Venezuela central bank gold holdings declined in value by 19% between January and May, according to its financial statements, likely reflecting gold swap operations and lower bullion prices. The country has been struggling with stagflation due to low oil prices and a collapsing state-led economic model, holds a considerable portion of its monetary reserves in gold.
Argentina's outgoing leader Cristina Fernandez gave an emotional campaign speech on Thursday in her first public address since a surprisingly weak performance by her handpicked candidate in the first-round presidential election on Sunday. Without mentioning allied candidate Daniel Scioli by name, the outgoing president implicitly backed him by calling for support for her progressive social policies to go on after she hands the presidency over to her successor in six weeks.
Humpback is the first well to encounter oil in the potentially larger systems in deeper waters off the southeast of the Falkland Islands; however the oil and gas across a number of reservoir targets in the well drilled to a depth of 5.136 meters, were in non-commercial quantities.
Tierra del Fuego governor Fabiana Ríos and members of the Malvinas Observatory met at Ushuaia government house to thank Ushuaia Bureau for the design and elaboration of the Malvinas Cause pamphlet which outlines the Argentine position in the Falklands Islands sovereignty claim and will be released later in the week.
Uruguayan President Tabaré Vázquez put his old profession as physician to use helping revive a young French allergic woman on a flight to Paris, according to a report on the Montevideo weekly Busqueda. The incident occurred last Monday.
The fight against tuberculosis is paying off, with this year’s death rate nearly half of what it was in 1990. Nevertheless, 1.5 million people died from TB in 2014. Most of these deaths could have been prevented, according to the World Health Organization’s Global Tuberculosis Report 2015, which was released on Wednesday in Washington, DC.
The US Federal Reserve kept interest rates unchanged on Wednesday, but downplayed global economic headwinds and left the door open to tightening monetary policy at its next meeting in December.
The first public opinion poll released since Argentina's Sunday presidential election and ahead of the 22 November runoff indicates that the opposition candidate Mauricio Macri is a few points ahead of incumbent Daniel Scioli in a tight race but still with a large percentage who remain undecided.
Describing Brazil as a valued partner of Britain, and champion on climate change and tackling deforestation, Minister of State for Latin America, Hugo Swire, attended on Wednesday the Amazon Day 2015 at the Brazilian embassy where he also met with ministers Texeira, Levy and Coutinho who are in London for the first UK-Brazil economic and financial dialogue round.
Argentina on Tuesday halved the daily amount of dollars companies can transfer abroad without authorization, currency traders said, while the country's insurance regulator put new limits on the amount of hard currency assets insurers can hold.