More trouble for embattled Colombian president Gustavo Petro and his ambitious peace program. The main dissident group of former guerrillas, which refused to disarm when the Revolutionary Armed Forces of Colombia (FARC) accepted a peace deal in 2016, suspended peace talks with the Colombian government on Sunday.
US Undersecretary of State for Economic Growth, Energy and Environment, José W. Fernández is on a South American tour with stops in Uruguay, Chile, and Paraguay to boost green energy developments in the region.
Uruguayan opposition chairman Fernando Pereira insisted Sunday in Montevideo that the political crisis over the issuance of a passport to notorious drug trafficker Sebastián Marset is not over, despite the cabinet reshuffle announced Saturday by President Luis Lacalle Pou, who broke a two-day silence on the political crisis that began with leaked audios between the former foreign minister and his vice minister.
Local authorities confirmed Sunday that the death toll from the storm that hit São Paulo last Friday had risen to 7, Agencia Brasil reported. The latest victim accounted for was a crew member of a boat that sank off Ilhabela while two survivors from the same vessel had been rescued, according to the State’s Civil Defense.
Israel’s Prime Minister Benjamin Netanyahu Sunday banned Heritage Minister Amichay Eliyahu indefinitely from all cabinet meetings following his statements hinting that dropping a nuclear bomb on the Gaza Strip was “an option” in the ongoing war after the Oct. 7 attacks by the terrorist group Hamas.
Paraguayan President Santiago Peña will be traveling to Santiago for a meeting with his Chilean colleague Gabriel Boric Font on Monday and a conference at the Economic Commission for Latin America and the Caribbean (ECLAC) on Tuesday, among other engagements. Peña will stay in the Chilean capital until Nov. 8, it was also announced.
Brazilian President Luiz Inácio Lula da Silva’s Workers’ Party (PT) announced it would support Argentina’s Economy Minister Sergio Massa against Libertarian Congressman Javier Milei in the Nov. 19 runoff.
AP Moller-Maersk announced it will be cutting 3,500 jobs because of a downturn in business. This adds to another 6,500 jobs cut earlier this year. The Danish company one of the largest global shipping enterprises said profits plunged 92% and a policy of rigorous containment had to be applies. It said worsening prices for shipping by sea required further job cuts.
Uruguayan President Luis Lacalle Pou announced a cabinet reshuffle Saturday evening from the Torre Ejecutiva after meeting earlier in the day with leaders of the ruling Multicolor coalition at the Suárez y Reyes residence to address the crisis sparked by the resignation last Wednesday of Francisco Bustillo as foreign minister amid a scandal over the issuance of a passport to known drug trafficker Sebastián Marset.
The UK economy is on flat growth for a couple of years, while government forecasts of greater activity vanish, and the Bank of England could still rise interest rates further. In effect the BoE has warned rates will remain high for some time or even rise higher. Rate currently stands at 5,25%, the highest in fifteen years.