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Latin America

Argentina Targets Inflation Below 10%: A Milei Success Story

Argentina's economy is nearing a significant turnaround, with inflation rates expected to fall below 10% in April. This decrease is a testament to the government's...

Global Powers Eye Maritime Potential of Chile’s Punta Arenas

Punta Arenas, set against the backdrop of the Magellan Strait and snow-capped mountains, has evolved from a scenic port to a global maritime hub. This transformation is driven by blocked routes in the Middle East...

Bolivia’s Bid for Greater Influence in BRICS

During a significant visit to Russia, Bolivian Foreign Minister Celinda Sosa confirmed Bolivia's intention to join the BRICS bloc. BRICS, consisting of Brazil, Russia, India,...

Strike at Argentine Health Agency Disrupts Exports

Next Monday, a pivotal 72-hour strike will commence in Argentina, initiated by the State...

Paraguay’s Strategic Move in South American Energy

In a bold move to reshape the energy landscape of South America, Paraguay is pushing forward with an ambitious...

Argentina Slashes Tariffs to Propel Auto Industry Forward

Argentina has made a significant strategic move to enhance its automotive industry's global competitiveness. Under the leadership of Economy Minister Luis Caputo and President Javier...

Pemex Profits Plummet 92% in Early 2024

In the first quarter of 2024, Petróleos Mexicanos (Pemex) experienced a significant financial downturn. Profits plummeted by 91.7%, falling from...

General Motors Shifts Strategy in South America

General Motors (GM) officially declared that it will shut down its assembly operations in both Colombia and Ecuador. This decision...

Argentina’s Rising Tide of Debt

In 2023, Argentina faced a steep climb in its private external debt, soaring by...

Argentina’s Confidence Boosted by Second Rate Cut

In a bold move to combat skyrocketing inflation, the Argentine Central Bank has reduced its...

Ecuador Secures $4 Billion IMF Agreement Amid Economic Reforms

On April 25, 2024, Ecuador marked a significant milestone, securing a $4 billion deal with the International Monetary Fund...