Argentine president Cristina Fernandez praised on Thursday the agreement reached with Paris Club creditors and said that the government will now turn to international credit markets to finance “infrastructure, development, and technology.”
Uruguay closed on Thursday the primaries election campaign ahead of Sunday's vote when the different parties will be choosing their candidates for the big presidential contest on the last Sunday of October. Whoever is elected in October or in the November run-off will succeed President Jose Mujica on March 2015.
French Finance Minister Michel Sapin praised Argentina’s agreement with Paris Club creditors, saying it highlights the country’s effort to “normalize its relations with creditors.”
Former Bank of Israel Governor Stanley Fischer was sworn in as a member of the Federal Reserve's board this week, buttressing the U.S. central bank's depleted policymaking ranks as officials map out plans to exit from their extraordinary stimulus.
Supreme Court Chief Justice Joaquim Barbosa, who with an iron hand presided over a well-known corruption trial that resulted in important politicians going to jail, will step down from the bench this year, Brazil's Senate leader said Thursday.
Hailing the “long and proud” history of United Nations peacekeeping – with over one million “blue helmets” having served in more than 70 operations on four continents since 1948 – Secretary General Ban Ki-moon led the Organization on Thursday in honoring those men and women who lost their lives in the past year, while looking to the future, envisioning a modern, global force that can effectively tackle emerging peace and security challenges.
Brazilian president Dilma Rousseff ordered the Army, which already occupies several of the favelas (shanty towns) in Rio do Janeiro to move in and take responsibility for airports and hotels that will be hosting the 32 national teams competing for the World Cup.
Argentina was formally invited to take part in a BRICS summit to be held in Brazil next month. The Kremlin also ratified support to Buenos Aires in its long-standing dispute with the UK over the sovereignty of the Malvinas Islands.
Uruguay's vice-president Danilo Astori said that Argentina is the most protectionist country in the region and again questioned the effectiveness of Mercosur arguing that Uruguay can't forget the region but can't be expected to remain idle.
The US House of Representatives passed legislation on Wednesday, to impose sanctions on Venezuelans responsible for human rights abuses during anti-government protests, despite Obama administration worries that they could threaten talks seeking to ease the unrest.