Investors in Argentina are starting to get the jitters. The gap in yield between local and U.S.-issued bonds has roughly doubled in the last month in the face of stubborn inflation and mounting peso outflows, heaping pressure on President Mauricio Macri ahead of elections later in the year.
Spain’s ruling Socialists would win 134 seats in the upcoming election due April 28, though would fall short of a majority in the 350-seat parliament forcing it to seek allies to pass legislation, a poll showed on Monday.
The head of Venezuela's ruling regime, Nicolás Maduro, asked the head of the National Assembly (AN), Juan Guaidó, recognized as interim president of the same nation by some 50 countries, to call presidential elections on Tuesday. Maduro's challenge is given because he believes he would defeat him and this would put an end to the dispute over the executive power that has marked an institutional crisis unprecedented in the Caribbean country.
Argentina's government, with one eye on elections later in the year, is getting tough on crime, and one figure is taking centre stage: the country's security tsar. Patricia Bullrich, 62, the security minister, is pushing a series of new tough-on-crime measures, including dropping the age for juvenile convictions, equipping cops with stun guns and trialling facial recognition at train stations.
Consulted on possible military option in Venezuela, the declared interim President of Venezuela, Juan Guaidó, told the CNN channel that all the options are on the table “to achieve the cessation of the usurpation”.
The US has warned Venezuela that any threats against American diplomats or opposition leader Juan Guaidó will be met with “a significant response”. National Security Adviser John Bolton said any such “intimidation” would be “a grave assault on the rule of law”.
Brazilian extreme right presidential candidate Jain Bolsonaro, who was stabbed during a political rally over a week ago and has since been under intensive care in the Albert Einstein hospital in Sao Paulo, had to undergo another emergency invasive intervention following high fever and accumulation of liquid in his abdomen.
Far-right candidate Jair Bolsonaro gained ground over his rivals in the first round of Brazil’s presidential election set for Oct. 7, a new poll showed on Thursday, though it remains unclear who he will face in an expected run-off vote on Oct. 28.
Brazilian far-right presidential candidate Jair Bolsonaro attacked the rival Workers Party (PT) and raised the prospect of voter fraud in an address on Sunday from his hospital bed in Sao Paulo, where he is recovering from an assassination attempt.
Brazil's currency closed at a record low of 4.197 to the US dollar on Thursday amid uncertainty and unpredictability surrounding next month's presidential elections. The previous record of 4.166 dated back to January 2016, during a two-and-a-half-year recession.