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Throughout a United Nations (UN) session, the Venezuelan federal government advised to repeal coercive procedures, arguing that they add to increased poverty and inequality in the nations impacted by such sanctions.JoaquÃn Perez also expressed issue over the growing implementation of these coercive actions, asserting that they weaken multilateralism.
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Read more: Venezuela appeals to UN over boost in poverty and inequality due to coercive steps
Write comment (97 Comments)Argentina’s ruling Frente de Todos party will now be known as Unión por la Patria (Union for the Homeland).
This decision comes after a series of focus groups and meetings, aiming to underscore political unity amid some differences between President Alberto Fernández and Vice President Cristina Fernández de Kirchner.
Argentine ruling party rebrands- Details
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Read more: Argentine ruling party rebrands as Unión por la Patria for future elections
Write comment (91 Comments)The Brazilian federal government has designated the Central Bank as the regulative body for the cryptoasset market, incorporating cryptocurrencies like Bitcoin, platforms such as Ethereum, and non-fungible tokens (NFTs). The announcement was confirmed in a decree released in the recent edition of the Official Gazette.The decree, bearing the signatures of
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Read more: [Brazil] - Brazilian Central Bank to control cryptoasset market
Write comment (95 Comments)President Nayib Bukele of El Salvador has sanctioned and signed the Special Law for Municipal Restructuring, set to lower the variety of towns in the country from 262 to 44. The president took to Twitter to reveal the signing of the law, stressing the historical nature of this substantial administrative reform.The legislation was
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Read more: El Salvador's President sanctions law for major political administrative overhaul
Write comment (100 Comments)Standard - & Poor's (S&P) Global Ratings upgraded Brazil's credit outlook from steady to favorable on Wednesday, marking the first such upgrade considering that 2019. Regardless of this positive shift, the firm maintained the nation's sovereign credit rating at BB- , a status that still indicates a speculative grade . The revised outlook signifies that
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Brazil is forecasting to reach US$ 10 billion in trade deals with Russia by the time of President Vladimir Putin's anticipated visit in 2024, according to Brazil's Deputy Foreign Minister Laudemar GonÑalves de Agiar Neto.As Russia is a significant exporter of fertilizers and Brazil is a prominent importer, Brazil expects to ramp up its procurement.The
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Read more: [Brazil] - Brazil prepares for US$ 10 billion trade with Russia ahead of Putin's see
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