Latin America

• Monday, July 22nd 2024 - 22:09 UTC

  Lula criticizes Maduro's “bloodbath” threat ahead of Venezuelan Elections

  

  Brazilian President Luiz Inácio Lula da Silva expressed alarm at Venezuelan President Nicolás Maduro's recent remarks suggesting potential violence if he loses the upcoming election. Speaking in an interview with international news agencies, Lula condemned Maduro’s statements, which included threats of a “bloodbath” and “civil war,” as dangerous and unacceptable.

• Monday, July 22nd 2024 - 08:24 UTC

  Bolivian gov't planning new moves to tackle soaring US dollar

  

  The Bolivian Government of President Luis Arce Catacora is taking bold steps to keep the exchange rate between the local currency and the US dollar from soaring any further, Planning Minister Sergio Cusicanqui said Sunday. “In view of the speculative scenario of the US currency, it is necessary to examine what is happening and take other measures from the Government,” the minister explained.

• Saturday, July 20th 2024 - 11:42 UTC

  LatAm countries concerned over harassment and persecution of opponents in Venezuela

  

  Uruguay, Argentina, Costa Rica, Guatemala, and Paraguay Friday signed a declaration expressing these countries' concern over the mounting “harassment and persecution” the Venezuelan regime of President Nicolás Maduro is exerting on opposition leaders ahead of the July 28 elections which most pollsters foresee he is bound to lose.

• Thursday, July 18th 2024 - 10:53 UTC

  Bolivia claims to have discovered a massive natural gas field

  

  Bolivia’s President Luis Alberto Arce announced on X a massive discovery of a natural gas field, “the largest find in the country since 2005”. Bolivia’s state-owned hydrocarbons company YPFB described it as the biggest gas find in nearly two decades and could become the country’s third-largest producing field. 

• Tuesday, July 16th 2024 - 20:19 UTC

  Argentina's economic fall worse than expected, IMF foresees

  

  According to the latest issue of the International Monetary Fund's World Economic Outlook (WEO) report, Argentina's Gross Domestic Product (GDP) is expected to fall 3.5% in 2024, which represented a setback from the 2.8% predicted back in April. Regarding next year, the IMF kept the 5% growth projection unchanged.

• Tuesday, July 16th 2024 - 09:22 UTC

  Brazilian Ambassador to BA summoned by Lula and Vieira

  

  Argentine President Javier Milei's attitude of speaking his truth at any cost is about to take its toll on the diplomatic front, as confrontations with Brazil and Bolivia flare up with a possible reshaping of the current scenario in the near future.

• Tuesday, July 16th 2024 - 08:22 UTC

  Possible escalation of conflict between Venezuela and Guyana over Essequibo feared in Brazil

  

  The delivery to Brazil of Israeli-built missiles has been linked to fears that the dispute between Venezuela and Guyana over the oil-rich Essequibo region might escalate in the wake of the fudgy July 28 elections. With the most prominent opposition politicians disenfranchised, Caracas might fuel an international conflict to cover up for the domestic unrest expected to unfold, it was hinted.

• Monday, July 15th 2024 - 10:55 UTC

  Injured Messi still lifts Copa America trophy for the second time in a row

  

  Despite lacking megastar Lionel Messi for almost half of Sunday's duel, defending champions Argentina retained the Copa America with a 1-0 victory over Colombia. Lautaro Martínez scored the only goal during extra time and only eight minutes from the end following a through ball from fellow substitute Giovani Lo Celso.

• Monday, July 15th 2024 - 10:39 UTC

  Alberto Fujimori to run for President of Peru in 2026, daughter announces

  

  Former Peruvian President Alberto Fujimori will seek a third term in office in 2026, his daughter and former presidential candidate Keiko Fujimori announced Sunday. Regarding her father's disenfranchisement given his numerous criminal convictions, Keiko insisted she would leave those matters up to their legal team. The octogenarian leader also faces several health issues.

• Saturday, July 13th 2024 - 10:22 UTC

  Argentina tops list of LatAm countries with the highest inflation for the 9th straight month

  

  Argentina was found to boast the dubious honor of topping the list of Latin American countries with the highest inflation for the ninth month in a row after Friday's release by the National Institute of Statistics and Census (Indec) of the latest report regarding June's figures. The CPI went up 4.6% while all the other countries recorded variations below one digit.