
As the year draws to a close, everyone at MercoPress extends its best wishes to readers and subscribers across the region and beyond. The holiday season offers a moment to pause, take stock, and look ahead with perspective.
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Uruguay's Economy Minister Gabriel Oddone announced Monday that his country's GDP was projected to expand by 2.3% this year. While the figure is slightly lower than initial government forecasts, Oddone emphasized that it represents more than double the average growth rate seen over the past decade.
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The Buenos Aires Federal Administrative Court of Appeals has dealt a significant legal blow to the Central Bank of the Argentine Republic (BCRA), ordering it to release detailed information regarding the shipment of national gold reserves overseas.
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Supreme Federal Court (STF) Justice Alexandre de Moraes granted house arrest to General Augusto Heleno, the Minister of Institutional Security (GSI) under former President Jair Bolsonaro, who was among those convicted for the Jan. 8, 2023, coup attempt.
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The aviation sectors in Paraguay and Uruguay achieved significant milestones on Monday. Asunción's Silvio Pettirossi Airport set a new record number of passengers, while Montevideo's Carrasco completed a multi-million-dollar technological overhaul.
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The Argentine Labor Secretariat ordered a mandatory conciliation in the dispute between air traffic controllers and the state-owned air navigation company, EANA, effectively suspending the strike scheduled for Tuesday and ensuring flights will operate normally ahead of the Christmas break.
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Russia has reportedly begun evacuating the families of its diplomats from Venezuela as tensions with the United States reach a volatile peak. According to the Associated Press (AP), citing a European intelligence source, the operation began on Friday and involves women and children.
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Thousands of miners, coca growers, and labor activists descended on the seat of government on Monday, marking the first day of a national general strike against Bolivian President Rodrigo Paz Pereira's decision to terminate fuel subsidies. The mobilization, led by the Bolivian Workers' Union (COB), has effectively paralyzed the capital and several other major departments.
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The 67th Southern Common Market (Mercosur) Summit concluded on Saturday in Foz do Iguaçu, with Paraguay officially assuming the bloc's pro-tempore presidency from host Brazil. Amid a backdrop of geopolitical friction and trade delays, Paraguayan President Santiago Peña outlined a pragmatic six-month agenda focused on economic openness and regional connectivity.
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