Brazil has withdrawn its offer to host Latin America and Caribbean climate week, a key milestone leading up to the annual UN negotiations. Initially set to take place from 19 to 23 August in Salvador, the event is part of a series of regional summits to encourage dialogue between governments and civil society, in support of national climate pledges.
Prime Minister Theresa May's government will publish draft legislation in the first week of June that would allow Brexit to proceed if approved by parliament, a Downing Street spokesman announced on Tuesday.
Brazil’s government will cut its 2019 economic growth forecast to below 2% and seek supplementary funding from state-run BNDES development bank to meet current expenditure and avoid breaking its fiscal rules, Economy Ministry officials said on Tuesday.
A Peruvian judge on Tuesday sentenced former Lima mayor Susana Villaran to 18 months' preventive detention for accepting illegal campaign funds from Brazilian construction firms Odebrecht and OAS. The Odebrecht bribery scandal, which has washed through Latin America, runs deep in Peru, where the country's last four presidents are accused of receiving illegal payoffs.
The constitutional court of Guatemala has barred Zury Ríos, the daughter of ex-military ruler Efraín Ríos Montt, from running for the presidency. Ms. Ríos was one of the frontrunners ahead of elections on 16 June. The court argued that Guatemala's constitution bars close relatives of coup leaders from serving as president.
US farmers, who are major exporters of pork and soy, are caught in the middle of President Donald Trump's trade wars. And farmers along with the industries that support them, are also key voters.
China on Wednesday reported surprisingly weaker growth in industrial output and retail sales for April, reinforcing expectations that Beijing needs to roll out more stimulus measures as the trade war with the United States escalates.
Activity in Brazil’s services sector fell 0.7% in March from the month before, government statistics agency IBGE said on Tuesday, a decline far greater than expected and another strong sign that the economy contracted in the first quarter.
Pope Francis advanced the sainthood causes of Blessed Dulce Lopes Pontes, the “Mother Teresa” of Brazil. The pope signed the decrees on May 13 during a meeting with Cardinal Angelo Becciu, prefect of the Congregation for Saints’ Causes. The Vatican published the decrees on May 14.
The head of the IMF mission currently in Buenos Aires for the fourth review of the economic program signed by the administration of president Mauricio Macri last year, said that the Fund does not fear a possible return of ex president Cristina Fernandez to office.