BlackRock CEO and founder Larry Fink told Argentine President Javier Milei in a virtual meeting that he would be visiting the South American country in May, and Casa Rosada Spokesman Manuel Adorni confirmed in Buenos Aires.
The Standard & Poor's (S&P) rating agency Thursday raised Paraguay's grading from BB to BB+ after 10 years, Economy Minister Carlos Fernández Valdovinos announced. The news represented one more step towards obtaining an investment grade rating (a low risk of non-payment of debts), he also explained on social media.
Brazilian Supreme Federal Court (STF) Justice José António Dias Toffoli ordered a R$ 8.5 billion (about US$ 1.7 billion) corruption fine on Odebrecht suspended after raising doubts on the circumstances that led the company to accept such a collaboration agreement with the Prosecutor Office.
According to an agreement signed by Paraguay's National Secretariat of Culture (SNC), the National Administration of Navigation and Ports (ANNP), and First Lady Leticia Ocampos, the Port of Asunción will become the country's most important cultural center, it was reported. The measure also seeks to reconvert and revamp the country capital's historic downtown, it was explained.
A 39-year-old Chilean tourist identified as Javier Valdés Susarte was found dead at a Rio de Janeiro favela, it was reported Thursday in Brazil's former capital city. Authorities are still investigating.
Argentine defense authorities bid farewell earlier this week to the new group of troops to be deployed in Cyprus as part of the United Nations Peacekeeping Blue Helmets (UNFICYP), it was reported in Buenos Aires.
The new government of Argentine president Javier Milei and its austerity policies to try and put the country's economy back on track received a strong boost from the International Monetary Fund, IMF, which approved the disbursement of US$ 4,7 billion.
Brazil had undergone a sharp fiscal deterioration during last year with the central government's primary budget deficit reaching 230.5 billion Reais (US$ 47 billion), released data showed this week. The 2.1% of Gross Domestic Product (GDP), reverses a 0.5% surplus in 2022 and represents the second-largest ever recorded by the country.
The Bank of England Monetary Policy Committee, MPC, at its meeting ending on 31 January 2024, voted by a majority of 6–3 to maintain Bank Rate at 5.25%. Two members preferred to increase Bank Rate by 0.25 percentage points, to 5.5%. One member preferred to reduce Bank Rate by 0.25 percentage points, to 5%.