Chile's central bank announced a US$ 4 billion injection to stop a currency slide that saw the peso reach historic lows on successive days this week. The peso fell to 820 to the dollar at the close Thursday, breaking the 800 Pesos milestone.
Running away as shots rang out, Carlos Vivanco turned to see where they were coming from. Then he felt his left eye closing and his face dripping with blood. The 18-year-old student had become one of the scores of people hit in the eyes, and in some cases blinded, by police rubber bullets in Chile's recent wave of anti-government protests.
Brazil will not get involved in a trade war, President Jair Bolsonaro said on Thursday, after US-foes China and Russia criticized growing protectionism as the global economy slows. Bolsonaro, who has been walking a diplomatic tightrope at the BRICS summit in Brazil this week as he seeks to strengthen ties with China without upsetting key ally Donald Trump, said Brazil “trades with the entire world.”
Germany's parliament, the Bundestag, on Thursday ignored pleas from the Green party to scrap a nuclear agreement with Brazil. “Our cooperation in this area has worked well for decades,” Parliamentary State Secretary for the Environment Rita Schwarzelühr-Sutter of the center-left Social Democratic Party (SPD) said. “There are currently no plans to cancel the agreement.”
Five of the biggest emerging economies railed against protectionism on Thursday as they vowed to overcome “significant challenges” facing multilateralism, in a swipe at US tariffs and unilateral action.
Argentine oil company YPF SA has sold its first commercial liquefied natural gas (LNG) cargo to Brazilian state energy firm Petrobras, according to media reports in Buenos Aires.
United Nations chief Antonio Guterres announced on Thursday that he ha appointed a Personal Envoy who would be travelling to Bolivia to offer support to national leaders, following the departure of former president Evo Morales.
Nearly 100 scientists and support staff departed this week for the most ambitious mission to date for Thwaites Glacier in West Antarctica.
President Jair Bolsonaro and Economy Minister Paulo Guedes want to strengthen trade relations with China. Guedes said the creation of a free trade area between the two countries is under negotiation.
Italy on Thursday declared a state of emergency for Venice after an exceptional tide surged through churches, shops and homes, causing millions of euros worth of damage to the UNESCO city.