It seemed sure that, starting January 10, Venezuela would experience high uncertainty. Nicolás Maduro swore in the presidency for the 2019-2015 government period in front of the Supreme Court of Justice (TSJ), when the constitution of that country dictates that it is before Parliament that the president must present the inauguration. Both the international community and the National Assembly (AN), declared in contempt by the Supreme Court, mark Maduro as an usurper. The illegitimacy of the president is discussed globally and Juan Guaidó is recognized as interim president of the Republic.
The Falkland Islands Government announced on Friday that Mrs Sukey Cameron MBE, the Falkland Islands Government Representative in the UK, is to retire in October 2019.
Argentina has called on Venezuela and Guyana to favour dialogue and a peaceful resolution, in conformity with International Law, regarding their territorial controversy over the region of Essequibo.
Investors have placed an excessively high-risk premium on Argentine assets compared to their peers, according to Finance Secretary Santiago Bausili, quoted in a report by Bloomberg. Argentina's country risk rating has been hovering at 7.0 percentage points.
The new chief executive of Brazil’s Petrobras is pushing for the ouster of two of the state-controlled oil company’s board members. Roberto Castello Branco is seeking the resignation of two Petrobras board members, Segen Estefen and Durval Soledade, whose mandates were only supposed to end in 2020.
Commodities trader Trafigura has refused a judge's order to hand over the email archives of two former executives in Brazil who are facing corruption charges over accusations they bribed officials at state-run oil firm Petrobras.