The Mayor of Buenos Aires Mr. Horacio Rodríguez Larreta met his peer Sadiq Khan in London City Hall on Monday to discuss urban development strategies that both global cities are pursuing.
Ireland's Minister for Agriculture Michael Creed has expressed “grave concerns” about the offer of a beef tariff rate quota in last month’s round of European Union/Mercosur discussions, which he said gives rise to potentially very serious consequences for the Irish and EU beef sector in particular.
Argentina's central bank raised its policy rate to 28.75% on Tuesday, up from 27.25% previously, as inflation expectations rise, the monetary authority said in a statement. It was the bank's second consecutive hike after a long period of holding the rate steady.
Oil settled lower on Tuesday after rising to the highest since July 2015 the previous day, while tension flared between Saudi Arabia and Iran, and the Saudi crown prince tightened his grip on power.
Argentine president Mauricio Macri who has made signing trade deals a priority, said he was optimistic that Mercosur, the trade bloc formed by Argentina, Brazil, Paraguay and Uruguay, would be able to conclude a free trade deal with the European Union by year-end despite differences over beef, ethanol and other agribusiness matters.
Brazilian president Michel Temer admitted that the social security reform bill may not be put to a vote, but underlined that even if that is the case, the federal government will not be shut down.
A new system implemented by the World Bank to measure the number of people who live below the poverty line has meant that in Brazil the number has risen from 8.9 million to 45.5 million, which is almost a third of the population.
Support for democracy in Uruguay reached 70% this year, two points higher than in 2016, and leads in Latin America in its overall sustained commitment to democracy, according to the latest release from the Latinbarometer report.
The frontrunner for Chile’s presidency, billionaire businessman Sebastian Piñera, faces an array of left-wing parties in this year’s elections but he can expect help from one quarter - low turnout.
Finland's UPM and the Government of Uruguay have signed an investment agreement, which outlines the local prerequisites for a potential pulp mill investment. The agreement details the roles, commitments and time-line for both parties as well as the relevant items to be agreed prior to the final investment decision, reported the Finnish company in a release on Tuesday.