Leading automakers on Monday called on the Trump administration and Congress to resolve trade disputes, and end the US government shutdown, saying political uncertainty is costing the industry, Reuters reports.
Mexico’s new government avoided major surprises in its closely watched first budget, sticking to promises made to investors who have been jittery about plans for Latin America’s No. 2 economy.
Peruvian President Martín Vizcarra Wednesday announced a set of political reforms after most of his proposals drew overwhelming support in last Sunday's referendum.
Right-wing President-elect Jair Bolsonaro said on Tuesday he plans to tackle the overhaul of Brazil's fiscally burdensome pension system with piecemeal reforms that can pass Congress, starting with an increase in the minimum age of retirement. He said reforms should start with the public social security system and advance gradually to make sure they pass Congress.
Brazil's right-wing president-elect Jair Bolsonaro picked retired General Carlos Alberto dos Santos Cruz as his minister in charge of political relations with Congress, and military engineer Tarcisio Freitas as his infrastructure ministry, a fifth and sixth military to his cabinet.
Argentina will pay for unforeseen increases in the cost of cooking gas following public outrage and opposition in Congress to stymie the plan which would have seen consumers paying increased gas prices in 24 installments from January 2019.
All eyes are set on Sunday October 7 presidential election, but Brazilians will also be electing, 27 governors, 54 senators and 513 legislators, and Congress wields considerable power and since 2016 has decided the fate of two presidents: to impeach Dilma Rousseff for juggling with budget numbers and to shield Michel Temer from corruption charges.
Evangelical voters are expected to play a decisive role in Brazil’s Oct. 7 presidential election as new rules ban corporations from making direct contributions in the wake of a graft scandal. With their numbers and clout growing, and the “evangelical bloc” in Congress accounting for 15% of federal lawmakers, evangelical supporters have become the focus of leading candidates.
In Brazil's general elections approach, a new social network is gaining traction aimed at giving greater visibility to black candidates while highlighting anti-racism initiatives in the country tainted by racial prejudice. Black & Black, which has 100,000 users -- in a population of more than 200 million -- aims to connect the demands and narratives of the world's black population and to ensure that black people get the prominence they deserve.
Argentina’s central bank sold US$ 261 million in reserves on Tuesday, the monetary authority said in a statement announcing its latest intervention in the foreign exchange market aimed at easing the fall of the local currency.