A group of Argentina’s biggest bondholders will meet with the country’s treasury minister in New York this Monday to hear how Latin America’s third-largest economy plans to dig itself out of its latest debt crisis.
In a meeting convened by the Organization of American States, 16 of the 19 states party to the Inter-American Treaty of Reciprocal Assistance, a 1947 pact known as the Rio Treaty, backed using the pact to collaborate on law-enforcement operations and economic sanctions against Venezuelan leader Nicolás Maduro, and associates, accusing his regime of criminal activity including drug trafficking and money laundering.
U.N. human rights chief Michelle Bachelet, who earlier this month came under personal attack from Brazilian president Jair Bolsonaro, says she feels sorry for Brazil, according to a Chilean media report published on Sunday.
By Anne Krueger (*) - Argentina's President Mauricio Macri knew that he had inherited a sick economy when he took office in 2015, but failed to take his medicine. As a result, the country now has no choice but to face up to a period of painful structural adjustment.
Argentina's private-sector workers will see their wages topped off by 5,000 pesos (US$ 88) in a one-time non-taxable payment aimed at boosting their buying power amid surging inflation, the Production Ministry said on Monday.
The Commonwealth Parliamentary Conference (CPC) has kicked off Monday morning at the Speke Resort Munyonyo. Uganda, with closed meetings of the Commonwealth Parliamentary Association (CPA) regional secretaries. A delegation from the Falkland Islands is attending the meeting.
Brazil’s government will free up 12.5 billion reais (US$3 billion) for discretionary spending, the Economy Ministry said in its latest bi-monthly spending and revenue report, as it seeks to ease the pressure on departmental budgets following deep spending freezes this year.
U.S. President Donald Trump on Monday questioned a decision by his top trade negotiators to ask Chinese officials to delay a planned trip to U.S. farming regions after trade talks last week, saying he wanted China to buy more American farm products.
Hundreds of thousands of holidaymakers were stranded on Monday by the collapse of the world’s oldest travel firm Thomas Cook, sparking the largest peacetime repatriation effort in British history.
Prominent Chinese economist Chen Wenling has recently advised that a trade deal between the United States and her home country may be imminent, marking the beginning of the end for the damaging conflict between these two nations.