Latin America
Argentine Industrialists Rally Behind Milei Amid Economic Turmoil
Amid economic challenges, Argentina's industrial leaders have reaffirmed support for President Javier Milei's administration.
Despite a challenging economic climate marked by recession and job losses,...
El Salvador Expands Global Diplomatic Footprint
On May 2, 2024, El Salvador made history by inaugurating its first embassy in Riyadh, Saudi Arabia.
This pivotal event marked El Salvador as the first Central American country to establish a diplomatic presence in...
Argentina’s Trade Dynamics: A Shift in 2024
In the first quarter of 2024, Argentina's trade landscape underwent significant transformations.
Exports surged by 18.6%, while imports plummeted by 19.9%, as per the National...
Latin Music’s Soaring Success: A Global Phenomenon
Latin music's revenue in the U.S. soared to $1.4 billion in 2023, marking a...
Paraguay’s Beef Market Expands
Amidst the global food market's volatility, Paraguay's beef industry marked a rise in the early months of 2024.
By April,...
Mercado Libre Surges with Stellar Q1 Earnings
Mercado Libre's net profit soared to $344 million in the first quarter of 2024, marking a 71% jump.
This financial feat significantly outpaced analyst projections,...
Argentina Lowers Interest Rates to 50%, Marking Third Cut Since April
This significant reduction is the fourth under Javier Milei's leadership, and notably, the third since April.
The decision not only...
Sanctions and Diplomacy: U.S. Revisits Venezuela Policy
The United States is reevaluating its sanctions on Venezuela due to recent political developments.
This reassessment follows the revocation of...
Modest Inflation Trends in Peru Through April 2024
As the first four months of 2024 unfolded, Peru experienced a modest inflation growth...
Colombia to Sever Diplomatic Ties with Israel
On Wednesday morning, Colombian President Gustavo Petro declared the severance of diplomatic ties with Israel...
Chile Unveils World’s Highest Observatory
On April 30, 2024, Chile inaugurated the Atacama Observatory of the University of Tokyo (TAO) at 5,640 meters in...
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