Bolivia’s President Luis Alberto Arce announced on X a massive discovery of a natural gas field, “the largest find in the country since 2005”. Bolivia’s state-owned hydrocarbons company YPFB described it as the biggest gas find in nearly two decades and could become the country’s third-largest producing field.
According to the latest issue of the International Monetary Fund's World Economic Outlook (WEO) report, Argentina's Gross Domestic Product (GDP) is expected to fall 3.5% in 2024, which represented a setback from the 2.8% predicted back in April. Regarding next year, the IMF kept the 5% growth projection unchanged.
Argentine President Javier Milei's attitude of speaking his truth at any cost is about to take its toll on the diplomatic front, as confrontations with Brazil and Bolivia flare up with a possible reshaping of the current scenario in the near future.
The delivery to Brazil of Israeli-built missiles has been linked to fears that the dispute between Venezuela and Guyana over the oil-rich Essequibo region might escalate in the wake of the fudgy July 28 elections. With the most prominent opposition politicians disenfranchised, Caracas might fuel an international conflict to cover up for the domestic unrest expected to unfold, it was hinted.
Despite lacking megastar Lionel Messi for almost half of Sunday's duel, defending champions Argentina retained the Copa America with a 1-0 victory over Colombia. Lautaro Martínez scored the only goal during extra time and only eight minutes from the end following a through ball from fellow substitute Giovani Lo Celso.
Former Peruvian President Alberto Fujimori will seek a third term in office in 2026, his daughter and former presidential candidate Keiko Fujimori announced Sunday. Regarding her father's disenfranchisement given his numerous criminal convictions, Keiko insisted she would leave those matters up to their legal team. The octogenarian leader also faces several health issues.
Argentina was found to boast the dubious honor of topping the list of Latin American countries with the highest inflation for the ninth month in a row after Friday's release by the National Institute of Statistics and Census (Indec) of the latest report regarding June's figures. The CPI went up 4.6% while all the other countries recorded variations below one digit.
The car Colombian Vice President Francia Márquez usually rides was shot at Wednesday although the apparent target of the onslaught was not aboard at the time of the attack, it was reported from her native southwestern city of Suárez.
Buenos Aires was once again picked by The Economist as the most liveable city in South America according to the outlet's usual scale measuring environmental, cultural, and infrastructural issues in addition to stability and medical care. The Argentine capital topped the list for the third year in a row, standing out for its highly regarded UBA (University of Buenos Aires) among other perks.
Colombia earned a most-deserved passage to Sunday's Copa America football final with defending champions Argentina by defeating Uruguay 1-0 despite being short of a man for more than half the match in Charlotte's Bank of America Stadium in South Carolina.