The pound hit its lowest level against the dollar in almost seven years on concerns about a possible UK exit from the European Union. At one stage the pound was down as much as 2.4% at $1.4058, its lowest level since March 2009, before later recovering.
President Dilma Rousseff's main coalition partner, the fractious Brazilian Democratic Movement Party (PDMB), re-elected a key ally of hers as its leader in the lower house of Congress last week, enhancing her chances of blocking impeachment.
Argentine President Mauricio Macri spoke with The Washington Post’sOn support for Lilian Tintori, Venezuela always cared for our human rights. So I am doing exactly what they have done in the past for us.in his office in the Casa Rosada, Argentina’s White House, about the economy, Venezuela and alleged Iranian terrorists in Buenos Aires. Edited excerpts follow.
The administration of president Mauricio Macri is optimistic that Congress will lift the Padlock Law (Ley Cerrojo) clearing the way for Argentina’s long-standing dispute against so called speculative funds to be settled, Cabinet Chief Marcos Peña said.
The Argentine chapter of Amnesty International (AI) joined the human rights groups that have criticized the new guidelines unveiled by President Mauricio Macri's Security Ministry to handle protests, saying that it was unconstitutional as it restricts key rights, including freedom of the press by limiting the role of journalists.
Unemployment in Brazil was 9% during the September-November rolling quarter, unchanged from the August-October period, the Brazilian Institute for Geography and Statistics reported.
British Prime Minister David Cameron will face MPs later as he presents his case for the UK remaining within a reformed European Union. The PM will outline details of last week's deal with EU leaders, which paved the way for him to call a referendum on EU membership on 23 June.
President Evo Morales of Bolivia has narrowly lost a referendum to allow him to stand for a fourth term in office, exit polls suggest. One poll suggests 52.3% voted against the proposal to amend the constitution, while another suggests it was 51%. However, Morales's deputy has predicted Bolivia's first head of state of indigenous origin could still win, as official results trickle in.
Brazil’s government-owned oil giant Petrobras should cede some of its drilling rights to foreign firms, Royal Dutch Shell Oil CEO Ben van Beurden was quoted saying in Estado de Sao Paulo newspaper.
Foreign minister Susana Malcorra said that analyzing the different scenarios in the UK regarding the Falklands/Malvinas sovereignty dispute, there is a horizon of possibility for Argentina to have a dialogue on the issue.