The Federal Reserve is close to hitting its targets for US employment and 2% inflation, according to the central bank's vice chairman, Stanley Fischer. In a speech in Colorado, the Fed's number two policymaker was upbeat about the economy's recovery and prospects.
Paraguay's foreign minister Eladio Loizaga anticipated that the Mercosur coordinators meeting scheduled to take place this Tuesday in Montevideo, will be definitive since a proposal to solve the current acephaly of the block's presidency which was self proclaimed by Venezuela and questioned by other members, will emerge.
The commercialisation of the Sea Lion Oil Field off the Falkland Island’s continues to take steps forward as Premier Oil prepares a detailed project proposal to be submitted to the Falkland Island’s Government (FIG). Premier Oil has been undertaking public consultations in the Falklands over the past week as part of their Environmental Impact Assessment, which will support their application to FIG to proceed with oil development.
Visiting president of the European Parliament Martin Shultz called on his Argentine hosts to leave behind those chapters with no dialogue and concentrate on Mercosur/EU trade and cooperation negotiations that have been stalled for almost twenty years, taking advantage of an Argentina opened to the world and an ally when international relations are being redefined.
Rio do Janeiro is the marvelous city, the heart of Brazil, are the lyrics of the song which identifies the sublime and the misery of Latin America's biggest country with the largest economy. This Sunday ended the almost three weeks 31st Summer Olympics hosted for the first time by a non developed country, and contrary to fears and uncertainties ended as a complete success, winning the hearts of all those who shared the Rio Games.
With the Rio Olympics over, Brazil’s attention returns to its long-running political drama as the country’s Senate starts the final phase of suspended President Dilma Rousseff’s impeachment trial, a proceeding widely expected to permanently remove her from power.
Buenos Aires daily La Nación is in the midst of a controversy and has suffered a barrage of criticisms following its announcement that the yacht La Sanmartiniana, closely linked to Kirchnerism militant activities, currently in the Malvinas Islands will return to Argentina.
Peru’s Judiciary overturned an eight-year sentence against former president Alberto Fujimori for alleged diversion of public funds to tabloids to facilitate his second re-election in 2000. The Supreme Court said in a ruling “there isn’t enough material evidence” to declare any criminal responsibility of Fujimori, who is serving another 25-year sentence in prison for crimes against humanity.
The British Embassy in Chile participated at the mining conference Medmin to strengthen the importance of British innovative solutions for the mining sector in a country which is highly dependent on minerals and is the world's leading exporter of copper.
For the first time since a cholera epidemic believed to be imported by the United Nations peacekeepers began killing thousands of Haitians nearly six years ago, the office of Secretary General Ban Ki-moon has acknowledged that the United Nations played a role in the initial outbreak and that a “significant new set of U.N. actions” will be needed to respond to the crisis.