In Uruguay, the dollar traded at noon on the state bank Banco Republica (Brou) board at $ 33.20 for the purchase and $ 34.60 for the sale, 45 cents above the close price on Tuesday. On the board of private exchanges, the currency to the public came to sell at $ 34.80 and $ 34.90.
Investors in Argentina are starting to get the jitters. The gap in yield between local and U.S.-issued bonds has roughly doubled in the last month in the face of stubborn inflation and mounting peso outflows, heaping pressure on President Mauricio Macri ahead of elections later in the year.
Almost a third of Argentines were living below the poverty line at the end of 2018, according to a new report from the Catholic University of Argentina (UCA).
Thousands of Argentines took to the streets on Sunday to recall Memory Day, March 24th, on the forty-third anniversary of the military coup that led to the country's last military dictatorship that extended from 1976 to 1983.
South American countries on Friday launched the Forum for the Progress of South America (Prosur), a new regional bloc which seeks the “integration and strengthening of the region.”
Argentina is getting tough on illegal unregulated fishing in the South Atlantic and is planning a joint effort by the Fisheries Under Secretariat, the Armed Forces and security forces. It is estimated according to government sources that Argentina loses some US$ 2.5 billion annually to illegal fishing which so far it has been unable to control. The report was published by Infobae.
Argentina’s economy contracted 2.5% in 2018, the official statistics agency said on Thursday, as the Latin American country’s leaders struggle to revive growth after being rattled by a currency crisis and steep inflation over the past year.
General elections in Bolivia will now be held on Sunday, October 20, a week earlier than first planned, in order not to clash with elections in Argentina and Uruguay scheduled for October 27. Bolivia's Supreme Electoral Tribunal (TSE) confirmed the decision this week.
Argentina, Chile, Paraguay and Uruguay re-launched their bid to host the 2030 World Cup following a meeting of their presidents in Buenos Aires on Wednesday. The four national presidents committed to creating a local organizing committee with a representative from each country to coordinate with CONMEBOL, South American football's governing body.
Uruguayan President Tabaré Vázquez questioned on Thursday the Colombian-Chilean initiative to create a new integration bloc to replace the Union of South American Nations (UNASUR) and argued that the region has a number of integration processes that collide and they become inefficient.