
Brazilian conglomerate Odebrecht SA's will use part of a 2.6 billion reais (US$709.96 million) bank loan to repay a loan in arrears with state-controlled bank Banco do Brasil SA, according to sources quoted by Reuters. Under the terms of an agreement announced on Friday, the engineering group, at the center of a corruption scandal, will repay a 100 million reais debt to Banco do Brasil.

Thousands of Argentines on Friday protested the government’s bid to secure a credit line from the International Monetary Fund, which they blame for hardship during a past financial crisis. Opposition parties, unions, human rights organizations and artists took part in the march near the capital Buenos Aires’ emblematic obelisk, under the banner “the country is in danger.”

The Organization for Economic Cooperation and Development (OECD) announced on Friday that Colombia would be officially invited to join the group. The Paris-based economic organization was founded in 1961 and has traditionally included industrialized nations, though in recent years it has extended its membership to emerging economies.

South Korea and Mercosur agreed to begin formal negotiations for a trade deal in the latter half of this year to facilitate commerce and investment, the Seoul government said on Friday. South Korea signed an agreement to launch the negotiations with four Mercosur member states -- Brazil, Argentina, Paraguay and Uruguay -- during a ceremony held in Seoul. Mercosur expelled Venezuela in 2016 for failing to meet its basic standards.

At least two people were killed and 50 wounded as clashes flared in Nicaragua after peace talks between the government and opposition collapsed, the Red Cross and victims' relatives said on Thursday.

Brazil's government said late Thursday that a deal had been reached with truckers to suspend a four-day-old strike that caused fuel shortages, cut into food deliveries, backed up exports and threatened airline flights.

A Spanish court has issued hefty prison sentences for politicians and business people involved in a kickbacks-for-contracts scheme that helped fund Spain’s governing party. The National Court’s decision is a major blow for Spanish Prime Minister Mariano Rajoy’s Partido Popular, fined 245,000 Euros because it benefited from the illegal scheme that was in place between 1999 and 2005.

Japan is encouraging more countries from Central and South America to join the reworked Trans-Pacific Partnership trade pact, in hopes of both capturing the potential of these markets and pressuring the U.S. to return to a framework it left last year.

Moving the Illex fishery into the ITQ system and improved catch verification requirements are among the recommendations made by an independent review of the Individual Transferable Quota (ITQ) system published by the Falkland Islands government, FIG, this week.

Most voters are in favor of the Union but believe Brexit has made the break-up of the United Kingdom more likely, polling has found. In England, 68% of adults backed the UK status quo followed by 66% in Wales, 59% in Northern Ireland and 52% in Scotland, according to the ICM research. But across the four nations, up to six out of 10 voters said Britain’s exit from the European Union had increased the prospect of the UK splitting up.