
President Obama is to use Tuesday's State of the Union speech to call for tax increases on the wealthy to help the middle class, officials say. The proposals would raise 320 billion dollars over a decade, to fund benefits such as tax credits.

Brazil's central bank is expected to raise interest rates for a third straight meeting this week to quell any doubts about its commitment to ending years of high inflation.

The body of AMIA special prosecutor Alberto Nisman was found in the bathroom of his apartment in the Buenos Aires City neighbourhood of Puerto Madero late on Sunday.

Argentina's ruling coalition lawmakers will insist on Monday in Congress that special prosecutor Alberto Nisman lacks evidence to charge President Cristina Fernández and other administration officials with the cover-up of the AMIA Jewish community centre bombing that killed 85 people and injured 300 in 1994.

President Dilma Rousseff expressed Saturday her dismay and indignation after learning of the execution of Brazilian Marco Archer Cardoso Moreira in Indonesia and recalled her country's ambassador to Jakarta for consultations.

Argentine President Cristina Fernández made her first public statement since AMIA special prosecutor Alberto Nisman accused her of allegedly covering up Iran’s role in the 1994 attack that left 85 dead and 300 injured. Nisman is scheduled to visit congress next week invited by opposition lawmakers to reveal further details of the alleged plot.

As of 26 January 2015, applications for visas for the United Kingdom made in Uruguay will be decided in Bogota. United Kingdom Visas and Immigration, which has the responsibility for issuing UK visas overseas, is introducing a change to its network as part of a broader change program.

The World Trade Organization (WTO) ruling against Argentina triggers no immediate modification of the country’s trade administration, Cabinet Chief Jorge Capitanich pointed out adding a “comprehensive and detailed analysis of the ruling’s terms” is needed.

Brazil’s energy minister this week threw his support behind the CEO of Petrobras, the embattled state-run oil company embroiled in a vast corruption scandal that has dominated national headlines. Maria das Graças Silva Foster will keep her job as CEO, the minister said, despite growing demands for her resignation.

The corruption scheme in Brazil's leading corporation Petrobras could exceed 28 billion dollars, making it the largest corruption scandal that the country has ever seen. The development was reported through an interview by Reuters of Brazilian police officer, Erika Marena, investigating the corruption probe.