
Argentina’s wheat production is estimated at 14.4 million tons in 2016-17 and total exports are estimated at 8.03 million tons, the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Services (FAS) said in its latest report. The main market is expected to be Brazil, the historic, natural market for Argentine wheat and flour.

Brazil must push ahead with reforms, including a proposed cap on government spending and an overhaul of social security rules, to restore long-term order to public finances in Latin America's biggest economy, according to the country's finance minister.

The former Argentine president said she is no friends with entrepreneur Lazaro Baez, who was awarded around 80 percent of all public works in the province of Santa Cruz when governed by her late husband and eventually president Nestor Kirchner.

For the first time in at least two years, Venezuelan President Nicolas Maduro and his political team have met with several opposition leaders in attempt to defuse the country’s political crisis. The opposition’s main demand is to revive a suspended a recall referendum that could lead to the ouster of President Maduro. Tens of thousands of protesters took to the streets in recent days to support to recall effort.

Marcelo Crivella on Sunday won the mayor's race in Rio de Janeiro, beating leftist Marcelo Freixo by a wide margin. Crivella, with the Brazilian Republican party, garnered 59.35% of the votes to 40.65% for Freixo, who is with the Socialism and Freedom Party.

Bank of England governor Mark Carney says he will step down in June 2019. It means he will serve one additional year beyond the five-year term he committed to when he took the post, but will still be two years short of the usual eight years governors serve.

The UK economy grew by 0.5% in the three months after the Brexit vote, the Office for National Statistics (ONS) has said. The figure for July to September was down from the 0.7% growth recorded in the second quarter of 2016 - the months before Britain voted to leave the European Union.

The UK on Friday was successful in its bid for election to the UN Human Rights Council for the term January 2017 – December 2019. This follows an eleven month campaign, resulting in a high number of votes from countries around the world.

Argentine foreign minister Susana Malcorra thanked countries attending the XXV IberoAmerian summit in Colombia for their support to Argentina's sovereignty claim over the Falklands/Malvinas Islands and the compliance of UN resolutions calling for dialogue with the UK. A brief release from the Argentine ministry said “we are grateful for the support we have received from the IberoAmerican space on the Malvinas question”.

By Sam Roberts, The New York Times
Jorge Batlle, the brash scion of a political dynasty who had been groomed to be president of Uruguay since he was a teenager, got elected to the post on his fifth try and then audaciously presided over a pro-American administration that survived a brush with bankruptcy, died on Monday in Montevideo. He was 88.