With an average score of 44 for three consecutive years, the Americas region continues to fail in making any serious inroads against corruption, according to the latest report from Transparency International. Compared to other regions, the Americas is similar to Asia Pacific (average score: 44), but behind Western Europe and the European Union (average score: 66).
Latin American stocks rose on Tuesday, outperforming world stocks that struggled to hold gains ahead of keenly awaited U.S.-Sino trade talks, earnings of top technology companies and an impending U.S. Federal Reserve decision on interest rates.
Emerging markets face more downgrades than upgrades this year as foreign debt levels leave them vulnerable to rising U.S. interest rates and the strength of the dollar, according to Fitch Ratings. Latin America, the Middle East and Africa will be impacted more by lower credit scores because of the high share of their foreign-currency debt, said James McCormack, Hong Kong-based global head of the sovereign and supranational group at Fitch.
Today Chile announced the creation of its newest marine protected area, the Diego Ramírez-Drake Passage Marine Park. Located in the Magallanes region, it is the southernmost park in the Americas and one of the last pristine areas in the world.
Consulted on possible military option in Venezuela, the declared interim President of Venezuela, Juan Guaidó, told the CNN channel that all the options are on the table “to achieve the cessation of the usurpation”.
The South Korean navy has started the documentation for the transfer of a decommissioned Ulsan Class frigate to the Argentine navy. A delegation of Argentine officers and crew members will be travelling to the South Korean base at Jinhae in the near future, according to Seoul's military attaché in Buenos Aires Lieutenant Colonel Ho Lim.
After forty years in the service of the Falkland Islands, Sukey Cameron, the Falklands Representative in London is to retire in October. The Penguin News chatted with Ms Cameron about her long and distinguished career.
The European Union on Monday adopted quotas for farming produce it will accept from third countries after Britain leaves the bloc and acknowledged this could happen before it has concluded talks with them on the subject.
Denmark has started building a 70km fence along its border with Germany in an effort to control the migration of wild boar. There are fears that African swine fever, which has been found in two dead wild boars in Belgium, could threaten Denmark's huge pig industry. If the disease spreads, it could jeopardize almost US$ 1.7bn in pork-product exports from Denmark.
The United States Justice Department has filed a host of criminal charges against Chinese telecoms giant Huawei and its chief financial officer, Meng Wanzhou. The charges against the world's second largest smart-phone maker include accusations of bank fraud, obstruction of justice and theft of technology.