The International Monetary Fund on Wednesday formally selected Kristalina Georgieva of Bulgaria to be only the second woman ever to lead the 189-member institution. The selection had been all but guaranteed after the global crisis lender said earlier this month that Georgieva, a former World Bank CEO, was the sole candidate.
Argentine President Mauricio Macri defended the trade agreement of Mercosur with the European Union, as part of his government's strategy to open Argentina to the world, demanded Iran cooperates with the judicial system to help clear the 1994 AMIA attack in Buenos Aires, condemned the Venezuelan dictatorship of president Nicolas Maduro and called on the United Kingdom for dialogue on the Falklands/Malvinas dispute, although reaffirming his country's “legitimate and imprescriptible sovereignty rights” over the South Atlantic Islands.
Uruguay will leave the Inter-American Treaty of Reciprocal Assistance (TIAR, also known as Rio Pact) due to an “obvious attempt” by the other signatories to use it to threaten Venezuela with the use of force, Uruguayan Foreign Minister Rodolfo Nin Novoa said at a press conference in Montevideo on Tuesday.
Brazilian President Jair Bolsonaro attacked the media on Tuesday for “lying” about the fires in the Amazon and criticized international concern for the rainforest as fueled by interest in the region’s biodiversity and mineral wealth.
Argentine President Mauricio Macri met with his International Monetary Fund backers in New York on Tuesday, but there was little light shed on whether the body was likely to approve a key US$ 5.4 billion tranche of funds to the indebted country.
The number of invasions of indigenous lands in Brazil has jumped in the first nine months of President Jair Bolsonaro's administration, a Brazilian Catholic Church agency said on Tuesday. The Missionary Indigenous Council said illegal miners, loggers and tappers of natural resources are involved in most of the invasions.
An improvement in Brazil’s sovereign credit rating hinges more on stronger economic growth than lower interest rates, rating agency Moody’s said on Tuesday, urging economic reform and the shoring up of public finances.
A special service has been held at Christ Church Cathedral on the Falkland Islands to celebrate the work of a long-standing community member - HMS Clyde. The Royal Navy's River-class vessel is recognized as the Falklands patrol ship, having been dedicated to the South Atlantic for the last 12 years.
Swedish teenage climate activist Greta Thunberg shot back at on Tuesday at US President Donald Trump's attempt to mock her on Twitter by changing her profile on the social media site to reflect Trump's taunting remark.
The United States said on Tuesday it will provide US$52 million in funding to Venezuelan opposition leader Juan Guaido, an escalation of support even as his push to oust socialist President Nicolas Maduro stalls.