Argentine President Javier Milei plans to issue an Emergency Decree (DNU) to approve the new loan to be agreed upon with the International Monetary Fund (IMF), the Casa Rosada announced Thursday. As mandated by law, each DNU needs congressional approval to not be stricken. The new deal seeks to cancel National Treasury debt to the Central Bank, reducing total public debt and strengthening the Central Bank's balance sheet and subsequently lifting the so-called exchange stocks.
US President Donald Trump extended to Canada a waiver on the 25% tariffs he had given Mexico earlier Thursday until April 2, 2025. The Republican leader signed an executive order exempting goods compliant with the USMCA trade agreement and reducing the tariff on Canadian potash - which is used in fertilizer - to 10%. This follows his imposition of the tariffs, citing concerns over fentanyl trafficking and irregular migration.
The Vatican Thursday released an audio message in St. Peter's Square at 9 pm local time from Pope Francis, who is hospitalized at Rome's Gemelli clinic for a case of bilateral pneumonia since Feb. 14. The Pontiff thanked the faithful for their prayers, marking his first public communication in weeks. Speaking in Spanish with a hoarse voice, the Pope expressed gratitude and extended blessings.
Celebrating the 3rd anniversary of finding Endurance, the Falklands Maritime Heritage Trust has released for the first time an animated film of the full route of the Endurance22 team from the start of their search in Cape Town to finding it in the Weddell Sea, with input from Falkland Islander Mensun Bound’s daily diaries
A United Nations (UN) report published Thursday showed women’s rights weakened in 25% of countries worldwide last year, driven by factors such as climate change, democratic decline, and anti-rights movements. The document highlights a backlash against gender equality, undermining progress as per the 1995 Beijing Platform for Action.
Uruguayan Foreign Minister Mario Lubetkin had on Wednesday his first formal day in office on Wednesday. During a ceremony in Montevideo attended by President Yamandú Orsi and Vice President Carolina Cosse, the South American country's top diplomat emphasized Uruguay's role as an “actor of peace” to help reduce global tensions.
US President Donald Trump on Wednesday sent an ultimatum to the terrorist organization Hamas to release all hostages or face hell. “'Shalom Hamas' means hello and goodbye. You have a choice,” he stressed, meaning he was done talking. The Republican leader also stressed he was sending Israel “everything it needs to finish the job” in Gaza
Solana drives the rapid evolution of blockchain across Latin America while remaining at its core. Development teams and entrepreneurs across the region view Solana as an attractive blockchain network because of its fast processing and inexpensive service costs. The countries in Latin America have persisted with economic issues because their remittance expenses are high.
The United States implemented tariffs on imports from Mexico, Canada, and China, triggering responses from these nations and causing a market meltdown. The tariffs include a 25% levy on imports from Mexico and Canada and an increase from 10% to 20% on goods from China. The move seeking to address fentanyl trafficking and border security has failed to meet expectations.
Uruguay, Brazil, Bolivia, Chile, and Colombia have endorsed Suriname's Foreign Minister, Albert Ramdin, as their candidate for Secretary General of the Organization of American States (OAS). Ramdin, who previously served as Assistant Secretary General of the OAS, is seen as uniquely qualified to address contemporary challenges and bring a fresh perspective. The vote to replace the outgoing Secretary General, Luis Almagro of Uruguay, is scheduled for March 10, with Paraguayan Foreign Minister Ruben Ramirez Lezcano also in the running. Almagro's term ends on May 25 after a decade in the role.