
Colombian voters appeared to have shocked their government, world leaders and pollsters by blasting away its hopes for a historic peace deal with the Marxist FARC rebels on Sunday, near-complete referendum results showed. Reversing the trend of earlier opinion polls, voters appeared to have narrowly defied the government's pleas to ratify its plan to put 52 years of bloody conflict behind them within months.

Brazilians expressed their disenchantment and frustration on Sunday's municipal elections punishing parties involved in the major corruption schemes and political disputes as the country's economy has plunged into the worst economic recession almost a century including the loss of millions of jobs.

Argentina again claimed Falkland Islands' sovereignty and called for bilateral negotiations, as indicated by the UN General Assembly, at the closing 33rd session of the Human Rights Council last Friday in Geneva.

The Chinese currency Yuan entered a new phase in its journey to become more important to the world economy: starting on Saturday the Yuan is officially a member of the International Monetary Fund’s basket of global reserve currencies. Together, this group of currencies, known as Special Drawing Rights (SDR), forms a kind of pseudo-currency—used only by the IMF—to supplement countries’ official reserves.

Argentine president Mauricio Macri will be receiving his Brazilian peer Michel Temer in Buenos Aires on Monday morning to address bilateral relations in several fields, mainly political, trade, Mercosur, and security and development in the long shared border areas. According to official sources Temer´s delegation arrives with foreign minister Jose Serra, Industry and trade minister Marcos Pereira and head of defense Raul Jungmann.

Prime Minister Theresa May said on Sunday that Britain would begin the process of withdrawing from the European Union by the end of March and suggested that she would seek a clean break that makes limits on immigration a priority.

Foreign minister Susana Malcorra is scheduled to attend the Argentine Senate next Wednesday morning to expand on the recent Argentina/UK joint statement, particularly the South Atlantic chapter which deals with the Falkland Islands and alleged softening of the Argentine sovereignty claim.

Next Sunday Brazilians will be going to the polls to elect mayors and councilors in 5.570 cities and towns across the country in what is the first test of the mood of voters since the impeachment of president Dilma Rousseff last month.

The gunning down of a string of candidates ahead of nationwide municipal elections this Sunday is stoking fears that Brazil's toxic politics are headed into dangerous new territory. The main headline from Sunday's polls is expected to be the hammering of the populist Workers' Party, which many here blame for Brazil's punishing recession and sprawling corruption scandals.

Two public opinion polls released on Wednesday indicate that the recently peace deal between the government with the FARC is likely to be ratified by Colombia’s electorate on Sunday. President Juan Manuel Santos and FARC leader “Timochenko” signed peace on Monday, but before this agreement can be fully ratified, Colombians will vote on the deal in a referendum first.