
After Argentina's Economy Minister Luis Toto Caputo announced Tuesday in Buenos Aires a series of measures to tackle inflation, the Communications Director of the International Monetary Fund (IMF) Julie Kozack said in a statement that “these strong initial actions aim to significantly improve public finances in a way that protects the most vulnerable in society and to strengthen the exchange rate regime.”

The Brazilian delegation attending the United Nations Climate Change Conference (COP28) in Dubai this week called for stronger measures against the proliferation of fossil fuels, Agencia Brasil reported.

British PM Rishi Sunak and his 'stop the boats' policy managed a crucial vote when Parliament passed 313 to 269 on Tuesday the Safety of Rwanda bill, which intends to send asylum seekers and migrants to the African country.

Global trade through the Panama Canal is being severely disrupted by a drought affecting the man-made corridor, which could force shippers to choose other, more costly routes, it was reported. The historic waterway in Central America connecting the Pacific and Atlantic Oceans handles about 5% of international seaborne trade.

The UN Secretary-General Antonio Guterres, Mercosur member countries, the European Union and the US have called on Guatemala authorities to impede the Central American country's Attorney General's office to annul the general election result preventing President-elect Bernardo Arevalo from taking office in January.

Mercosur and the European Union failed to sign the much-expected and long-awaited free trade and cooperation agreement during the South American block summit in Rio do Janeiro, mainly because of discrepancies over forestry and agricultural land. Brazilian President Lula da Silva said he was committed to signing the agreement with the EU, and will not give up until achieved but further hurdles could be in the way.

By Gwynne Dyer
The key debate on the last day of the COP28 climate summit at the United Arab Emirates was about whether the conference should endorse a resolution to “phase out” fossil fuels — or, in a less ambitious formulation, phase them “down” (but not out).

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Argentine health authorities have confirmed the detection of over 320 cases of equine encephalomyelitis, a malady that is transmitted through mosquito bites and is spreading rapidly nationwide and also onto neighboring Uruguay.

Foreign Office minister for the Americas, the Caribbean, and British Overseas Territories, David Rutley, has been quite busy in his areas of influence. At the end of October, he visited Peru to commemorate two hundred years of close relations between Britain and the Andean country. Rutley later travelled to Santiago, where he also had a busy agenda given UK's and the Royal Navy strong alliance with Chile.