
The European Union and South America’s Mercosur bloc signed their long-negotiated association and free trade agreement on Saturday in Paraguay, with Argentina’s President Javier Milei attending the ceremony and Brazil’s Luiz Inácio Lula da Silva absent, represented instead by his foreign minister.

On January 17, 2026, the Mercosur bloc and the European Union (EU) will formalize a comprehensive association and free trade agreement in Asunción, Paraguay, marking the culmination of nearly 26 years of negotiations, according to international and regional news outlets.

Venezuela’s interim president Delcy Rodríguez met on Thursday in Caracas with CIA Director John Ratcliffe, holding talks focused on security and cooperation, US intelligence sources confirmed to EFE.

A scale model of the Endurance, the legendary polar ship of Ernest Shackleton, was officially unveiled on Thursday at the Jetty Visitor Centre in Stanley, becoming a new long-term public exhibit, according to the Falklands Maritime Heritage Trust (FMHT).

Venezuela’s Defense Minister Vladimir Padrino López announced Friday a “review and adjustment” of the Bolivarian National Armed Forces (FANB) following the January 3 US attacks, in which 47 Venezuelan soldiers were killed and President Nicolás Maduro and his wife Cilia Flores were captured, EFE reported.

Brazilian President Luiz Inácio Lula da Silva and European Commission President Ursula von der Leyen agreed on Friday that the free trade agreement between Mercosur and the European Union (EU), due to be signed Saturday in Asunción, will benefit global trade, democracy and multilateralism, EFE reported.

Ten Argentine provinces are under alert for wildfire risk, as several fire fronts in Chubut and wider Patagonia have already burned more than 20,000 hectares.

Brazil has enacted two laws formalizing the transfer of military aircraft and equipment to Uruguay and Paraguay, as part of an initiative to upgrade operational capabilities of neighboring countries and enhance regional security, Agência Brasil reported.

The High Seas Treaty, also known as the Global Ocean Treaty, enters into force on Saturday, marking “a historic achievement in ocean protection” and the start of a new phase in global ocean governance, EFE reported.

Burford Capital, the main beneficiary of a US$16 billion first-instance ruling against Argentina over the 2012 expropriation of YPF, has asked federal judge Loretta Preska to hold the country in contempt and impose sanctions, citing alleged failures to comply with discovery orders.