Brazil’s twelve-month inflation ended August at its lowest level this year, according to a central bank survey of fourteen economists. This means the 12-month IPCA consumer-price index is likely to weigh in at 6.10% for August, down from 6.27% at the end of July.
Uruguay’s inflation in August kept climbing and reached 1.04%, totalling 6.74% in the first eight months of the year and 8.86% in the last twelve months, which is well above the Central bank target of 4% to 6%, according to the latest report from the local Statistics Office, INE.
Colombia's peace talks with Marxist FARC rebels have reached a critical stage, with discussions over the next couple of months a key gauge of whether an end to five decades of war is likely or not, government negotiator Sergio Jaramillo said on Tuesday.
Deputy Chairman of the Argentine Industrial Union (UIA) Cristiano Ratazzi said that President Cristina Fernández “should leave office once her term ends” because those are the rules of democracy, otherwise it is ‘Chavism’.
President Nicolas Maduro blamed Venezuela’s right-wing opposition for what he called “sabotage” and an ‘electrical coup’ that he said caused blackouts that plunged much of the country into chaos.
The Colombian ministerial cabinet presented on Monday a protocol resignation to President Juan Manuel Santos so that the leader can make the necessary changes as his administration prepares for the last year of his mandate, according to Palacio Nariño sources.
The head of the Colombian negotiation team Humberto de la Calle cautioned on Monday that in case a definitive agreement is reached with the FARC rebel forces, (Colombian Revolutionary Armed Forces), peace could reach ten years after the ratification of the accord.
Foreign minister Eladio Loizaga said Paraguay will hold before Mercosur the same position it sustained at the Unasur summit in Suriname requesting that all decisions adopted during the last year and two months in which the country was suspended, are formally analyzed.
The US National Security Agency also intercepted text messages by Mexico’s Enrique Peña Nieto in which the then-presidential front-runner discusses two possible cabinet picks, journalist Glenn Greenwald said on Sunday night’s show ‘Fantastico’, citing a 24-slide presentation. Peña Nieto assumed office in December 2012.
Brazilian president Dilma Roussef is considering at least three reactions to the US government following allegations that the US National Security Agency, NSA, spy program targeted the president, her ministers and advisors as revealed by the O Globo television program ‘Fantastico’. Earlier on Monday US Ambassador Thomas Shannon was summoned by Foreign minister Luiz Alberto Figuereido.