
Oil prices plunged 30% in early trading after OPEC’s failure to strike a deal with its allies regarding production cuts caused Saudi Arabia to slash its prices as it reportedly gets set to ramp up production, leading to fears of an all-out price war.

Cities across Chile erupted in mass celebration and outrage on Sunday as women and their supporters rallied for International Women's Day. In Santiago, Dignity plaza that has become the city's ground zero for protests in recent months could not contain the crowd, extending for blocks along significant boulevards. Marches were under way in several cities, with others to follow on Sunday evening.

United States President Donald Trump hosted Brazilian president Jair Bolsonaro for dinner at his Mar-a-Lago resort in Florida on Saturday, where the two leaders discussed the U.S.-led effort to oust Venezuelan President Nicolas Maduro and spoke about a future trade deal.

Today (Saturday 7 March) , President Donald J. Trump and President Jair Bolsonaro of Brazil reaffirmed the strategic alliance between the United States and Brazil, deepening the partnership between their two countries. The two leaders focused on increasing economic prosperity, strengthening democracy, and promoting peace and security.

A consortium formed by Germany's Thyssenkrupp AG and Brazilian plane maker Embraer SA signed a deal to deliver four frigates to Brazil's navy between 2025 and 2028, the companies said in a statement.

Venezuela has swapped millions of barrels of crude for supplies of corn and water trucks under an oil-for-food deal struck with a Mexican firm, in an effort to secure imports amid tightening U.S. sanctions, according to the company and export schedules.

Guyana’s top court on Sunday upheld an injunction blocking the elections commission from proclaiming a winner in this month’s presidential election, delaying the results of a vote that has been marred by accusations of fraud.

The number of confirmed cases of the coronavirus disease (COVID-19) in Argentina has risen from two to eight within the past 24 hours, the national Health Ministry said.

The government of the Falklands is updating its advice on travelling to the Islands, in response to the global COVID-19 situation. All passengers arriving in the Falkland Islands by air are routinely required, by law, to complete a declaration about countries they have come from or visited recently.

US President Donald Trump will meet with Brazilian President Jair Bolsonaro in Florida on Saturday to discuss trade, infrastructure, Venezuela and the Middle East, the White House said in a statement on Friday.