Bolivia claims to have discovered a massive natural gas field
MercoPress » Latin America
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2d ago
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.  ..read more
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Argentina's economic fall worse than expected, IMF foresees
MercoPress » Latin America
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4d ago
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 ..read more
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Brazilian Ambassador to BA summoned by Lula and Vieira
MercoPress » Latin America
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5d ago
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 ..read more
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Possible escalation of conflict between Venezuela and Guyana over Essequibo feared in Brazil
MercoPress » Latin America
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5d ago
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 ..read more
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Alberto Fujimori to run for President of Peru in 2026, daughter announces
MercoPress » Latin America
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5d ago
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 ..read more
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Injured Messi still lifts Copa America trophy for the second time in a row
MercoPress » Latin America
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6d ago
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 ..read more
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Argentina tops list of LatAm countries with the highest inflation for the 9th straight month
MercoPress » Latin America
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1w ago
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 ..read more
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Barbed Wire in the Darien Jungle and Mass Repatriation: How the U.S. and Panama curb migration
MercoPress » Latin America
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1w ago
The United States and Panama have signed an agreement aimed at curbing the flow of migrants through the perilous Darien jungle. This agreement, part of broader efforts by President Joe Biden's administration, comes as a response to the surge in migration at the southern border, a key issue in the lead-up to the U.S. presidential elections in November ..read more
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Uruguay: Cold wave warning amid “extreme temperatures”
MercoPress » Latin America
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1w ago
The Uruguayan Institute of Meteorology (Inumet) has extended its cold wave warning until Friday, July 12, citing “extreme temperatures” affecting most of the country. The updated forecast predicts minimum temperatures between -6 ºC and 2 ºC and maximum temperatures ranging from 8 ºC to 12 ºC ..read more
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Panama's President favors joining Mercosur
MercoPress » Latin America
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1w ago
Argentine President Javier Milei's absence indeed highlighted the Southern Common Market's (Mercosur) Summit in Asunción. But only one week after his inauguration, attending the gathering was Panama's José Mulino, as his country is now eyeing its possible accession to Mercosur ..read more
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