Brazilian President Dilma Rousseff pledged to hold talks with her growing number of critics and said her embattled government needed to show humility, after the Sunday massive protests erupted across the country.
France, Germany and Italy on Tuesday announced plans to join the Chinese-led development bank AIIB, drawing concern in Washington which views the institution with skepticism. The three European countries want ”to become founding members of the Asian Infrastructure Investment Bank (AIIB)”, they said in a statement.
The credibility of the United States is at risk if Congress fails to approve International Monetary Fund quota and governance reforms, Treasury Secretary Jacob Lew warned on Tuesday. For more than two years the US Congress has prevented the 2010 IMF reforms from taking effect.
Citigroup Inc announced on Tuesday it plans to exit its custodial business in Argentina as soon as possible, after a US judge refused to lift an injunction that blocked the bank from processing interest payments on 2.3 billion of Argentina bonds, issued under Argentine law.
Argentine jurist Fabian Salvioli was unanimously elected on Tuesday to lead the UN Human Rights Committee. The 51-year-old lawyer will be presiding over the UN body for one year. Salvioli has been a member of the UN Human Rights Committee since 2009.
An Argentine presidential hopeful Mauricio Macri has vowed to eliminate the restrictions on the purchase of foreign currency that the Cristina Fernandez has carried out since 2011, and anticipated there will be ‘dollars in excess’ if he gets elected president in October this year.
Victims' families and survivors of the 1992 terrorist attack against the Israeli Embassy in Buenos Aires City have reiterated their demands for justice on the 23rd anniversary of the bombing, pointing out that those responsible have still not been identified two decades later.
The first British nuclear submarine to fire at Argentine battle cruiser General Belgrano during the Falkland Islands conflict is to be exhibited at a memorial centre, the UK-based Sunday Express reported on Sunday. The HMS Conqueror — known for having contributed to sinking of the Argentine cruiser, at the cost of 323 lives — is due to be allocated in a commemoration to the British fleet used during 1982 South Atlantic conflict.
Brazilian prosecutors have formally charged the treasurer of the ruling Workers' Party and 26 others with corruption linked to state-run Petrobras, in the latest blow to President Dilma Rousseff from the widening scandal.
Argentine president Cristina Fernandez, on the campaign trail ahead of October’s national elections, announced on Monday the creation of a new fund which will reduce by up to 50% the 'retention' taxes on exportation rights paid by small and medium agriculture farmers.