
US President Donald Trump said Thursday that his country had conducted deadly precision airstrikes against ISIS (Islamic State) targets in northwestern Nigeria, which was later corroborated by local authorities. The operation marked a significant escalation in Washington's involvement in Africa to stop what the Republican leader acknowledged was a massacre of Christians. The second major US offensive against the terror group this month followed a massive strike on 70 targets in Syria on December 20.

International oil benchmarks posted modest gains on Tuesday as the market entered a holiday-shortened week. Investors remained focused on the escalating geopolitical friction between Washington and Caracas, which has introduced a risk premium into an otherwise oversupplied market.

Following a high-level summit at the Carondelet Palace in Quito on Tuesday, Chilean President-elect José Antonio Kast and Ecuadorean President Daniel Noboa have signaled a unified front on the South American migration crisis. Both leaders discussed Kast's proposal to establish a humanitarian corridor to facilitate the return of undocumented Venezuelan migrants to their home country.

Brazilian aircraft manufacturer Embraer announced Tuesday the delivery of the 50th E195-E2 jet to Canadian carrier Porter Airlines, marking one of the most aggressive fleet expansions in the North American aviation sector.

Brazilian President Luiz Inácio Lula da Silva has signed his traditional Christmas pardon decree, granting clemency to thousands of inmates. However, for the second consecutive year, the president has explicitly excluded those convicted of attempting to overthrow the democratic order during the January 8, 2023, attacks in Brasília.

In a move to bypass Congress on his proposed tax hikes, Colombian President Gustavo Petro declared a 30-day economic emergency on Tuesday. The measure, enacted via Decree 1390 of 2025, grants the head of State extraordinary powers for 30 days to circumvent Parliament and impose new taxes on the country’s wealthiest citizens.

Brazilian Supreme Court Justice Alexandre De Moraes on Tuesday authorized former President Jair Bolsonaro to be hospitalized on Wednesday to undergo hernia surgery recommended by private doctors and Federal Police experts.

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.

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.

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.