In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.
Sao Paulo state prosecutors in Brazil said on Tuesday they have charged the Workers Party (PT) vice presidential candidate Fernando Haddad with corruption, but any potential trial would not hinder his ability to run.
The Brazilian Real erased early losses on Tuesday after state prosecutors charged Workers Party vice presidential candidate Fernando Haddad with corruption, driving investors to pare bets on his electoral strength.
On Sunday, Brazil’s top electoral court ruled that “Lula”, former president Luiz Inácio da Silva, cannot run in the presidential election this October. He served two terms as president (2003-2011), he dutifully waited out the following two terms, and his Workers’ Party (PT) has nominated him for the presidency again.
Brazil's top electoral court has banned political campaign ads showing former president Lula da Silva as a candidate, according to a ruling made on Sunday in response to a complaint by the Novo party.
The Brazilian Real slumped on Monday as mounting concerns over this year's presidential election added to global risk aversion, while the Argentine peso extended a recent sell-off that also spread into stock markets in Latin America.
President Mauricio Macri unveiled plans on Monday to raise export taxes on grains and slash the number of government ministries in a bid to balance its budget next year, as Argentina seeks a deal with the IMF to accelerate a US$ 50 billion standby loan program.
Brazil's Workers Party, PT, said on Saturday that it's sticking with former president Lula da Silva as its presidential candidate even though the electoral court has thrown him off the ballot for an election just five weeks away.
A massive fire on Sunday raced through Brazil’s 200-year-old National Museum in Rio de Janeiro on Sunday, probably destroying its collection of more than 20 million items, ranging from archeological finds to historical memorabilia.
The Government of the Falkland Islands and the British Embassies in Argentina, Brazil, Chile and Uruguay invites university students to participate. This regional competition offers winners the chance to visit the Falklands for a week with all the costs covered.