Panama’s President, José Raúl Mulino, announced on Thursday that the country will withdraw from the Belt and Road Initiative, the ambitious Chinese project to fund infrastructure to improve connectivity and economic cooperation with other nations. At the same time US Secretary of State Marco Rubio clarified the claim that Panama “had decided to remove fees for US government vessels transiting the Panama Canal”
Argentine Central Bank's (BCRA) monthly Market Expectations Outlook (REM) released Thursday foresaw January's Consumer Price Index (CPI) would stand at 2.3%. Back in December 2024, the REM expected it to be 2.5%.
Uruguayan troops stationed in Congo as part of the United Nations Mission in the Democratic Republic of Congo (Monusco) are hoping to be relieved by Feb. 17, it was reported Thursday in Montevideo. Relatives of those still in Africa held telephone conversations with their loved ones on Thursday and confirmed the changeover date to local media.
Argentine President Javier Milei announced Thursday that he intends to hold World Health Organization (WHO) Director Tedros Adhanom Ghebreyesus accountable “for crimes against humanity” given the measures recommended and adopted during the Covid-19 pandemic. Earlier this week, the South American country left the WHO, thus following in on US President Donald Trump's steps.
Given US President Donald Trump's tariffs imposition spree that has already hit Mexico, Canada, and China, the European Union (EU) is considering retaliatory measures should these threats materialize. The European Commission is considering using the anti-circumvention instrument (ACI), which allows restrictions in response to coerci⁷ve trade actions by other countries.
The Panama Canal Authority Wednesday denied an earlier announcement by the U.S. State Department that ships flying its flag would pass through the iconic interoceanic waterway toll-free.
After pulling his country from the World Health Organization (WHO), Argentine President Javier Milei admitted Wednesday in an interview with a French outlet that he intended to withdraw from the 2015 Paris Agreement to limit greenhouse gas emmissions to preserve the planet's temperature from rising. The environmentalist agenda is a real fraud, said Milei, thus echoing similar recent statements from US President Donald Trump. To withdraw from the Paris Agreement, Law 27.270 would have to b e repealed by Congress.
Uruguay's Consumer Price Index (CPI) went up 1.1% last month and 5.05% interannually, the National Institute of Statistics (INE) said in a report released Wednesday in Montevideo. Wednesday's figures represented a slight improvement for President Luis Lacalle Pou's administration after recording 1.53% in January 2024 for a 5.09% yoy.
Argentine Presidential Spokesman Manuel Adorni announced Wednesday during his morning press briefing that his country would be following in on Donald Trump's steps and withdrawing from the World Health Organization (WHO), which entailed disbursements totaling around US$ 10 million annually.
Brazilian President Luiz Inácio Lula da Silva said that his US colleague Donald Trump's idea to take over the Gaza Strip made no sense. He also found the idea of relocating the local population to other countries hard to swallow. The Republican leader made these announcements Tuesday after meeting at the White House with Israeli Prime Minister Benjamin Netanyahu.