Venezuela's president, Nicolas Maduro, announced that he will attend the Summit of the Americas “at all costs” to bring “the truth of the country” at a press conference at the presidential palace in Caracas despite the Peruvian government reported that his presence would not be welcome in the Andean country.
Argentina’s central bank held its benchmark seven-day interbank lending rate at 27.25% on Wednesday, the monetary authority said in a statement, amid an increase in inflation expectations and “mixed signals” in prices so far this year.
For the first time in seven years, the Euro-zone's economy grew quicker than the UK's last year, according to data from Eurostat released on Wednesday. The preliminary growth estimates for the final quarter of 2017 showed the bloc of Euro nations growing at a combined 2.7% over the course of the year, having expanded 0.6% in the final quarter alone.
Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher borrowing rates that could slow economic growth. The latest source of concern was a report on Wednesday that showed a key measure of inflation rising in January by the sharpest rate in a year. The increase was led by higher prices for clothing, housing and auto insurance.
Police said a former student opened fire at a Florida high school on Wednesday, killing at least 17 people and sending scores of students fleeing into the streets in the nation's deadliest school shooting since a gunman attacked an elementary school in Newtown, Conn. The shooter, who was equipped with a gas mask and smoke grenades, set off a fire alarm to draw students out of their classrooms shortly before the school day ended, officials said.
The United States Travel Advisory for Uruguay offered a not very encouraging description of the country for foreign visitors but anyhow is well distanced from most of the rest of Latin American, and neighbors.