Argentina central bank

Argentina’s Central Bank Takes Major Step Toward Dollarization with Dollar-Denominated Debit Cards

The Argentine economy, the country's central bank is working with local banks and credit card companies to introduce dollar-denominated debit cards. The measure, announced by Central Bank Governor Santiago Bausili on X (formerly Twitter), is part of a broader strategy...
Brazil has in recent months experienced its worst drought since records began which, according to experts, is linked to climate change.

Heavy Rains Bring Relief and Tragedy to Brazil: Eight Dead Following Severe Storms

Brazil is facing a dual environmental crisis as heavy rains have hit central and southeastern parts of the country after months of a record-breaking drought. The rains, which began on Friday, caused widespread devastation, resulting in at least eight deaths...
Constumers check products at a wholesaler,as Argentina is due to release consumer inflation data for April, in Buenos Aires

Argentina’s Inflation Crisis: Slowing, But No Relief in Sight for Ordinary Citizens

Argentina’s economy, once hailed as one of South America’s powerhouses, is in turmoil as triple-digit inflation wreaks havoc on the everyday lives of its residents. Although there are early signs that inflation may be slowing, this development offers little solace...
Mexican security forces stands as they respond at the scene where Alejandro Arcos, mayor of Chilpancingo, was killed, in Chilpancingo, Guerrero, Mexico October 6, 2024

Mayor of Southern Mexican City Brutally Murdered Less Than a Week After Taking Office

Mexico and drawn attention to the persistent violence plaguing the country, Alejandro Arcos, the newly elected mayor of Chilpancingo in the southern state of Guerrero, was murdered less than a week after assuming office. Authorities confirmed his death yesterday, with...
Thousands of migrants enter Mexico every year hoping to reach the US

Six Migrants Killed as Mexican Soldiers Open Fire on Vehicle Near Guatemalan Border

Mexico's southern border, six migrants were killed after soldiers opened fire on a vehicle carrying 33 people on Tuesday evening. The incident, which occurred approximately 25 miles (40 km) north of the Guatemala border, also left 10 others injured, sparking...
Venezuela Presidential Election

U.S. Sanctions 16 Maduro-Aligned Officials for Undermining Venezuela’s Presidential Election and Repression of Civil Rights

On Thursday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on 16 officials aligned with the Venezuelan regime of President Nicolás Maduro. These individuals have been accused of obstructing a free and fair presidential...
Venezuela

Diplomatic Tensions Escalate as Venezuela Recalls Spanish Ambassador Over Political Dispute

In a move that signals a potential deterioration of diplomatic relations between Venezuela and Spain, Venezuela has recalled its ambassador to Spain, Gladys Gutiérrez, and summoned Spain's ambassador to Venezuela, Ramón Santo, for urgent consultations. This development, which occurred on...
Javier Milei-Argentina

Argentina’s Economic Resurgence: Milei’s First Year as President Brings Unexpected Growth

During his inaugural year as Argentina's president, Javier Milei has waged a contentious but largely successful campaign against inflation. Now, Argentines are receiving more encouraging news: the economy is growing again. On July 18, Bloomberg reported a surprising uptick in...
Luiz Inácio Lula da Silva

Brazil President Lula Calls for Greater South American Integration and Strategic Partnerships Beyond Continent

Brazil President Luiz Inácio Lula da Silva made a powerful case for deepened regional integration among South American nations at the forum "Um Projeto de Brasil" (A Brazil Project), celebrating the 30th anniversary of Carta Capital magazine. Speaking on Wednesday,...
US-Mexico, Border Wall

What Challenges Did One Family Face in Highlighting Biden’s Migration Dilemma?

Pedro Naranjo, a Venezuelan air force lieutenant, and his father fled to the United States together due to fear of being jailed for plotting against Nicolás Maduro's socialist government. The retired Gen. Pedro Naranjo is currently in legal limbo in...
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