
The Argentine government has earmarked some 70 million dollars, in three years, for the construction of an Antarctic Logistic Pole in Ushuaia, capital of the extreme south province of Tierra del Fuego. Some US$ 25 million will be invested next year to begin the development of the strategic project aimed at consolidating Ushuaia as the support hub for scientific research in Antarctica.

People on both sides of the Argentina / Paraguay border eagerly await the prompt reopening of land crossings between the two countries.

Brazil's Central Bank Wednesday took an active role in the currency exchange market and sold US $ 1 billion to avoid a devaluation of the real, which has already lost a third of its value against the US dollar in 2021 alone

Uruguay's President Luis Lacalle Pou was highly praised for his speech before rural producers of his country and Argentina, where he addressed the issue of freedom.

The evolution of Argentine Tierra del Fuego from an incorporated national territory to a full province, in over a century and a half, has been described by Patagonia historian Bernardo Veksler, who usually contributes with the Diario del Fin del Mundo, edited in Ushuaia.

Chilean Deputies Wednesday filed for the impeachment of President Sebastián Piñera for his ivolvement in financial and entrepreneurial transactions disclosed earlier this month in the so-called Pandora Papers.

Chile's Monetary Policy Group, GPM, recommended on Tuesday that the Central Bank raises 100 points the Monetary Policy Rate, taking it from the current 1,5% to 2,5%, because of an upsurge of inflation and to safeguard the macroeconomic stability of the country.

Brazilian market analysts raised their forecasts for inflation and the Selic key interest rate for 2022 as increasing fuel and food costs plus resurgent demand for services are spiking prices as the pandemic seems to be coming to an end.

Argentine Economy Minister Martín Guzmán Tuesday met in Washington DC with International Monetary Fund Managing Director Kristalina Georgieva to further discuss renegotiations of the country's US $ 45 billion debt.

Charges against Brazil's President Jair Bolsonaro have been filed before the Hague-based International Criminal Court (ICC) for deforestation of the Amazon, it was announced Tuesday.