The United Kingdom and Chile signed on Wednesday in Santiago a trade continuity agreement that will see British businesses and consumers benefitting from preferential trading arrangements with Chile after Britain leaves the European Union. Ambassador to Chile Jamie Bowden and Chilean Foreign Minister Roberto Ampuero stamped the agreement.
With an average score of 44 for three consecutive years, the Americas region continues to fail in making any serious inroads against corruption, according to the latest report from Transparency International. Compared to other regions, the Americas is similar to Asia Pacific (average score: 44), but behind Western Europe and the European Union (average score: 66).
Latin American stocks rose on Tuesday, outperforming world stocks that struggled to hold gains ahead of keenly awaited U.S.-Sino trade talks, earnings of top technology companies and an impending U.S. Federal Reserve decision on interest rates.
Russia joined on Friday to countries that offered to safeguard peaceful mediation between the government of President Nicolás Maduro and the President of the National Assembly, proclaimed interim president of Venezuela, Juan Guaidó. The government of Vladimir Putin said that they are prepared to cooperate with all global forces acting responsibly, RIA news agency reported.
With the launch of CNN Brazil, Latin America's biggest TV market is set to be roiled by the entry of a powerful new player looking to challenge the dominance of current leader Globo News. Its arrival, announced this month, comes at a high-voltage time for Brazil as it undergoes an abrupt swerve to the right under President Jair Bolsonaro, a pro-business ultraconservative who took office at the beginning of January.
Brazil’s president Jair Bolsonaro and Argentina’s president Mauricio Macri said they agreed to continue integrating their economies (number one and two in South America), as strategic partners, by “perfecting” the Mercosur trade block and pressing ahead with negotiations that are already underway, such as the ongoing free trade and cooperation agreement with the European Union.
Latin American stocks in the region's main markets closed on Tuesday at new highs on the positive outlook for the ongoing US/China trade talks in Beijing. Brazil's Bovespa index ended trading above 92,000 points for the first time ever after hitting several record highs last week.
Brazil’s new President Jair Bolsonaro said that he would be open to the possibility of the United States operating a military base on his country’s soil, a move that would form a sharp shift in direction for Brazilian foreign policy.
Academics of the Central University of Venezuela (UCV) debated between December 20 and 26 on the constitutional end of Nicolás Maduro's office term between 2014-2019 and propose three clear lines against the question of the oath of office on the 10th of January. The new period (2019-2025) won't be recognized by the International Community.
The number of slums in Chile, one of Latin America’s most prosperous and stable economies, has nearly doubled since 2011, the government said, as an influx of migrants increasingly faces a lack of low-income housing and rising rents.