
International Monetary Fund's executive board said on Tuesday that the Brazilian economy could be close to pulling out of a grueling recession, but faces a long and bumpy recovery that hinges on the approval of unpopular reforms. In its considerations of the IMF staff's annual report on Brazil, the executive board said that despite the new government's efforts to avoid a fiscal crisis they expected a gradual recovery in Latin America's top economy.

Donald Trump is expected to use his first meeting with a foreign leader as U.S. president-elect this week to try to reassure Japanese Prime Minister Shinzo Abe and other Asian allies rattled by his campaign rhetoric, advisers to Trump said. Abe, a political blue blood and veteran lawmaker, and Trump, a brash outsider with no diplomatic or government experience, have differences on policy issues such as free trade.

Cheaper imports from Mercosur and the recovering dairy market will push down EU beef production and prices, states in a long-awaited impact study released by the European Union. Dairy and pigmeat exports will see steady gains, says the report, which looked at the cost of 12 pending trade deals on EU agri-food markets.

Hugo Dolmestch, Chief Justice of the Chilean Supreme Court, must resign because he does not respect international humanitarian law, according to Alicia Lira, head of the Association of Relatives of Political Executees.

Despite what most Bolivians voted for on February 21, that is against the incumbent president being eligible to run for yet another re-election,

Argentine President Mauricio Macri spoke with US President-elect Donald Trump, who invited him to visit him in Washington next year. Argentina is a great country, and we will have the closest relationship between our countries in history, Trump reportedly said.

Ofelia Wilhelm, mother of former Argentine President Cristina Fernandez, is under judicial investigation for alleged irregularities worth millions of pesos to a firm of which she was a partner.

Former US spy agency contractor Edward Snowden said on Monday, that Donald Trump's election may increase the intrusiveness of domestic intelligence gathering and warned that the democratic checks and balances were losing ground to authoritarianism.

Argentina is a great country and Argentina and the US will have the closest relation in history, according to the official version from the administration of president Mauricio Macri who on Monday was on the phone with president elect Donald Trump to congratulate him on his presidential victory.

Argentine ex president Cristina Fernandez has desisted from appealing her prosecution on charges of fraudulent administration in detriment of the Argentine state in the so called “dollar futures” case involving the Central bank sale of US currency and demands an immediate oral trial.