
Venezuela’s central bank announced a devaluation of more than 99% of its official exchange rate with the launch of a new foreign exchange platform, a move critics quickly said would not create a functioning currency market.

A Paraguayan guerrilla group has freed two Mennonite men it had been holding hostage for five months. The two were released after their families paid a ransom and handed over food to local communities, Paraguayan media report.

Ecuadoreans on Sunday voted to prevent presidents from holding more than two terms in office, according to the elections council, a win for President Lenin Moreno that blocks his mentor-turned-adversary Rafael Correa from returning to power. The results from the referendum, called by Moreno, roll back a measure Correa pushed through Congress in 2015 to allow unlimited presidential re-election.

President Mauricio Macri received US Secretary of State Rex Tillerson on Monday at the Olivos official residence. During the forty minutes meeting the main issues of the Argentina/US bilateral agenda were addressed, according to a release from the Argentine Executive office.

Costa Rica’s presidential election is headed to a runoff after no candidates secured enough votes to win outright. The top vote-getter, evangelical preacher Fabricio Alvarado, is expected to face his closest opponent, Carlos Alvarado Quesada, a former labor minister, April 1. Alvarado won nearly 25% of votes on Sunday to Alvarado Quesada’s 22%.

Chinese Finance Minister Xiao Jie, visited Argentina last week where he met with president Mauricio Macri and other officials ahead of the upcoming meeting in Buenos Aires of the G20 finance ministers and central banks governors. There was no official briefing of the different meetings or the interview with Macri in Casa Rosada.

More than a hundred business leaders, parliamentarians, government representatives, and other influential figures gathered in the British Houses of Parliament for a unique event aimed at highlighting the major success stories of UK-India economic cooperation.

The Falkland Islands Government last week initiated a review of the educational buildings and facilities in the Falkland Islands. This review has been driven by both internal and community pressure and questions over whether facilities continue to meet the growing needs of the community.

As the 6 lady crew members of the Indian Naval yacht TARINI prepare to leave the Falklands they take away: ‘Pleasant memories of a very wonderfully close-knit family atmosphere, of people who trust each other, are resourceful, peaceful and kind to each other and who live well with no poverty, unemployment, destitution or hardships’ said Lieutenant Commander Vartika Joshi who is the captain of the 17 x 5 meters sloop.

As Mercopress reported, Premier Oil are currently consulting on the Environmental Impact Statement (EIS) for their Sealion Oil Field development sitting 220km to the North of the Falkland Islands in 450 metres of water depth. The formal minimum 42 day consultation period began earlier in the week and only after the Falkland Islands Government agreed via its Executive Council that it could do so.