Argentine President Alberto Fernández's announcement that he would not seek reelection was welcomed within the ruling Frente de Todos (FdT) coalition, which now has the opportunity to submit several candidacies to be decided upon at the Aug. 13 Open, Mandatory and Simultaneous Primary (PASO) elections.
President Alberto Fernández's announcement Friday that he would not seek reelection this year triggered the US dollar further up against the Argentine peso, reaching AR$437 / AR$442 (buy/sale) at the “blue” (a euphemism for “black market”) exchange rate. Meanwhile, the official rate stood at AR$217/AR$225 (buy/sale), for a gap of 102.26% between the two quotations.
Brazilian President Luiz Inácio Lula da Silva Friday landed in Lisbon for the first stop of his European tour seeking to overcome the isolation the South American country sank into under Jair Bolsonaro. However, it was not all cheers and smiles following his remarks regarding Ukraine and Russia, whom he both blamed for starting the current war.
Uruguayan public transport drivers and bank clerks will stage a 24-hour nationwide strike to protest against President Luis Lacalle Pou's attempt to reform the country's pension system and increase the retirement age, which is causing concern, particularly when such a move was something the head of state had vowed during his campaign that he would not seek.
Brazilian Supreme Federal Court (STF) Justice Alexandre De Moraes Friday ruled to lift the seal of secrecy from images of vandalism recorded during the Jan. 8 riots in the Planalto Palace, Agencia Brasil reported. The magistrate's decision is part of the STF investigation into the coup d'état investigation.
Former Peruvian President Alejandro Toledo turned himself in to US authorities Friday and is to remain in custody pending his extradition to the South American country, which is scheduled for Sunday on a commercial flight to Lima, where he will be housed at the Barbadillo prison alongside his former colleagues Alberto Fujimori and Pedro Castillo.