Economic activity in Argentina fell 4.0% in October versus the same month last year, the government said on Thursday, marking the seventh straight month of declines as the country grapples with recession and high inflation.
An Arab ministerial delegation plans to travel to Brazil in January to convince the incoming Brazilian president, Jair Bolsonaro, not to relocate his country’s embassy from Tel Aviv to Jerusalem, an official Palestinian source said on Thursday. Bolsonaro announced in November that he intends to relocate the Brazilian Embassy in Israel to Jerusalem.
Israel’s Prime Minister Benjamin Netanyahu has left on a historic six-day trip to Brazil, the first ever visit the largest Latin American country made by a sitting premier of the Jewish state. Besides boosting diplomatic and economic ties between the two countries, Netanyahu is scheduled to hold a one-to-one meeting with president-elect Jair Bolsonaro this Friday in Rio de Janeiro.
The Argentine government announced on Thursday new increases in public transport rates, some 40% on average that will apply from next January to travel by bus, train and metro.
Oil prices jumped as much as 3% on Friday to win back a chunk of the ground they lost in the previous session, but growth in U.S. crude stockpiles and ongoing concerns about the global economy kept markets under pressure.
Parliament must be given a veto over any trade deals the UK signs after Brexit, a committee of MPs has urged. Ministers hope to begin negotiating deals with key partners once the UK leaves the EU in March and start implementing them from 2021 onwards.
Sir David Attenborough says he still has “hope” for the future of the planet. But the Blue Planet and Dynasties narrator says that human beings have to turn their gaze away from themselves.
Pakistan has officially requested to resume negotiations with Mercosur for a free trade agreement, with discussions expected to begin in early 2019. Islamabad believes it is an opportunity to bridge the trade deficit with countries of the South American bloc.
The number of slums in Chile, one of Latin America’s most prosperous and stable economies, has nearly doubled since 2011, the government said, as an influx of migrants increasingly faces a lack of low-income housing and rising rents.
The alert level for Indonesia's Anak Krakatau volcano has been raised to the second-highest level possible, after a series of eruptions, while all flights around the volcano have been rerouted and a 5km (three-mile) exclusion zone has also been imposed.