
Venezuela’s interim president Delcy Rodríguez said her administration aims to raise gold production by 30% in 2026 to generate additional foreign-currency revenues, as the government seeks to shore up public finances and draw fresh investment into the mining sector, according to reports attributed to EFE.
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By John Hawkins (*) - Central bankers from around the world have issued a joint statement of support for US Federal Reserve Chair Jerome Powell, as he faces a criminal probe on top of mounting pressure from US President Donald Trump to resign early.
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The International Monetary Fund (IMF) has reaffirmed its projections for Argentina’s economy, forecasting growth of 4% in both 2026 and 2027, unchanged from its previous estimates published in October. The figures appear in the latest update of the World Economic Outlook (WEO), presented on Monday in Brussels.
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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.
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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.
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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.
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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.
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The Falkland Islands elected Legislative Assembly has agreed a revised portfolio system for the 2025-2029 term. Following the December 2025 General Election, Members reviewed the structure to improve focus, and align related policy areas.
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US President Donald Trump announced on Monday that any nation conducting business with Iran will face a 25% tariff on all trade with Washington, thus crushing earlier celebrations by Brazil's Luiz Inácio Lula da Silva, whose government proudly announced a substantial trade surplus with Tehran, totaling US$2.8 billion in 2025, driven by corn and soybeans.
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US Secretary of the Treasury Scott Bessent announced on Monday a plan to stabilize Venezuela’s collapsing currency by re-engaging with global financial institutions. The strategy consists of unfreezing approximately US$4.9 billion in International Monetary Fund (IMF) Special Drawing Rights (SDRs) to provide much-needed liquidity to Caracas' Central Bank.
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