The Southern Common Market (Argentina, Brazil, Paraguay, and Uruguay) and the EFTA states (Iceland, Liechtenstein, Norway, and Switzerland) signed a Free Trade Agreement (FTA) on Tuesday in Rio de Janeiro, Brazil, creating a zone of nearly 300 million people with a combined GDP of over US$4.3 trillion.
Colombian President Gustavo Petro has halted all future arms purchases from the United States in response to Washington's decertification of his country as a counter-narcotics ally.
Uruguay's economy grew by 2.1% in the second quarter of 2025 compared to the same period in 2024, according to a report released on Monday by the Central Bank (BCU), which also noted a 0.4% growth from the previous quarter.
In a recorded broadcast message, Argentine President Javier Milei outlined the 2026 Budget Bill sent to Congress, asserting that the worst is over for the country's economy.
Argentine President Javier Milei landed in Asunción early Tuesday to participate in the Conservative Political Action Conference (CPAC) and to hold a bilateral meeting with Paraguayan colleague Santiago Peña.
US President Donald Trump signed on Monday a memorandum ordering the deployment of the National Guard to Memphis, Tennessee, to combat what he calls rampant crime. The move establishes a Memphis Special Security Force to work with federal and state law enforcement agencies, including the FBI, DEA, and US Marshals, to end street and violent crime in the city.
Brazilian exports of specialty coffee to the United States have plummeted following the imposition of a 50% tariff by President Donald Trump. Last month, Brazil shipped just over 21,600 bags of specialty coffee to the US, representing a staggering 79.5% drop compared to the same month in 2024, according to data released by the Brazilian Coffee Exporters Council (Cecafé) on Monday.
The US Government of President Donald Trump has signaled five countries - three of them in South America - for failing to comply with their international anti-drug obligations over the past 12 months. In addition to Venezuela, Colombia, and Bolivia, Washington added Burma and Afghanistan to the infamous list.