
The U.S. Court of Appeals for the Second Circuit in New York overturned on Thursday the ruling that required Argentina to pay over $16 billion in compensation to minority shareholders of YPF for the 2012 expropriation of the oil company. The decision, issued with one dissenting vote, represents Argentina's largest judicial victory abroad in over a decade of litigation.
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U.S. President Donald Trump said on Friday that the military operation against Iran is “two weeks ahead” of schedule, demanded the reopening of the Strait of Hormuz, and sharply criticized European NATO allies for refusing to join the campaign. “When these times come, you learn who your real friends are,” he told an audience of a thousand investors at the FII Priority forum in Miami.
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Former Brazilian President Jair Bolsonaro returned to his home in Brasilia on Friday after being discharged from hospital following a two-week stay for acute bilateral pneumonia. Bolsonaro, 71, will serve at least 90 days of his 27-year prison sentence under house arrest, following a decision by Supreme Court Justice Alexandre de Moraes.
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