
During the Summit of Mercosur Heads of State and Associate Members, President Luis Lacalle Pou delivered a compelling speech emphasizing the significance of Mercosur and advocating for greater openness within the bloc. Uruguay is set to assume the pro tempore presidency of Mercosur, and Lacalle Pou used this opportunity to address pressing regional issues and international trade agreements, particularly focusing on the recent political changes in Argentina.

Argentine President Javier Milei enacted this weekend the most encompassing Bases Law granting the Government most of the tools it claims to need to rescue the country from her plight as the Libertarian Administration fine-tuned the last details for the so-called May Pact to be signd in Tucumán on the Eve of the Independence Day celebrations.

Chilean budget carrier SKY has expressed its interest in operating domestic routes within Argentina given President Javier Milei's shift to open skies policies, as recent agreements with Brazil, Peru, Ecuador, Canada and Panama would corroborate.

Paraguayan President Santiago Peña admitted that the Southern Common Market (Mercosur) was not going through the best of times as he prepared to host the bloc's Summit in Asunción Monday during which he is to hand over the grou's rotating presidency to Uruguay's Luis Lacalle Pou.

Instead of attending Monday's Mercosur Summit in Asunción, Argentine President Javier Milei chose to spend the weekend in southern Brazil with his friends the Bolsonaros, including the former head of state Jair, with whom he watched their national team eliminated from the Copa America by Uruguay on penalties on Saturday.

There seems to be no love lost between former Argentine President Mauricio Macri (2015-2019) and Security Minister Patricia Bullrich after Thursday's events at the Propuesta Republicana (PRO) Party Assembly the latter was supposed to chair but was sidelined. The rift between Macri and Bullrich has been going on for months, it was also reported in Buenos Aires.

Studies published this week corroborate that Argentines are fairing worse off under President Javier Milei, with people sinking into poverty despite having formal jobs which showed in a dwindling consumption of red meat, among other items, in a country that used to top the world's lists.

The Government of Argentina announced Thursday the creation of a Ministry of Deregulation and Transformation of the State to be headed by Economist and former Central Bank (BCRA) President Federico Sturzenegger, who will be sworn in Friday.

The Argentine province of La Rioja finally made do with its promise to issue a pseudo-currency of its own to meet debts within its territory. Officially named Debt Cancellation Bonds (Bocade), La Rioja's money is better known as Chacho whereby 1 Chacho = 1 Argentine peso.

The Bolivian Government Tuesday summoned its ambassador from Buenos Aires for consultations following Casa Rosada's allegations that the June 26 attempted coup d'état in La Paz was staged by President Luis Arce Catacora to improve his dwindling public image.