Argentine financial markets experienced a sharp decline Friday amid the global economic storm triggered by a trade war between the U.S. and China following President Donald Trump’s tariffs spree. The market downturn, compounded by a nearly 7% drop in oil prices and a 10-year U.S. rate at 3.87%, reflects fears of a global economic setback, prompting expectations of Federal Reserve rate cuts.
Chilean President Gabriel Boric Font said Friday that his country owed “a lot” to disgraced former Senator Isabel Allende, the daughter of former President Salvador Allende, who died during Augusto Pinochet Ugarte's military uprising on Sept. 11, 1973.
The quotation between the Brazilian real and the US dollar rose Friday to US$ 1 / R$ 5.83 after China announced retaliatory 34% surcharges against US President Donald Trump's tariffs, which fueled fears of a global recession, triggering turbulence in financial markets.
Brazil's Federal Attorney General's Office (AGU) issued an opinion Friday defining guidelines for the role of the president’s spouse, specifically addressing First Lady Rosângela da Silva (Janja) and her expenses.
Paraguayan President Santiago Peña Friday emphasized his administration’s commitment to supporting the middle class, a group he believes has been overlooked by past policies favoring either macroeconomic stability for businesses or targeted aid for the poor.
Former Argentine President Mauricio Macri (2015-2019), whose support was pivotal in the 2023 runoff between Javier Milei and Sergio Massa, further distanced himself Friday from the Libertarian administration during his appearance at the Latin Annual Meeting in Punta del Este, Uruguay.