The Argentine Peso closed slightly weaker on Monday, though analysts remained optimistic the government and central bank had curbed a run on the currency with a massive rate hike and lower fiscal deficit target last week. . The local currency opened stronger on Monday but closed down 0.41%, at 21.97 per U.S. dollar. The Merval stock index ended down 3.43% and traders said investors remained cautious.
The Malvinas Islands ex Combatants Center, CECIM has requested the Inter American Commission on Human Rights, IACHR, to intercede before the Argentine government and demand a commitment that human rights abuses suffered by the Argentine conscripts during the South Atlantic conflict will be investigated. The case has 120 plaintiffs and 95 defendants.
The plenary of the leftist coalition Broad Front concluded on Sunday with a motion that postergates de decision over the Free Trade Agreement (FTA) with Chile, defining to leave the decision on whether or not to support the agreement, delaying the debate to a future plenary whose date is not yet defined. The decision was voted after counting an erroneous sum of the votes in the first instance in which the motion to debate the issue in the plenary had won. However, the votes of the Communist Party of Uruguay (PCU) had been put on the wrong side.
“President Macri is not a political leader, he's a businessman, that's why he doesn't like to come out on national television; he should come closer to the people, he should be more political and less technical”. The comment belongs to Jorge Lanata probably the most outstanding investigative reporter in Argentina, and who heads the hate list of ex president Cristina Fernandez.
The United States Federal Reserve Board announced that it has fined The Goldman Sachs Group, Inc., US$ 54.75 million for the firm's unsafe and unsound practices in its foreign exchange (FX) trading business.
Britain's data privacy watchdog has ordered Cambridge Analytica to hand over all the personal information it holds on a U.S. academic, confirming the right of people abroad to seek data held by a UK firm. Data privacy activists say that it sets a precedent that would enable millions of other U.S. voters to request information that the company had collected on them.
With tensions between NATO and Russia rising, the U.S. military is resurrecting a fleet to patrol the Atlantic Ocean and help respond to global contingencies. The U.S. Second Fleet will provide forces along the U.S. coast and in the northern Atlantic Ocean, according to Chief of Naval Operations, Adm. John Richardson, who made the announcement Friday during a change of command ceremony in Norfolk, Virginia.
British Prime Minister Theresa May insisted she had the “determination to deliver Brexit” as she came under pressure from both wings of the Tory party to change course.
President Donald Trump on Friday said the date and location have been set for a meeting with North Korean leader Kim Jong Un, building suspense for the unprecedented talks, as South Korea said it would oppose a withdrawal of U.S. troops from the area.
Chinese gift of a statue of Karl Marx is dividing Germans, as his home town of Trier prepares to unveil it 200 years after his birth. Marx co-wrote the Communist Manifesto, which said that all human history had been based on class struggle. His work remains controversial in Europe but is presented by China as central to its way of governing.