Argentina's economic activity jumped 7.8% in May from a year earlier, according to the country’s questioned stats office, Indec. President Cristina Fernandez had anticipated the news earlier in the week in a televised speech.
The Barack Obama administration won’t file a brief next week urging the U.S. Supreme Court to hear Argentina’s appeal in a clash with implications for tens of billions of dollars in defaulted debt, according to a Justice Department spokesman.
More than one million people were murdered in Brazil between 1980 and 2011, making it the world’s seventh-most violent country, according to the Map of Violence survey. In that period the homicides soared 132% to claim 1,145,208 lives, from a rate of 11.5 murders for 100,000 inhabitants in 1980 to 27 per 100,000 in 2011.
Despite the pope is Argentine and on Monday he will be making his first pastoral trip overseas to Brazil, Argentine government strict currency controls are making it difficult for prospective pilgrims to travel. An estimated 60.000 Argentines are expected to travel to Rio do Janeiro for the grand event.
Pope Francis, moving to overcome major crises in the Holy See, set up a special commission to reform its economic and administrative departments, the Vatican said on Friday.
Brazilian Finance Minister Guido Mantega said that Fitch's decision to maintain the country’s debt outlook at stable was fair given Brazil robust finances and lesser debt burden.
Brazil's Catholic population has declined since 2000 while its Protestant population has grown during the past two decades, a Pew survey fund.
Bolivia's President Evo Morales apologized to Brazil Friday for a 2011 incident in which authorities searched a Brazilian military aircraft for drugs. Brazil lodged an official complaint several days ago as Morales was demanding apologies from European countries for blocking his flight home from Moscow earlier this month.
Italy and Portugal have officially apologized for involvement in illegally re-routing the plane carrying Bolivian President Evo Morales earlier this month during a flight home from Moscow. On 3 July a number Western European countries closed their airspace to the presidential aircraft on a false suspicion that leaker of US electronic spying Edward Snowden was onboard, forcing the plane to land in Vienna.
The latest round of public opinion polls for the coming mid term elections next October in Argentina don’t fare well for President Cristina Fernandez particularly in the country’s four main electoral circumscriptions, Buenos Aires province, Buenos Aires City, Santa Fe and Cordoba.