Petrobras has put the finishing touches on the first wave of development at the massive offshore Brazil Lula Field, pumping first oil from the latest floating production unit to be installed at the country's largest oil and natural gas producer, the company announced on Friday.
European Union governments will move to recognize Juan Guaido as Venezuela’s interim president from next week, but using cautious language for fear of setting a precedent for political crises, EU diplomats said on Friday.
Brazil’s lower house of Congress reelected on Friday by a vast majority Rodrigo Maia, from the Democratas party, for a new two-year term as president of the chamber. Maia had the support of Brazil’s newly elected President Jair Bolsonaro and has pledged to work with the new administration to pass key reforms seen as crucial for the country to balance its budget, such as the pension reform.
Argentina’s central bank has sufficient dollar firepower to deal with a spike in demand for the greenback if uncertainty over the country’s upcoming presidential election prompts another run on the peso, bank sources said on Friday.
U.S. sanctions will sharply limit oil transactions between Venezuela and other countries and are similar to but slightly less extensive than those imposed on Iran last year, experts said on Friday after looking at details posted by the Treasury Department.
Two of Argentina's leading Jewish entities, the AMIA and the DAIA, this week made public their its difference over a role as a plaintiff in a criminal complaint against former president-cum-senator Cristina Fernández de Kirchner, involving a controversial Memorandum of Understanding signed in 2013 with the regime of Iran.