A member of Brazilian president Dilma Rousseff’s inner circle who masterminded her two successful election campaigns, Joao Santana is accused by prosecutors of receiving payment for his services in money illegally siphoned from state oil company Petrobras.
The United States economy grew at a faster pace than previously thought in the fourth quarter of 2015, according to the latest official figures. Growth was an annualized 1% in the quarter, compared with an initial estimate of 0.7%.
Uruguay, now with the support from Argentina, is very much interested in advancing with the cooperation and trade agreement between Mercosur and the European Union, and is planning for president Tabare Vazquez to attend a Brussels meeting with EU officials to emphasize the matter.
Venezuela has paid $1.54 billion in principal and interest owed to international bondholders, the Banking and Finance Ministry said Saturday. President Nicolas Maduro's administration once again manifests its willingness and capacity to honor its financial commitments in a timely manner, demonstrating its solvency in international markets, the ministry said of Friday's payment.
Oil exploration efforts have intensified following the discovery of commercial quantities of oil in Guyana’s Maritime Zone. Esso Exploration and Production Guyana Ltd. (EEPGL) has commenced a meteorological and oceanographic survey in the Stabroek Block, scheduled to be completed during May 2018.
The former Bank of England boss has warned in a new book that another financial crisis is certain, and may come sooner rather than later. Mervyn King, who stood down in 2013, says reform of monetary and banking systems may help prevent the crisis.
China pulled off a defensive win at the Shanghai Group of 20 (G20) meeting of global finance leaders after months of angst abroad over its economic and policy direction. For starters, there was no specific concern over China in the communiqué released late Saturday.
Argentina received support for its economic reforms from the United States, China and Europe during the Finance ministers meeting held in Shanghai over the weekend in anticipation of the G20 heads of state and government summit next June, according to a release from the Argentine Finance ministry.
It was a 'good, enriching' meeting, a private conversation between the Holy Father and the president which covered all the areas we expected to cover, was how the Argentine foreign minister described Saturday's 22 minutes meeting between Francis and visiting President Mauricio Macri.
The long-awaited meeting between Argentine President Mauricio Macri and Pope Francis ended up being a frosty encounter that lasted a mere 22 minutes. The Vatican officially described the sit-down as “cordial,” and Macri told reporters that the pontiff asked him to fight corruption, poverty and drug-trafficking in the country.