According to a report released Friday in Buenos Aires by Argentina's National Institute of Statistics and Census (Indec), the Consumer Price Index (CPI) in March in the South American country went up 11% for an interannual total of 287.9%. The new figure represented a 2.2% decrease from February but a 51.6% growth in the first quarter of 2024.
Sweeping reforms in the Europe Union migration and asylum rules with the purpose of managing the ongoing phenomenon which has caused for years a major turmoil in the EU and among its members.
In a week in which the United States was surprised by an increase in inflation further delaying prospects of a soon cut in the Federal Reserve's rate cut, the European Central Bank held interest rates at a record high, although as usual signaling it could cut interest rates at its next meeting in June.
Latin America and the Caribbean (LAC) has reached a critical juncture. While the region has made significant progress in economic stabilization over recent decades, growth has stalled, undermining progress. Urgent action is needed to reverse course. In a new report, “Competition: The Missing Ingredient for Growth?” the World Bank highlights potential areas for action, emphasizing that leveraging competition policies and institutions is key to any impactful growth strategy.
A court of appeals in Buenos Aires determined Thursday that the Iran-sponsored terrorist organization Hezbollah was behind the bombings of the Israeli Embassy in 1992 and the Jewish Welfare Association AMIA in 1994 in Buenos Aires.
Mayor Claudio Radonich of the southern Chilean city of Punta Arenas insisted this week that his country had “deantarticulated” over the past 30 years and urged the political leadership to be much more “intense” in matters concerning Antarctica given Argentine President Javier Milei's recent actions regarding the area when a United States base in Ushuaia was announced during US Southern Command Chief General Laura Richardson's visit.
Argentine President Javier Milei's La Libertad Avanza (LLA) Lower House bloc head Oscar Zago was replaced by Gabriel Bornoroni following a misunderstanding involving the Impeachment Committee's chair.
After attending a South American Football Confederation (Conmebol) event in Luque on Thursday, Presidents Luis Lacalle Pou and Santiago Peña flew to Uruguay for further engagements.
Authorities in the capital of Colombia began rationing water on Thursday as local reservoirs were reported to be nearing alarming levels due to the El Niño phenomenon coupled with the aftermaths of global warming. It has not been ruled out that the severe drought might result as well in an energy crisis hitting some 10 million people who live in Bogotá and the surrounding areas.
Uruguayan health authorities have expressed their concern about the recent increase in the number of cases of dengue fever in the town of Salto, where over 130 detections have been confirmed.