A series of high-profile resignations from Brazil’s economic team have left Economy Minister Paulo Guedes shaken but committed to keep pushing for reforms in the government. The losses are also the most visible sign yet that Guedes’ ambitious economic agenda is suffering a downgrade in size and scope, although his austerity drive received a crucial backing from President Jair Bolsonaro and congressional leaders.
U.S. Ambassador to Britain Woody Johnson has made insensitive and inappropriate comments during his tenure, including about race, religion and sex, the State Department’s inspector general has found, judging that morale in some parts of the mission has dropped.
Chile’s Congress has approved a law to allow the central bank to buy bonds issued by the country’s treasury in the secondary market, potentially giving the bank added firepower to help offset fallout from the COVID-19 crisis.
The governor of Sao Paulo, the state with the highest COVID-19 death toll in hard-hit Brazil, said on Wednesday he had tested positive for the new coronavirus and would continue working from quarantine.
This is a clear example of the kind of cooperation needed to battle the Covid-19 pandemic globally, UK Ambassador Mark Kent said following the Wednesday announcement of the agreement for the production in Argentina of the vaccine currently being developed by the AstraZeneca lab and the University of Oxford.
After reaching a US$ 65 billion restructuring agreement in principle with its creditors earlier this month, Argentina must now turn to relief from the International Monetary Fund to free up cash in the near term, the Institute of International Finance, IIF said on Tuesday.
Brazil's President Jair Bolsonaro on Tuesday angrily denied the existence of fires in the Amazon rainforest, calling it a “lie”, despite data produced by his own government showing that thousands of fires are surging across the region.
Mrs. Faye O'Connor who has been appointed as ambassador before the Uruguayan government is in Montevideo and will soon start in office, as the successor of the previous ambassador, Ian Duddy, who has been reappointed to Chile.
Democratic presidential candidate Joe Biden picked Kamala Harris as his running mate on Tuesday, a landmark pick that puts the senator in contention to become United States' first female and first black vice-president.
Angry residents in Peru’s Andean and Amazon regions have attacked three mining and oil sector firms in the last week, two of which were forced to halt operations after deadly clashes, as a second wave of COVID-19 infections hits the country.