
The feasibility of the long-awaited Free Trade Agreement (FTA) between the Southern Common (Market) and the European Union (EU) seems to be just hours away from its all-or-nothing hour, as France, Poland, Hungary, and Ireland have confirmed they would vote against it.

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.

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.

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

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.

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.

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.

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.

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.

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.