Economy

• Thursday, January 8th 2026 - 10:55 UTC

  Venezuela's new oil revenues to be spent solely on US goods

  

  President Donald Trump on Wednesday announced that the proceeds from his country's future oil purchases from Venezuela under caretaker President Delcy Rodríguez will be spent entirely on US-made products, making Washington Caracas' new main trading partner instead of Moscow, Beijing, or Tehran.

• Tuesday, January 6th 2026 - 09:06 UTC

  Uruguay records lowest yearly inflation in over two decades

  

  Uruguay's inflation last year fell below the Central Bank’s (BCU) official target of 4.5%, hitting 3.65% after December's -0.09%, making President Yamandú Orsi's first annual National Institute of Statistics (INE) report a historic one with figures not recorded since 2001.

• Monday, January 5th 2026 - 04:00 UTC

  Telecommunications: The One Constraint Touching Every Falklands Business

  

  By OpenFalklands
  
  On December 19th 2025, the Falkland Islands Development Corporation (FIDC) published its 2025 Business Climate Survey with the statement:

• Saturday, January 3rd 2026 - 08:50 UTC

  Paraguayan group buys over major Uruguayan retail business

  

  Paraguay's Grupo Vierci has signed a binding agreement to acquire 100% of GDN Uruguay's shares, encompassing key retail brands including Supermercados TaTa, Farmacia San Roque, BAS apparel, MultiAhorro Hogar home goods, and wholesale chain Frontoy.

• Saturday, January 3rd 2026 - 08:48 UTC

  Argentina shifts exchange rate policy

  

  The Argentine exchange market entered a new era on Friday, following the partial removal of credit card surcharges on expenditures in foreign currency. Additionally, the parity with the local peso now hinges on an inflation-linked floating scheme.

• Wednesday, December 31st 2025 - 10:47 UTC

  Paraguayan President highlights economic growth and 3.1% inflation

  

  The Central Bank of Paraguay (BCP) announced on Tuesday that the country has concluded 2025 with an annual inflation rate of 3.1%, successfully meeting its target range and demonstrating a trend of continued macroeconomic stability.

• Wednesday, December 31st 2025 - 10:38 UTC

  Bolivia lifts all fuel import restrictions

  

  Bolivia's Hydrocarbons Ministry has announced a sweeping liberalization of the national fuel market, lifting long-standing import restrictions and implementing a zero Specific Consumption Tax (ICE) for private importers.

• Tuesday, December 30th 2025 - 20:32 UTC

  Milei tells Telegraph Malvinas' claim non-negotiable

  

  Argentine President Javier Milei sparked a fresh diplomatic controversy this week after telling London's The Telegraph that his country's sovereignty claim over the Falkland/Malvinas Islands was non-negotiable.

• Tuesday, December 30th 2025 - 10:55 UTC

  Which countries improved the most this year? Argentina and Syria for The Economist

  

  The Economist has chosen two countries for outstanding/impressive achievements during 2025. A controversial selection based on particular criteria to measure them, but since The Economist is a global leading voice, very knowledgeable and respected, in international affairs it is also a great merit for those countries named.

• Tuesday, December 30th 2025 - 10:38 UTC

  Over 3.2mn foreign travelers visit Uruguay through November 2025

  

  Uruguay’s tourism sector has solidified its position as a primary engine of the national economy, welcoming 3,207,536 international visitors between January and November 2025. According to the latest report from the Ministry of Tourism (Mintur), these travelers generated an estimated US$1.784 billion in foreign exchange earnings.