The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation expectations held steady.
The Lima Group, a regional bloc comprised mostly of Latin American nations, said on Tuesday that it does not “recognize the legitimacy or legality of the National Assembly installed on January 5” in Venezuela.
Argentina is holding the pro tempore rotating chair of Mercosur during the next six months and three are its main objectives during that period according to foreign ministry sources in Buenos Aires. They include Bolivia, the Falklands/Malvinas claim and trade accords and negotiations with other countries.
The International Contact Group issued a statement on Tuesday to reject the parliamentary elections organized by the dictatorship of Nicolás Maduro last Sunday in Venezuela. The block indicated that the electoral process did not comply “with the conditions accepted internationally, nor with the Venezuelan laws.”
Luis Arce was sworn in as Bolivia’s new president on Sunday, bringing to a close a turbulent period characterized by political and social turmoil after former president Evo Morales left the government in November following a disputed election.
Néstor, in history and in my heart, said Argentine President Alberto Fernández emotionally, along with a video recalling his relationship with his former political mentor, former President Néstor Kirchner (2003-2007) on the tenth anniversary of the former president's surprising death.
Countries of Latin America and the Caribbean must continue to ratchet up stimulus to beat back the devastating economic impacts of the coronavirus pandemic, the UN agency ECLAC said in a report issued this week.
The resignation of the Argentine ambassador to Russia, Alicia Castro, in protest over the decision of the government of President Alberto Fernandez to condemn the Venezuelan regime for repeated human rights violations, “constitutes a dramatic turn in our foreign policy and does not differ at all with what would have been voted by ex-president Macri”.
The display of a stand promoting the disputed “Islas Malvinas” as a British dependency, at the UK pavilion in a Uruguayan agriculture and productions show, was rejected by the Argentine government.
South American carrier LATAM has suspended ticket sales on 23 routes across its network, including several domestic routes within Chile and international routes from Brazil, Chile and Peru. At the same time, the Santiago-headquartered carrier has made the bold move to suspend international destinations from five Argentinean destinations to the carrier’s hubs in Santiago, Lima and Sao Paulo until 2021.