
Embattled President Pedro Pablo Kuczynski has offered his resignation to Peru's congress ahead of a scheduled vote on whether to impeach the former Wall Street investor on corruption charges, according to a presidential aide. If congress accepts the resignation, power would transfer to Vice President Martin Vizcarra, who is serving as Peru's ambassador to Canada.

UK inflation was weaker than expected in February easing some of the squeeze on households' spending power but doing little to change bets on a Bank of England rate rise in May. Official data showed consumer prices rose by an annual 2.7% last month, the weakest increase since July of last year and down from a rise of 3.0% in January.

European officials said this week that significant obstacles remain to a long-delayed trade deal between the European Union and Mercosur, even as South American officials expressed optimism a deal would be finalized soon.

President Donald Trump congratulated Russian President Vladimir Putin on his re-election during a phone call on Tuesday and the two leaders agreed to hold talks soon. “We will probably get together in the not-too-distant future, so we can discuss arms, we can discuss arms race.” Trump told reporters before an oval office meeting with Crown Prince Mohammad bin Salman of the Kingdom of Saudi Arabia.

IMF Managing Director Christine Lagarde at the conclusion of the Group of 20 (G20) Finance Ministers and Central Bank Governors meeting in Buenos Aires, reiterated praise for Argentina president Mauricio Macri gradual economic policies, and called on the need for reform in the more advanced economies to ensure sustained, solid growth.

Argentine foreign minister Jorge Faurie is expected this Wednesday in Congress to outline president Macri administration's current policy towards the Falkland Islands, mainly negotiations on air links and South Atlantic fisheries conservation.

Vladimir Putin has said he is open to constructive dialogue with other states after being re-elected president of Russia with an increased majority. Saying there would be no arms race, he promised to cut defense spending.

UK and EU have agreed on a “large part” of the agreement that will lead to the “orderly withdrawal” of the UK. Negotiators Michel Barnier and David Davis said the deal on what the UK calls the implementation period was a “decisive step” in the Brexit process, although some of the issues still to be resolved include the Northern Ireland border.

Peru's embattled President Pedro Pablo Kuczynski said on Monday he was confident of surviving an impeachment vote later this week. I know that Thursday will be fine, the conservative leader said in a speech in the Amazonian city of Iquitos.

In a letter addressed to Argentine women and men who expressed their closeness on the fifth anniversary of his pontificate March 13, Pope Francis said his love for Argentina continues to be “great and intense,” and also apologized for gestures he’s made that might have caused offense.