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Montevideo, January 7th 2026 - 01:48 UTC

Stories for December 17th 2025

  • Wednesday, December 17th 2025 - 21:23 UTC

    Venezuela's PDVSA vows to continue global oil exports

    Delcy Rodríguez echoed PDVSA's announcement

    Venezuela’s state-owned oil company PDVSA declared Wednesday that its export operations remain fully functional, signaling a defiant stance against a newly announced naval blockade by US President Donald Trump.

  • Wednesday, December 17th 2025 - 21:05 UTC

    Paraguay among key US allies, says Charge d’Affaires

    Alter described the potential for future economic and technological partnership as “nearly limitless”

    Robert Alter, Charge d’Affaires at the United States Embassy in Asunción, has characterized Paraguay as one of the United States' most significant global allies. Speaking with Radio Ñandutí, Alter highlighted the strengthening of bilateral ties following the signing of a new security cooperation agreement aimed at dismantling organized crime.

  • Wednesday, December 17th 2025 - 14:06 UTC

    No end in sight for São Paulo's water crisis

    If reservoir levels do not stabilize by January, the system will enter the “most critical forecast”

    São Paulo, Latin America's most populous metropolitan area, is facing a historic hydrological crisis as three consecutive years of drought have pushed critical reservoirs to near-depletion. With the Jaguari-Jacareí dam —the primary source for nine million residents— dropping below 18% capacity, authorities have escalated contingency measures to prevent a total system failure.

  • Wednesday, December 17th 2025 - 14:04 UTC

    Chile's Central Bank cuts interest rate to 4.5%

    Domestic and foreign factors influenced the Central Bank's decision

    Chile's Central Bank Council voted unanimously on Tuesday to lower the Monetary Policy Rate (TPM) to 4.5% in response to a faster-than-anticipated decline in inflation and a stabilizing global economic outlook after holding rates at 4.75% during its previous session.

  • Wednesday, December 17th 2025 - 13:42 UTC

    White House expands travel ban to Palestinian Authority and other nations

    Visa overstays and security concerns prompted the updated measure

    US President Donald Trump issued a sweeping proclamation on Tuesday significantly expanding the administration's travel ban, citing national security concerns and inadequate screening procedures.

  • Wednesday, December 17th 2025 - 11:18 UTC

    Trump orders total blockade of Venezuela's tankers

    Tankers currently in Venezuela risk seizure if departing, potentially causing a total paralysis of the country’s oil industry

    US President Donald Trump ordered on Tuesday a “total and complete” naval blockade of all sanctioned oil tankers traveling to and from Venezuela, marking the most aggressive move against Caracas' energy sector to date. The announcement came after the recent seizure of a sanctioned vessel.

  • Wednesday, December 17th 2025 - 07:22 UTC

    Díaz-Granados reelected for second term at helm of CAF

    Díaz-Granados' re-election solidified CAF’s position as the multilateral bank with the greatest geographic presence in the region

    Colombian lawyer Sergio Díaz-Granados was re-elected on Tuesday as the Development Bank of Latin America and the Caribbean's (CAF) Executive President for a second, consecutive five-year term after getting the nod from the entity's Board of Directors.

  • Wednesday, December 17th 2025 - 02:07 UTC

    North America’s online gaming rules rewrite the playbook, and South America finds its lane

    Photo: Pexels<br />

    As digital entertainment continues its rapid growth on both continents, North America’s methodical regulatory strategy couldn’t be more different from South America’s somewhat disparate set of regulations. It will be explored below exactly how differing legislation and market and developmental courses can offer South American gaming operators some insight.