Brazil's President-elect Dilma Rousseff said on Wednesday she is in no hurry to name a cabinet before taking office on January 1. Her mentor President Lula da Silva promised to leave a “stable economic situation”.
President Barack Obama said he believes US voters are feeling frustrated with the pace of economic recovery, after mid-term poll losses. The Republicans captured 60 seats to take control of the House of Representatives. The Democrats clung on to the Senate despite losing seats.
Brazil said on Wednesday it was worried by the US Federal Reserve's plan to buy billions more dollars in bonds, saying the US policy of easy money could lead countries to enact protectionist policies.
The Argentine Congress held Wednesday evening special sessions in memory of former deputy, Justicialist Party leader, and Union of South American Nations Secretary-General, Néstor Kirchner.
Colombia’s government and central bank announced new measures to stem a rally in the peso after President Juan Manuel Santos expressed concern its appreciation is hurting exporters and job growth.
Peru’s former Finance Minister Mercedes Araoz said she will run for president next year as a candidate for President Alan Garcia’s Apra party. The independent candidate was proclaimed this week as presidential candidate by Apra’s Executive Committee and thus joins the growing rank of women presidents and candidates in the region.
Venezuelan President Hugo Chavez announced the nationalization of steelmaker Sidetur and of several real estate developers that failed to complete housing projects.
Elements of the British press have expressed concern that despite close political ties at present, a 50-year military treaty with France could jeopardize Britain’s ability to react independently, for example in the Falkland Islands, according to France 24-International News which makes a summary of the British press reactions.
The incident occurred in the House of Commons and involved UK Defence Secretary Liam Fox and Labour MP Thomas Docherty, as was reported by James Kirkup in the Daily Telegraph.
Support for Chilean President Sebastian Piñera rose to new highs in October after the dramatic rescue of 33 trapped miners, a poll showed Tuesday, strengthening his hand as he pushes his first budget through Congress.