Argentina delegation travels to Washington for IMF talks

BUENOS AIRES (Reuters) -A delegation from Argentina’s Economy Ministry traveled to Washington on Tuesday to finalize details on the goals and disbursements involved in a $44 billion International Monetary Fund (IMF) loan, a government spokesperson said. The delegation includes Deputy Economy Minister Gabriel Rubinstein, and top adviser Leonardo Madcur, they said. The IMF confirmed through…

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New dawn for EU, Latam clouded by wrangling over war in Ukraine

By Andrew Gray and Marine Strauss BRUSSELS (Reuters) – European, Latin American and Caribbean leaders proclaimed a new era of increased political and economic cooperation on Tuesday but their summit meeting was clouded by wrangling over how to address Russia’s war in Ukraine. The gathering of some 50 leaders from the three regions in Brussels…

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Spanish court orders immediate extradition of Venezuela’s ex-spymaster to U.S

MADRID (Reuters) – Spain’s High Court on Tuesday ordered that global police agency Interpol immediately extradite a former director of Venezuelan military intelligence to the United States, where he is wanted on drug trafficking charges, from Spain. The decision comes after the European Court of Human Rights last week denied an effort by Hugo Carvajal…

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World Bank chief Banga unveils new plans to boost lending ‘firepower’

By Andrea Shalal (Reuters) – World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank’s balance sheet and help countries tackle climate change and other challenges, but said a capital increase would still eventually be needed. Banga, a former Mastercard CEO who took over the helm of the World Bank on…

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Brazil’s economic activity surprises negatively with 2% decline in May

BRASILIA (Reuters) – Economic activity in Brazil declined in May, showed a central bank index on Monday, signaling a non-linear trajectory for the country’s growth, even as analysts have been consistently revising their forecasts upward for the year. The IBC-BR economic activity index, a key gauge of gross domestic product (GDP), declined by a seasonally…

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Mexican president urges Mexican-American voters to reject Abbott over border spat

MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Monday urged Mexican-Americans not to vote for Texas Governor Greg Abbott in response to Texas putting a barrier of orange buoys in the Rio Grande to stop migrants crossing into the United States. Mexico’s incoming foreign minister, Alicia Barcena, said last week that the barrier…

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Mexico intercepts over 500 migrants in two days

By Brendan O’Boyle MEXICO CITY (Reuters) – Mexican authorities on Sunday said they intercepted over 500 migrants in two days in the eastern state of Veracruz as authorities crack down on the transportation of migrants toward the United States in unsafe conditions. Authorities found 206 migrants abandoned in a tractor-trailer on Saturday in the town…

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