
Venezuela’s Defense Minister Vladimir Padrino López announced Friday a “review and adjustment” of the Bolivarian National Armed Forces (FANB) following the January 3 US attacks, in which 47 Venezuelan soldiers were killed and President Nicolás Maduro and his wife Cilia Flores were captured, EFE reported.

Brazilian President Luiz Inácio Lula da Silva and European Commission President Ursula von der Leyen agreed on Friday that the free trade agreement between Mercosur and the European Union (EU), due to be signed Saturday in Asunción, will benefit global trade, democracy and multilateralism, EFE reported.

Ten Argentine provinces are under alert for wildfire risk, as several fire fronts in Chubut and wider Patagonia have already burned more than 20,000 hectares.

Brazil has enacted two laws formalizing the transfer of military aircraft and equipment to Uruguay and Paraguay, as part of an initiative to upgrade operational capabilities of neighboring countries and enhance regional security, Agência Brasil reported.

The High Seas Treaty, also known as the Global Ocean Treaty, enters into force on Saturday, marking “a historic achievement in ocean protection” and the start of a new phase in global ocean governance, EFE reported.

Burford Capital, the main beneficiary of a US$16 billion first-instance ruling against Argentina over the 2012 expropriation of YPF, has asked federal judge Loretta Preska to hold the country in contempt and impose sanctions, citing alleged failures to comply with discovery orders.

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