Governor Jorge Flies of the Chilean Magallanes and Antarctica Region announced a project to build an underwater tunnel linking the mainland with Tierra del Fuego, an initiative from which Argentina would also benefit. The proposal submitted during a National Conference on Policies for Extreme Zones in Chile seeks to replace the current barge 3.7 kilometers crossing through the Strait of Magellan. The 4-kilometer submarine tunnel would entail a US$1.5 billion investment.
Buenos Aires dawned Friday with posters of Vice President Victoria Villarruel apparently launching a political movement of her own, which further stirred the political momentum amid tensions between her and President Javier Milei. The phenomenon sparked a series of accusations as to who was behind the initiative, of which the Senate Speaker's Office denied any knowledge.
According to the latest issue of Brazil's Institute of Geography and Statistics (IBGE) Household Sample Survey, unemployment stood at 6.2% in the quarter ending last month, Agencia Brasil reported. It was the lowest mark since the measurement began being tracked in 2012. The previous quarter, ending in July, had a rate of 6.8%, while in the same quarter last year, ending in October, the rate stood at 7.6%.
The US dollar closed for the first time above the psychological R$ 6 barrier on another turbulent day in Brazil's markets, Agencia Brasil reported. The local scene continued to reverberate after the spending cut package announced earlier this week by Finance Minister Fernando Haddad, also impacting the stock exchange scene during the day.
Brazil's Air Force confirmed Friday the successful launch of an unmanned rocket into space. The unit was built with 100% national technology, it was also explained at the Barreira do Inferno Center in Parnamirim, in the State of Rio Grande do Norte.
Brazil's President Luiz Inácio Lula da Silva welcomed Uruguay's President-elect Yamandú Orsi on Friday at the Planalto Palace to discuss the possible Free Trade Agreement (FTA) between the Southern Common Market (Mercosur) and the European Union (EU) as well as other issues.
The Falkland Islands Government has announced that on Wednesday 04 December, a private charter is scheduled to arrive at Mount Pleasant Airport, carrying the next of kin of fallen Argentine soldiers during the 1982 conflict..
Brazil's 112-year-old João Marinho Neto has been confirmed by the Guinness Book of Records as the oldest man alive following the death on Nov. 25 of Briton John Alfred Tinniswood, who was also 112.
Former Uruguayan President José “Pepe” Mujica has taken aim at prominent Latin American leaders, criticizing a lack of generational renewal in politics and authoritarian trends in the region. Speaking from his home in Montevideo, Mujica called out Argentina’s Cristina Kirchner, accusing her of clinging to power rather than transitioning into an advisory role. “There’s the old Cristina at the head of Peronism, instead of leaving room for new generations. How hard it is for her to let go of the cake!” Mujica quipped.
France's Parliament was unusually united this week in rejecting the Free Trade Agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur), thus yielding to protests from local farmers who fear unfair competition. The Senate gave its thumbs down Thursday, just one day after the Lower House did the same by 484 votes against 70.