announced its much expected budget resources reshuffle that will freeze 69.9 billion Reais (22.58 billion dollars) worth of spending on investment, education and health programs this year, limiting outlays in a bid to convince investors that President Dilma Rousseff is committed to saving the country's investment-grade rating.
The soy market in Argentina's pivotal grains hub was virtually paralyzed for the fifth day on Friday as most exporters refrained from purchases in a bid to pressure the government to resolve a nearly three-week long strike among crushing workers.
A strong El Niño is likely to increase prices of staple foods such as rice, coffee, sugar and cocoa, say scientists. Forecasters agree that the El Niño effect, which can drive droughts and flooding, is under way in the tropical Pacific, but they say it is too early to say how severe it will be.
Chinese Premier Li Keqiang vowed to deepen economic ties with Colombia after arriving to Bogotá on Thursday, as part of his four-nation South American tour aimed at boosting trade and investment. Li is the highest-ranking Chinese official to visit Colombia since the two nations established diplomatic ties 35 years ago and his visit was hailed as historic by President Juan Manuel Santos.
Following reports of suspected Zika virus in Brazil, the health ministries of several Caribbean countries have issued advisories for the mosquito borne viral disease.On Thursday, the Jamaica Health Ministry issued an epidemiological alert after the Pan American Health Organization (PAHO) noted the potential spread of this arbovirus across territories where the vectors (Aedes) are present.