The Ecuadorian Government of President Guillermo Lasso will seek Sunday to revamp an administration with waning popularity through a referendum whereby the citizenry is to allegedly set the guidelines for the future steps of the conservative head of state.
With a Consumer Price Index (CPI) for January 2023 expected at 5.6%, Argentina's Central Bank (BCRA) issued a report Friday forecasting that inflation for the entire year would be 97.6% while the country's Gross Domestic Product (the sum of all services and goods traded) will only grow by 0.5%.
Brazil finally sank in a controlled manner the hull of what once was the pride of the South American country's Navy: the aircraft carrier São Paulo, also known as Foch during her time with the French Navy.
After Senator Marcos Do Val (Podemos-ES) claimed to have participated in a meeting with former President Jair Bolsonaro to discuss a coup d'état, Brazil's Supreme Federal Court (STF) Justice Alexandre De Moraes ordered Friday an investigation into such allegations.
Foreign Ministers Santiago Cafiero of Argentina and Mevlüt Çavusoglu of Türkiye held a meeting Friday in Istanbul to discuss bilateral ties, with a focus on science and trade, it was reported.
The World Bank (WB) announced this week the appointment of US-French Economist Marianne Fay as its new Director for Argentina, Uruguay, and Paraguay to replace Jordan Schwartz, who will head the Eastern Europe division.
Peru's one-house Congress voted once again Thursday against moving forward the elections to some time in 2023. It was the third such rejection in one week while the country sinks deeper into a political crisis which added one more fatality Thursday to the growing tally recorded since the impeachment of Pedro Castillo Terrones on Dec. 7, 2022. Several ministers are expected Friday to go to Congress to present another bill proposing an early election on October 8.
A technical team of the International Monetary Fund (IMF) has warned that political unrest in various regions of Latin America might have consequences for the economy since it would affect how the region is perceived worldwide.
The Government of Brazil plans to sink the decommissioned French-built Sao Paulo aircraft carrier in the middle of the Atlantic ocean after the depleted structure has spent months wandering with no port to dock for scrapping due to the presence of toxic materials in the hull, it was reported Thursday.
Brazil's protein producer giant Minerva Foods issued a note to the market communicating the purchase of state-of-the-art Breeders and Packers Uruguay (BPU Meat) abattoir and processing plant for USD 40 million. The conclusion of the deal is still pending approval by the Uruguayan authorities.
Peru's Congress refused once again Wednesday to bring forward the elections to 2023 as requested by President Dina Boluarte who was acquiescing to the demands of the numerous demonstrators that flocked the streets and roads since the Dec. 7 impeachment of Pedro Castillo Terrones.
Former Brazilian President Jair Bolsonaro said Wednesday during a speech before a group of his followers in the US State of Florida that the current administration of President Luiz Inàcio Lula da Silva might have its days numbered.
![“Now begins the road to recover the resources that we lost [for] the other municipalities for 12 years!” Valenzuela argued](https://en.mercopress.com/data/cache/noticias/92809/100x80/diego-valenzuela.jpeg)
Leaders of the Argentine opposition Together for Change (Juntos por el Cambio - JxC) coalition Wednesday argued that census data regarding the population of the La Matanza constituency in the province of Buenos Aires had been tampered with in 2010 to collect undue co-participation funds for the next 12 years.
Brazil's Central Bank on Wednesday left the Selic benchmark interest rate at 13,75%, but in the adjoining release, the bank's rate setting committee, Copom said the high interest rate policy is expected to last longer than market expectations because of fiscal risks
Expectations of large Brazilian corn exports to China in 2023 are worrying Brazil’s meat companies, according to a statement from Santa Catarina’s meat processors lobby Sindicarne this week. The group said competition from Chinese buyers is already reducing local supplies and making corn used to feed poultry and pork an “overpriced” commodity.
