Stories for 2025

Monday, March 31st 2025 - 00:16 UTC
The Rise of Fintech and Virtual Investments

Latin America is undergoing a hard-hitting revolution in its financial system as it is embracing fintech advancements at a breakneck pace. The revolution is modernizing traditional bank services while also expanding access to digital payment systems and investment platforms on the continent. Brazil and Mexico are some of the nations spearheading the revolution as they are using innovations such as real-time payment systems and digital wallets to promote financial efficiency and inclusion.
Monday, March 31st 2025 - 00:08 UTC
How Online Casino Platforms Attract Investment

The online gambling industry has seen remarkable growth recently. The projections show compound annual growth rate (CAGR) of 12.5% for the 2024-2033 period—certainly nothing to sneeze at. Experts still debate what the success of these operators comes down to. Is it rapid tech advancements or shifting entertainment habits as players go digital. But at the core, online casinos are businesses like any other. They rely on investment to grow, innovate, and stay competitive.
Saturday, March 29th 2025 - 10:39 UTC
No place for “chainsaw” policies in Chile, says Boric

Chilean President Gabriel Boric Font, speaking at the Inter-American Development Bank (IDB) annual meeting in Santiago Friday, underlined the importance of long-term projects and institutional stability over short-term, drastic reforms like the ones implemented by his Argentine colleague Javier Milei, whom he was obviously referring to, since he used the Libertarian's “chainsaw” war cry, which US Department of Government Efficiency Chief Elon Musk has also echoed.
Saturday, March 29th 2025 - 10:23 UTC
Argentina: Skyrocketing food prices threaten gov't inflationary targets

Argentina is experiencing a sharp increase in food prices, complicating the government's goal of keeping inflation close to 2%. Private consulting firms report that food prices rose by approximately 3.2% to 4% so far this month, with total inflation projected to be between 2.4% and 3%. Key drivers include dairy and eggs (up 5.8%), meat (up 5%), vegetables (up 3.3%), and beverages (up 2.2%).
Saturday, March 29th 2025 - 10:14 UTC
Slight drop in unemployment in Uruguay and Chile

Uruguay's unemployment rate slightly decreased to 7.9% in February from 8.1% in January, according to a National Statistics Institute (INE) report released Friday. This represents a 0.2% drop month-over-month and a 0.4% decrease compared to February 2024, with approximately 150,900 people unemployed. The employment rate remained stable at 59.4%, while the activity rate saw a minor decline from 64.6% to 64.5%. It was President Luis Lacalle Pou's last month in office. Yamandú Orsi was sworn in on March 1.
Saturday, March 29th 2025 - 09:05 UTC
Covid-19 cases on the rise in Chile

Chilean health authorities recorded 98 casualties attributable to Covid-19 between Jan. 1 and March 22, 2025, with a total of 5,191 confirmed cases. The fatalities were 76.5 years old on average with an almost equal distribution between genders, while patients with chronic conditions like hypertension or diabetes were affected the most.
Saturday, March 29th 2025 - 08:48 UTC
Brazil: Affirmative action reversing white predominance in positions of leadership

Black and indigenous representation in Brazil's Executive branch has risen to 39%, a 17-point increase over 25 years, a study titled ”Black Leadership in the Brazilian State (1995-2024)” (Lideranças Negras no Estado Brasileiro (1995–2024)” released Friday showed.
Friday, March 28th 2025 - 23:40 UTC
Italy tightens citizenship rules to curb 'commercialization'

Italy’s government has approved a reform to restrict automatic citizenship by descent, citing concerns over the growing number of requests—especially from Latin America—and what officials described as the “commercialization” of Italian nationality.
Friday, March 28th 2025 - 20:00 UTC
Prosecution wants vax certificate case against Bolsonaro dropped

Brazil's Attorney General Paulo Gonet requested the shelving of an investigation into former Brazilian President Jair Bolsonaro's alleged fraud in his Covid-19 vaccination records. The prosecution concluded there was insufficient evidence to prove Bolsonaro instructed his aide, Mauro Cid, to falsify vaccination data in the Health Ministry's system, despite the former aide-de-camp claims in a plea bargain. As per Brazilian law, corroborating evidence is needed beyond a collaborator’s testimony.
Friday, March 28th 2025 - 19:26 UTC
Ecuadorean President's family linked to cocaine shipments to Europe

The banana producing and trading firm belonging to Ecuadorean President Daniel Noboa's family has been linked to cocaine exporting to Europe, hidden in fruit shipments from the port of Guayaquil. Journalist Andrés Durán -known locally as “The Chochologist”- has fled the country due to death threats. He claims to have evidence against Noboa Trading.