Latin America and the Caribbean (LAC) has reached a critical juncture. While the region has made significant progress in economic stabilization over recent decades, growth has stalled, undermining progress. Urgent action is needed to reverse course. In a new report, “Competition: The Missing Ingredient for Growth?” the World Bank highlights potential areas for action, emphasizing that leveraging competition policies and institutions is key to any impactful growth strategy.
After attending a South American Football Confederation (Conmebol) event in Luque on Thursday, Presidents Luis Lacalle Pou and Santiago Peña flew to Uruguay for further engagements.
Authorities in the capital of Colombia began rationing water on Thursday as local reservoirs were reported to be nearing alarming levels due to the El Niño phenomenon coupled with the aftermaths of global warming. It has not been ruled out that the severe drought might result as well in an energy crisis hitting some 10 million people who live in Bogotá and the surrounding areas.
Presidents Santiago Peña of Paraguay and Luis Lacalle Pou of Uruguay Wednesday attended a dinner hosted by the South American Football Confederation (Conmebol) at the historic building of the Port of Asunción. Also participating in the event was Fédération Internationale de Football Association (FIFA) President Gianni Infantino.
Former Colombian President Álvaro Uribe Vélez will become the first former head of state of the South American country to be brought before the courts, the prosecution announced Tuesday in Bogota. The date for the start of the trial has not yet been set. Uribe faces bribery and procedural fraud charges.
Political forces in Haiti have agreed on the formation of a 22-month Presidential Transitional Council to lead the violence-torn country to fresh democratic, credible, and participatory elections through which to restore normalcy, it was reported in Port-au-Prince.
Guyanese authorities have requested the United Nations Security Council to review Venezuela's territorial claims over the oil-rich Essequibo region, under the jurisdiction of the former British colony since 1899, but which Caracas has annexed to all its official maps following a referendum last year.
A total of 22,320 bottles of mosquito repellent donated by Mexico arrived Monday in Argentina where the product has become increasingly scarce amid a soaring number of dengue fever cases, it was reported in Buenos Aires.
The chokepoint at the Panama Canal could be approaching an end as weather forecasts indicate ample rain fall is heading for Panama, which if correct means many international shipping believe a return to normal crossing s possible in the near future.
United Nations Secretary-General António Guterres and the governments of many countries in the Americas condemned Ecuador's decision to break into Mexico's Embassy in Quito on Friday to arrest former Vice President Jorge Glas, who had sought asylum in the diplomatic mission as he faced corruption charges.