
Uruguayan President Luis Lacalle Pou announced his country would apply to join the Trans-Pacific Partnership, in a move to have access to more competitive tariffs, which has caused a stir with Mercosur and could jeopardize other negotiations with China, it was reported.

The world is on the brink of a historic economic downturn with disastrous outcomes for working people in all regions unless governments urgently implement a new social contract, delegates have been told at the 5th ITUC World Congress, Melbourne, Australia.

The UN and Turkey-sponsored deal aimed at easing global food shortages by facilitating Ukraine’s agricultural exports from its southern Black Sea ports was extended for 120 days last Friday, though Moscow complained that its own demands had not been fully addressed.

Joseph Biden Sunday became the first US President to turn 80 while in office. Despite his recent lapses, he has hinted he would seek reelection in 2024, a subject still under debate within the Democratic Party.

A World Bank study released Sunday in Brasilia showed the largest South American country was second globally among 198 economies in the digitalization of public service structures.

Argentine President Alberto Fernández is to undergo an endoscopy for the bout of erosive gastritis he suffered while at the G20 Summit in Indonesia, the Presidential Medical Unit (UMP) reported Friday.

Brazil's Economy Minister Paulo Guedes Friday admitted the spending ceiling needed to be pierced because it was poorly constructed, but he insisted that the federal spending cap remains a necessary tool to ensure the stability of public accounts.

World dignitaries gathered at the United Nations Conference of Parties (COP 27) Climate Change Summit in the Egyptian resort of Sharm el Sheikh have agreed to extend their sessions for the weekend after no conclusive agreement was reached before Friday's closing day activities.

Uruguay's unemployment rate was reported Friday by the National Statistics Institute (INE) to have stood at 7.8% in the month of October, a slight decrease from September's 8.3%.

After having clashed with the baking and financial sectors of Brazil, which had an immediate effect on the currency, interest rates and the stock market, president-elect Lula da Silva said on Friday he was prepared to be fiscally responsible with government spending.