President Dilma Rousseff said on Friday that her cash-strapped government could consider tapping into Brazil's sizeable foreign reserves at a given moment, an idea that troubles investors already worried about the country's economic decline.
Argentine President Mauricio Macri's popularity is at about 65% two months after he narrowly won office and carried out a raft of fiscal and financial measures, including a controlled currency devaluation as part of his plan to revive Latin America's third largest economy, two polls showed.
Even as the number of new cases of dengue fever continued to rise in Argentina, the Health Ministry performed a rapid about-face and disavowed a statement made on Wednesday that the outbreak constituted “an epidemic.”
By Jorge Familiar (*) - One out of every five Latin Americans between the ages of 15 and 24 wakes up every morning with no school to attend or paid job to do. Bogged down by economic constraints, early pregnancy, violence or low expectations, they are the so-called “ninis” — ni estudia, ni trabaja (neither studying nor working) — and they are more than 20 million strong.
Mauricio Macri expects to meet with Barack Obama at the end of next March when the Argentine president attends in Washington the summit on Nuclear Security of which Argentina is a member. The event takes place between 31 March and first April, and if the meeting effectively takes place, it would mean the return of the formal dialogue between the two countries, rather frozen under his predecessor Cristina Fernandez.
Argentine foreign minister Susana Malcorra was also very busy while in Davos, holding a raft of meetings including with US Secretary John Kerry, who at the end of talks twitted, great discussion on range of topics w FM @SusanaMalcorra. #Argentina remains important friend & partner in region.
President François Hollande will be visiting Argentina next month, the country’s prime minister, Manuel Valls, confirmed to President Mauricio Macri in Davos, where the two leaders discussed the remaining details of the trip that will include stops in Uruguay, Peru and Argentina.
The head of the International Monetary Fund, Christine Lagarde, has confirmed she will stand for a second term. Ms Lagarde threw her hat into the ring during an appearance on French television.