Economy

• 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.

• Tuesday, December 30th 2025 - 09:42 UTC

  Petro orders huge minimum wage increase in Colombia

  

  Colombian President Gustavo Petro announced on Monday a historic 23.7% increase in the minimum wage for 2026, making it the largest upward adjustment in 25 years. The measure includes transport subsidies.

• Monday, December 29th 2025 - 10:55 UTC

  Brazil records highest foreign investment inflow in a decade

  

  The Brazilian government announced on Sunday that Foreign Direct Investment (FDI) reached US$84.1 billion between January and November 2025, marking the highest volume of capital inflow since 2014.

• Saturday, December 27th 2025 - 10:55 UTC

  Milei gets Congressional nod for 2026 Budget

  

  President Javier Milei's La Libertad Avanza (LLA) scored a key parliamentary victory on Friday when the Senate passed by 46 to 25 votes and one abstention the 2026 Budget Bill, enshrining a “zero deficit” fiscal rule. The Upper House also endorsed the so called Fiscal Innocence Act, shielding private savings from state oversight.

• Friday, December 26th 2025 - 22:28 UTC

  Brazil: Azul Airlines' stock plummets amid new issuance

  

  Azul Airlines' stock experienced a severe market crash on Friday, with shares plummeting as much as 50% during intraday trading before settling at a 25% loss by mid-afternoon. The sell-off follows the airline's massive issuance of new shares as part of its ongoing US Chapter 11 bankruptcy restructuring.

• Tuesday, December 23rd 2025 - 11:43 UTC

  Uruguay's Economy Minister worried by too much success

  

  Uruguay's Economy Minister Gabriel Oddone announced Monday that his country's GDP was projected to expand by 2.3% this year. While the figure is slightly lower than initial government forecasts, Oddone emphasized that it represents more than double the average growth rate seen over the past decade.

• Tuesday, December 23rd 2025 - 11:39 UTC

  Argentine Appellate Court orders Central Bank to disclose details of gold shipments abroad

  

  The Buenos Aires Federal Administrative Court of Appeals has dealt a significant legal blow to the Central Bank of the Argentine Republic (BCRA), ordering it to release detailed information regarding the shipment of national gold reserves overseas.

• Friday, December 19th 2025 - 10:53 UTC

  CAF okays US$980mn package for Uruguay

  

  The Board of Directors of the Development Bank of Latin America and the Caribbean (CAF) has authorized a landmark US$980 million credit operation for Uruguay. This approval represents one of the largest single financial commitments in the organization's history with the country, targeting a massive overhaul of public infrastructure, climate resilience, and social integration.