Brazil's opposition filed a new impeachment petition against President Dilma Rousseff on Wednesday, accusing her of illegal accounting practices. The much-anticipated petition, whose authors include a founder of Rousseff's Workers' Party, was handed over to congressional lower house speaker Eduardo Cunha.
Brazil's central bank kept interest rates on hold on Wednesday, for a second straight month despite a jump in inflation expectations. The decision not to raise rates will give a breather to President Dilma Rousseff, who is fighting for her political survival amid the country's worst economic and political crisis in 25 years.
Russia and Mexico – non-OPEC countries, which have been invited to participate Venezuela-proposed meeting this week – have no intention to cut oil production, International Oil Daily reported.
Malvinas war veterans will march next Friday in downtown Buenos Aires up to the British Embassy to demand that DNA tests of the remains in 123 unidentified graves at the Argentine memorial cemetery in the Falkland Islands be allowed to commence.
Argentine president Cristina Fernandez and Russia's Vladimir Putin exchanged praise and compliments during a videoconference on Wednesday marking the 130th anniversary of the establishment of diplomatic relations between both nations.
Falkland Islands demining and ground clearance operations which this season took off in September are advancing rapidly and controlled explosions of ordnance has been announced for later this week. Thousands of antipersonnel and anti tank mines in marked perimeters remain the Falklands, a legacy of the retreating Argentine forces which invaded the Islands 33 years ago in 1982.
China's leader Xi Jinping is expected to put the seal on its contribution to what will be the first United Kingdom nuclear power plant to be built in a generation. The plant could be opened by 2025 at Hinkley Point, in Somerset, with China likely to cover about 30% of the cost.
Canadian Prime Minister-designate Justin Trudeau has confirmed he will withdraw Canadian fighter jets from the air strikes against Islamic State (IS) in Iraq and Syria. He informed US President Barack Obama of his decision hours after leading his Liberal party to victory in the polls.
An environment economist graduated in York University could be Argentina's next Economy minister, if the incumbent candidate Daniel Scioli is finally elected next Sunday, or in a runoff a month later. Silvina Batakis, 'the Greek' is currently governor Scioli's economy minister in the province of Buenos Aires and was confirmed for that post this week.
Once Mercosur and the European Union conclude their exchange of goods and tariff reduction proposals for the long awaited trade agreement, contents of the deal will be kept in reserve while negotiations are ongoing, with no access to media or public opinion, anticipated Paraguayan foreign minister Eladio Loizaga.