Argentine President Javier Milei signed Decree No. 303/2025, authorizing a new Operating Agreement for the Yacyretá Hydroelectric Power Plant, a binational entity co-owned by Argentina and Paraguay. The agreement sets a tariff increase from US$17 to US$28 per megawatt-hour (MWh) to optimize supply, ensure financial stability, and support technological modernization
Brazil's Supreme Federal Court (STF) unanimously decided to indict seven more people in connection with a coup plot during the government of former President Jair Bolsonaro.
US President Donald Trump announced plans to impose a 100% tariff on foreign films, citing national security concerns and the decline of the American film industry. The measure aims to counter incentives offered by other countries, like Canada and the UK, which attract US filmmakers and studios, leading to reduced production in Hollywood. “We want movies made in the United States!” he insisted.
Venezuelan opposition leaders Pedro Urruchurtu, Humberto Villalobos, Claudia Macero, Omar González, and Magalí Meda, who had been under asylum at the Argentine Embassy in Caracas since March 20, 2024, have left Venezuela, it was reported Tuesday.
Friedrich Merz of the Christian Democratic Union (CDU) was elected Chancellor of Germany on Tuesday after the second round of Bundestag voting, in which he was given 325 endorsements (thus surpassing the 316 minimum requirement), with 289 rejections and one abstention. No prospective chancellor in post-war Germany had previously failed the first vote after securing a coalition agreement.
Canadian Prime Minister Mark Carney met US President Donald Trump Tuesday in Washington to discuss bilateral ties amid a trade war sparked by tariffs on Canadian goods. Carney firmly told Trump his country was not for sale, but the Republican leader replied it was wiser to never say never. He insisted that Canada joining the Union as its 51st State would be a wonderful marriage with benefits like lower taxes and military protection for Canadians.
The Foreign, Commonwealth & Development Office (FCDO) announced Friday through a statement that Mr David Cairns has been appointed His Majesty’s Ambassador to the Argentine Republic in succession to Mrs Kirsty Hayes, who will be transferring to another Diplomatic Service appointment. Mr Cairns will take up his appointment in September this year.
Uruguay's foreign trade showed growth in April 2025, with exports increasing by 4% compared to the same period last year, a Uruguay XXI study released in Montevideo Monday showed. Total exports for the month reached US$ 1.033 billion, while cumulative exports from January to April amounted to US$ 3.92 billion, also marking a 4% year-on-year increase.
Bolivia's inflation rose by 0.9% last month, bringing the cumulative rate for the first third of 2025 to 5.95%, the National Institute of Statistics (INE) reported Monday. These figures were significantly higher than the 1.31% recorded for the same period in 2024 and represented 79.3% of the government's 7.5% annual target
During his appearance at the Milken Institute Global Forum in Los Angeles, Paraguayan President Santiago Peña highlighted his country's stability, openness, and commitment to inclusive development. The major global economic event acknowledged Paraguay’s dedication to democracy, peace, and combating terrorism.