The global trend of substituting the US dollar with local currencies in trade transactions is speeding up as more countries are ditching the greenback. on Wednesday, Argentina said it will pay for Chinese imports in yuan instead of dollars to preserve its international reserves. In a meeting in Buenos Aires …
Read More »Lula to talk to Macron about peace agreement between Russia, Ukraine
Brazil President Luiz Inácio Lula da Silva has announced he would like to meet with French President Emmanuel Macron to discuss a potential solution to the ongoing conflict between Russia and Ukraine. The president is on an official trip to Spain where he participated in a business forum held in …
Read More »Mexican president, with COVID, expected to resume activities this week
Mexican President Andres Manuel Lopez Obrador may return to normal activities as soon as this week as his COVID-19 symptoms improve, a top government official said Wednesday. Lopez Obrador on Sunday said he had tested positive for the virus, his third known infection, and would take a few days off. …
Read More »Archaeologists in Peru find adolescent mummy wrapped in bundle
Peruvian archaeologists unearthed a more than 1,000-year-old mummy on the outskirts of the modern capital on Monday, in the latest discovery dating back to pre-Inca times. The mummy was probably an adolescent and found in an underground tomb wrapped in a funerary bundle, along with ceramics and rope and bits …
Read More »Peru’s ex-president returned home to face corruption charges
Former President Alejandro Toledo arrived in Lima Sunday after being extradited from the United States to face charges he allegedly received millions of dollars in bribes in a giant corruption scandal that has ensnared four of Peru’s ex-presidents. Toledo, who was Peru’s president from 2001 to 2006, had surrendered to …
Read More »Russian FM urges nations to unite against US-led sanctions ‘blackmail’
Russian Foreign Minister Sergey Lavrov has called on like-minded countries to join forces against the “blackmail” of Western sanctions during a visit to Venezuela as part of his tour of Latin America. “It is necessary to join forces to counter the attempts of blackmail and illegal unilateral pressure of the …
Read More »Brazil’s Lula says economy to grow ‘more than pessimists think’
Brazilian President Luiz Inacio Lula da Silva said on Monday he believes the country’s economy will grow “more than pessimists think,” noting he does not agree with forecasts of a slow gross domestic product growth. Lula said at a meeting with ministers his administration would announce further moves next week …
Read More »China, Brazil reach deal to de-dollarize trade
China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said Wednesday, Beijing’s latest salvo against the almighty greenback. According to Press TV, the deal will enable China, the top rival to US economic hegemony, and Brazil, …
Read More »China, Brazil reach deal to de-dollarize trade
China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said, Beijing’s latest salvo against the almighty greenback. The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin …
Read More »Mexican president brands Americans as ‘liars’
Washington believes it’s the “government of the world,” Andres Manuel Lopez Obrador has claimed Mexican President Andres Manuel Lopez Obrador has bristled over his government being accused by the US State Department of human rights abuses, and dismissed his country’s neighbors to the north as “liars.” Speaking at a press …
Read More »Honduras to establish diplomatic ties with China
Honduras will establish diplomatic relations with mainland China, President Xiomara Castro said Tuesday, a move that would result in the severing of longstanding official ties with Taiwan. Castro wrote on Twitter that she had instructed Foreign Minister Eduardo Reina “to undertake the opening of official relations with the People’s Republic …
Read More »Hundreds of migrants attempt to storm the US-Mexico border
Hundreds of people tried to storm the US-Mexico border on Sunday, after a rumor that migrants would be allowed to cross into the United States. Around noon, a large crowd of mainly Venezuelans began to gather near the entrance of a bridge connecting Mexico’s Ciudad Juarez to El Paso, Texas …
Read More »FBI: Four Americans Shot At, Kidnapped in Northeast Mexico
Four American citizens were shot at and kidnapped by armed men after driving across the U.S. border into northeastern Mexico, the FBI said Sunday. The Americans crossed into Matamoros, in Tamaulipas state, on Friday, driving a white minivan with North Carolina license plates, the U.S. Federal Bureau of Investigation said …
Read More »27 injured in attacks on Peru’s police station, military base
Several hundred protesters have attacked a police station, a military base and a courthouse in southeast Peru, injuring at least 27 people. Around 300 demonstrators set fire to a police station in the Chucuito District of the Puno Province at around 11:40 a.m. local time (16:40 GMT) on Saturday, the …
Read More »Argentina cancels agreement with United Kingdom, re-asserts Falkland sovereignty claim
Argentina has notified the United Kingdom that it has unilaterally ended a 2016 pact regarding the disputed Malvinas (Falkland) Islands, a move British officials described as “disappointing.” During a meeting on the sidelines of the G20 Foreign Ministers’ Summit in New Delhi, India, Foreign Minister Santiago Cafiero formally notified his …
Read More »Death toll from Brazil downpours hits 48, dozens still missing
The death toll from heavy rains that devastated coastal areas of Brazil’s southeastern Sao Paulo state reached 48 people, official figures showed on Wednesday, but dozens were still missing as search and rescue efforts continued. “We are currently working with a tally of at least 38 missing people,” Sao Paulo …
Read More »Heavy rains leave dozens dead in Brazil as cities cancel Carnival
Heavy rain caused flooding and landslides that have killed 36 people in Brazil’s north Sao Paulo state, officials said Sunday, and the fatalities could rise. Sao Paulo state government said in a statement that 35 died in the city of Sao Sebastiao and a 7-year-old girl was killed in neighboring …
Read More »Ecuador: Indigenous villages fight ‘devastating’ mining activity
Government’s failure to regulate mining has damaged the environment and human health, community members say. As a child, Leo Cerda would spend his mornings helping his family cultivate cassava, plantains and other fruits and vegetables in their chakra, a traditional garden in Kichwa communities. In the Ecuadorian village of Napo, …
Read More »22 dead, hundreds injured in Chile wildfires that continue to spread
As of Saturday morning, there were 251 wildfires raging throughout Chile, 151 of which were under control, according to Chile’s Senapred disaster agency. Chile extended an emergency declaration to yet another region on Saturday as firefighters struggled to control dozens of raging wildfires that have claimed at least 22 lives …
Read More »Brazil and Argentina to develop common currency to reduce reliance on US dollar
Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader, Alberto Fernandez, said in a joint article they penned. “We intend to overcome the barriers to our exchanges, simplify and modernize the rules and encourage …
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