Forex Directory Latin America News

Argentine gov't releases “full history” video highlighting pre-coup terrorism...
Monday, March 24,2025,10:32

The Argentine Government of President Javier Milei Monday released a video on social media saying March 24, 2025, should be the “Day of Complete Memory” on the 49th anniversary of the Military Junta uprising headed by Lieutenant General Jorge Rafel Videla, marking the beginning of the self-appointed National Reorganization Process which ended up in the 1982 Falklands/Malvinas War and a return to democratic rule the following year. .. read more..

Human rights organizations to make statement at Plaza de Mayo
Monday, March 24,2025,10:11

Leftwing and human rights organizations in Argentina will stage an event at Buenos Aires' Plaza de Mayo marking the 49th anniversary of the military uprising against the democratic government of President María Estela Martínez de Perón (Isabelita). .. read more..

Maduro agrees to Trump’s repatriation flights for deported Venezuelans
Monday, March 24,2025,08:59

Venezuela has agreed with the US Trump administration to resume repatriation flights for deported Venezuelan nationals, officials announced confirming first flights on Sunday. Jorge Rodriguez, Venezuela's National Assembly President said the goal was to “ensure the return of our countrymen with the protection of their human rights.” .. read more..

STF Justice Dino too votes against Bolsonarist Congresswoman Zambelli
Monday, March 24,2025,08:57

Brazilian Supreme Federal Court (STF) Justice Flávio Dino Sunday added a nail to Congresswoman Carla Zambelli's legal coffin by voting in favor of sentencing her to five years and three months in addition to losing her seat in Parliament for the illegal possession of a firearm and illegal restraint with the use of a firearm, Agência Brasil reported. .. read more..

IDB annual assembly hosted by Chile, focused on private sector engagement
Monday, March 24,2025,08:22

The Inter-American Development Bank (IDB) and IDB Invest will hold the 2025 Annual Meetings of their Boards of Governors in Chile on March 26-30. Economic and financial leaders from the Bank’s 48 member countries and the private sector will address key development challenges and opportunities in the Latin America and Caribbean region, including combating poverty and hunger and harnessing innovation to foster growth and sustainability.  .. read more..

Only a global ‘de-risking’ from the US can stop Trump’s trade war
Sunday, March 23,2025,00:30

A unified response is essential. Operating independently would only play to Trump’s advantage, and render nations vulnerable to his bullying. .. read more..

This Week In Cannabis: The CDC's Federal Weed Strategy, Edible Arrangements' ...
Saturday, March 22,2025,20:44

The cannabis industry saw major developments this week across regulation, corporate earnings and consumer trends. The Centers for Disease Control and Prevention (CDC) introduced a federal cannabis strategy while France moved to ban raw flower in medical cannabis sales. Uruguay made an unexpected regulatory appointment and Spain's top medical cannabis advocacy group shut down in protest of restrictive policies. On the business side, High Tide reported record revenue but faced margin concerns, while SNDL reached break-even free cash flow despite weakness in its liquor segment. Charlotte's Web continued its mainstream retail expansion, while Agrify doubled down on THC beverages. Ed... .. read more..

Venezuela to resume US deportation flights after 238 citizens sent to El Salv...
Saturday, March 22,2025,19:06

Caracas is seeking the return of its ‘kidnapped’ citizens, who were moved to a Salvadorean high-security facility by Trump’s administration. .. read more..

Venezuela is bluffing about Essequibo elections, Guyana's TNC argues
Saturday, March 22,2025,11:11

Guyana's National Toshaos’ Council (NTC), representing the country's Indigenous Peoples, has rejected Venezuela's claims of holding elections in the disputed Essequibo region on May 25, 2025, as announced by the Bolivarian regime's Interior Minister Diosdado Cabello. .. read more..

Peru's interior minister impeached by Congress
Saturday, March 22,2025,11:09

Peru's one-house Congress Friday approved by 79 votes in favor, 11 against, and 20 abstentions a motion of censorship and therefore impeached Interior Minister Juan José Santiváñez from his post citing his failure to address rising citizen insecurity, organized crime, and urban violence. This outcome was spurred by events like the murder of pop musician Paul Flores of the band Armonía 10, which prompted President Dina Boluarte to consider reintroducing the death penalty. .. read more..

Chile's Central Bank keeps benchmark interest rate unchanged
Saturday, March 22,2025,10:27

Chile's Central Bank unanimously decided Friday to keep the monetary policy interest rate at 5%, thus responding to market expectations. It was the second consecutive month the rate has been held steady, reflecting caution amid heightened global economic uncertainty driven by geopolitical risks and US tariff announcements under President Donald Trump. These factors have impacted US growth prospects and inflation expectations, prompting the Federal Reserve to pause its rate cuts. .. read more..

Brazil's STF gives three thumbs down to Bolsonarist congresswoman
Saturday, March 22,2025,10:23

Brazil's Supreme Federal Court (STF) has already gathered three votes in favor of sentencing staunch Bolsonarist Congresswoman Carla Zambelli to 5 years and 3 months in prison for illegal possession of a firearm and illegal restraint with a firearm, in addition to removing her from Parliament after case rapporteur Gilmar Mendes cast his virtual opinion Friday. .. read more..

OAS to observe Week for People of African Descent in the Americas
Saturday, March 22,2025,10:20

The Organization of American States (OAS) will observe the Inter-American Week for People of African Descent in the Americas from March 24-28, 2025, themed "I Have a Dream: Recognition. Justice. Development." Inspired by Dr. Martin Luther King Jr.'s iconic 1963 speech, the theme honors the history and enduring legacy of slavery and aims to promote dignity, justice, and development for all. .. read more..

Significantly corrupt CFK banned from entering US
Saturday, March 22,2025,09:36

The United States declared former Argentine President Cristina Fernández de Kirchner (CFK, 2007-2015), her children Máximo and Florencia Kirchner, and former Planning Minister Julio de Vido significantly corrupt, banning them from entering the country, among other measures, for their involvement in significant corruption during CFK's back-to-back four-year terms. .. read more..

Uruguay records increase in foreign visitors who also spent more
Friday, March 21,2025,19:24

Uruguayan summer resorts recorded a 10.45% increase in tourist spending compared to the previous year, with 572,699 visitors entering the country. Popular destinations like Punta del Este, Piriápolis, and Barra del Chuy saw high demand, with accommodation prices soaring. Some apartments in the exclusive Punta del Este fetched up to US$ 20,000 per month. The surge was largely driven by Argentine tourists, compensating for a decline in Brazilian visitors. Montevideo's Carrasco International Airport also hit a record with 206,000 passengers. .. read more..

Argentine province of Santa Fe on alert as number of dengue cases soars
Friday, March 21,2025,18:49

The Argentine province of Santa Fe Friday reported a significant rise in dengue cases, with 598 confirmed, including 563 autochthonous, 25 imported (with patients having a travel history to places such as India, Maldives, Colombia, Brazil, and other provinces of Argentina), and 10 under investigation. .. read more..

Boric signs Chile's pension reform into law
Friday, March 21,2025,10:55

Chilean President Gabriel Boric Font Thursday signed into law the new pensions reform introducing changes to the retirement mechanism in force since Augusto Pinochet Ugarte's military dictatorship (1973-1990). The new law will become effective starting in September 2025 and be fully implemented by 2035. It provides for a mixed system with contributions from workers (10%), employers (8.5%), and a new state-backed social security component, in a move to boost pensions by 14% to 35% for 2.8 million senior citizens, thus addressing the low payouts from privately-managed Pension Fund Administrators (AFPs) currently giving about half the country's retirees about US$ 350 monthly when the minimum... .. read more..

Uruguay’s economy rebounded in 2024, but growth expected to slow in 2025
Friday, March 21,2025,10:17

Uruguay’s economy expanded by 3.1% in 2024, recovering from a severe drought the previous year, according to national accounts data released by the Central Bank of Uruguay (BCU). However, economists warn that growth in 2025 is likely to return to the country's historical pace of slower expansion. .. read more..

Argentina's main labor union announces nationwide strike for April 10
Friday, March 21,2025,09:33

Argentina's General Labor Confederation (CGT) announced on Thursday a nationwide strike against the Libertarian Government of President Javier Milei, which will be staged on April 10, following a demonstration the previous day. It will be the third such measure against the current administration after stoppages on Jan. 24 and May 9, 2024. .. read more..

Argentina: Indec finds unemployment on the rise
Friday, March 21,2025,09:32

Unemployment in Argentina in the last quarter of 2024 rose to 6.4%, up 0.7 points from 5.7% in Q4 2023, but down 0.5 points from Q3 2024 (6.9%), the National Institute of Statistics and Census (Indec) said in a report released Thursday. Joblessness was higher in the Greater Buenos Aires area (7.1%) and lower in Patagonia (4%) while more women (6.9%) than men (6.1%) were going through that plight. .. read more..

Bolivia and China sign phytosanitary protocol for sorghum exports
Friday, March 21,2025,09:09

Bolivia’s Minister of Rural Development and Lands, Yamil Flores, and China’s Vice Minister of Customs, Wang Lingjun, Thursday signed in La Paz a Protocol of Phytosanitary Requirements for the export of sorghum from the South American country. .. read more..

Brazil: STJ upholds fine against parents not vaccinating child against Covid-19
Friday, March 21,2025,08:57

Brazil's Superior Court of Justice's (STJ) Third Panel (Turma) unanimously ruled Thursday that parents who refuse to vaccinate their children against Covid-19 can be fined, upholding a decision by the Paraná state court. The court's rationale hinged around the Statute of the Child and Adolescent (ECA), which mandates child immunization. .. read more..

Ahead of Brics, Brazil official slams developed countries for ‘no interest’ i...
Thursday, March 20,2025,21:49

Energy minister makes comments in the run-up to a meeting of Brics energy ministers in Brazil’s capital. .. read more..

Amazon railroad project faces ballooning costs and environmental concerns
Thursday, March 20,2025,20:03

New data provided by researchers from the University of São Paulo, the Federal University of Minas Gerais, and environmental groups like the Climate Observatory showed that the Ferrogrão railroad, a 933-kilometer project linking Mato Grosso’s grain-producing region to Atlantic ports, could cause significantly greater environmental damage than previously estimated. The study criticizes the government’s feasibility analysis, conducted under former President Jair Bolsonaro, for underestimating deforestation risks and cumulative impacts, especially in the Amazon rainforest and indigenous areas. .. read more..

Bolivia's oil supply from bad to worse
Thursday, March 20,2025,13:37

A lorry carrying crude oil from Chile to Bolivia for refining overturned in Lauca National Park, Arica, Chile, spilling approximately 10,000 liters of oil, thus causing significant environmental contamination. Firefighters initially contained the spill, but damage to flora and fauna is still being assessed by Chile's National Forestry Corporation (Conaf). .. read more..

Brazil: Haddad says Selic adjustment stemmed from Campos Neto era
Thursday, March 20,2025,11:26

After Brazil Central Bank's (BCB) Monetary Policy Committee (Copom) raised Wednesday the benchmark Selic interest rate from 13.25% to 14.25% annually, Finance Minister Fernando Haddad warned that such a move had been planned since December under former BCB President Roberto Campos Neto, who had been appointed during the Jair Bolsonaro years. .. read more..

Argentina's Lower House greenlights Milei's IMF emergency decree
Thursday, March 20,2025,10:51

Argentina's Lower House Wednesday gave its nod to President Javier Milei's Emergency Decree (DNU) clearing the way for further borrowing from the International Monetary Fund (IMF) to reinforce Central Bank reserves and manage debt by 129 votes in favor, 108 against, and 6 abstentions with endorsements from the ruling La Libertad Avanza (LLA) as well as other parties, such as PRO, UCR, Coalición Cívica, Innovación Federal, Producción y Trabajo, and a group of Encuentro Federal lawmakers. Opposition came primarily from the Peronist Unión por la Patria (UxP), leftwing groups, and other minor factions. .. read more..

Eduardo Bolsonaro to seek political asylum in the US
Thursday, March 20,2025,10:23

Brazilian Congressman Eduardo Bolsonaro, a son of former President Jair Bolsonaro, announced he would be taking a leave from Parliament and remaining in the United States where he intends to seek political asylum at the suggestion of his legal team, who advised him against returning to the country as his freedom could be endangered by whatever Supreme Federal Court (STF) Justice Alexandre De Moraes might decide. He traveled to the US on Feb. 27, 2025, initially for meetings and vacation. .. read more..

Brazilian Central Bank raises interest rate to its highest in nine years, 14.25%
Thursday, March 20,2025,06:07

The Brazilian Central Bank Copom (Monetary Policy Committee) raised the benchmark interest rate (Selic) by one full percentage point on Wednesday, from 13.25% to 14.25%, the highest since 2016, the level reached during the political crisis that ousted then president of Dilma Rousseff’s (PT) government. .. read more..

Falklands Government successfully raises funds for future capital investments
Wednesday, March 19,2025,20:55

The Falkland Islands Government (FIG) has successfully raised £150 million to facilitate investment in the capital program over the coming years, and in particular the replacement Port facility planned for 2027. .. read more..

Mexico’s top prosecutor denounces state investigation into ‘ranch of horror’
Wednesday, March 19,2025,20:53

Attorney General said inquiry at Jalisco ranch – which activists called a cartel-run ‘extermination camp’ – was flawed, vows to find truth. .. read more..

Mexico’s top prosecutor denounces state investigation into cartel’s ‘ranch of...
Wednesday, March 19,2025,20:53

Bones, clothing and crematoriums were found at the suspected drug cartel training ground. .. read more..

Falklands retains S&P Global Ratings A+ with stable outlook; praise for FIG f...
Wednesday, March 19,2025,20:35

The Falkland Islands Government (FIG) is pleased to announce that S&P Global Ratings have confirmed that the sovereign rating for the Falkland Islands remains at A+ with a stable outlook. .. read more..

Peru: Pedro Castillo drops hunger strike at the request of his children
Wednesday, March 19,2025,19:53

Former Peruvian President Pedro Castillo Terrones suspended temporarily his "dry hunger strike" but insisted he would not be appearing at his trial for his failed coup d'état in 2022 because it was all a masquerade with his conviction already announced by a biased court. "As a tactical decision, and at the request of my children, my parents, and our beloved Peruvian people, I have decided to temporarily suspend it," he wrote on social media. .. read more..

Milei halts scheduled trip to Israel
Wednesday, March 19,2025,19:09

Argentine President Javier Milei announced Wednesday that he suspended his planned trip to Israel this coming weekend. Although no specific reason was given, it is speculated that the resumption of hostilities against the terrorist group Hamas coupled with various domestic challenges tipped the scale in this direction. .. read more..

‘De-dollar’ diplomacy: Brics focus on alternative currency stirs Trump’s ire
Wednesday, March 19,2025,15:00

What Trump threats against challenging the US dollar’s global primacy could mean for the future of Brics and its member nations. .. read more..

Dollar quotation projected to rise in Paraguay
Wednesday, March 19,2025,14:23

The US dollar is continuing to rise in Paraguay despite the Central Bank (BCP) selling US$ 216 million to local financial institutions to stabilize the currency. Experts predict the dollar could reach ₲ 8,000 in the first half of 2025, driven by international tensions and a weak soybean market. .. read more..

Peronists oppose Milei's intention to take another loan from the IMF
Wednesday, March 19,2025,10:55

Argentina's Justicialist [Peronist] Party (PJ) led by former President Cristina Fernández de Kirchner (CFK) Tuesday expressed its rejection of President Javier Milei's Emergency Decree (DNU) 179/25 clearing the way for further borrowing from the International Monetary Fund (IMF) with no Congressional approval. The PJ deemed the initiative “illegitimate” and unconstitutional on the grounds that it violated Law 27.612, which requires the Executive to submit full IMF agreement details to Congress, and Article 75 of the National Constitution, which assigns Congress the authority to manage national debt. .. read more..

Caracas warns against US travel
Wednesday, March 19,2025,10:47

Venezuela's Bolivarian Government issued earlier this week a travel advisory warning its citizens against visiting the United States following Washington's deportation of many Tren de Aragua gang members to El Salvador's maximum security Cecot prison. .. read more..

Brazil condemns Conmebol chief statements
Wednesday, March 19,2025,10:12

The Brazilian Government of President Luiz Inácio Lula da Silva Tuesday condemned South American Football Confederation President Alejandro Dominguez's remark comparing a Libertadores Cup without Brazilian teams to “Tarzan without Cheetah,” and criticized the sporting body for failing to combat racism effectively. .. read more..

Julio María Sanguinetti becomes corresponding member of Brazilian Academy of ...
Wednesday, March 19,2025,10:06

Former Uruguayan President Julio Maria Sanguinetti was inaugurated as a corresponding member of the Brazilian Academy of Letters (ABL) last Monday. In his acceptance speech, he emphasized the shared history of Uruguay and Brazil and how territorial disputes evolved into unity and brotherhood. Sanguinetti also highlighted the contributions of Brazilians like the Barons of Rio Branco and Mauá to Uruguay's history and recalled his friendship with former Brazilian President José Sarney, who spoke about their shared moments during Brazil's democratic transition. Sanguinetti now occupies Chair 8, dedicated to Sebastião da Rocha Pitta, an early historian of Portuguese America. .. read more..

Nearly 500,000 people affected by oil spill in Ecuador
Tuesday, March 18,2025,19:01

Local communities in the Ecuadorean province of Esmeraldas were still protesting Tuesday after a major oil spill last week left some 500,000 residents with no access to drinking water, in addition to other environmental damages. .. read more..

Mexico City overhauls bullfights in win for animal activists
Tuesday, March 18,2025,18:57

The measure, sharply criticised by fans, includes preventing bullfighters from using spades and swords to attack the animals. .. read more..

Mexico City bans violent bullfighting, sparking outrage and celebration
Tuesday, March 18,2025,18:57

Mexico City, home to the world’s biggest bullring, prohibits the killing of bulls and the use of sharp objects that could injure animals. .. read more..

Buenos Aires City and Province measles cases trigger joint gov't response
Tuesday, March 18,2025,18:37

Following the confirmation of 11 measles cases, 7 in Buenos Aires City and 4 in Buenos Aires province, Argentina's Health Ministry launched a "focused vaccination strategy" targeting high-risk areas, particularly the Buenos Aires Metropolitan Area (AMBA). Measles, a highly contagious and potentially deadly viral disease, primarily affects young children and immunocompromised individuals, with vaccination as the only prevention method. .. read more..

Mexico seeks to prevent US from deporting Mexicans to Guantanamo Bay
Tuesday, March 18,2025,16:51

President Claudia Sheinbaum said request was sent last month after US confirmed plan to transfer migrants to the US naval base in Cuba. .. read more..

At least 12 die as Honduras plane crashes into water after take-off
Tuesday, March 18,2025,14:03

The small Jetstream plane crashed minutes after taking off from Honduras’ popular Roatan Island. .. read more..

13 die in Honduras plane crash off Caribbean coast
Tuesday, March 18,2025,14:03

Jetstream plane crashed minutes after take-off from Roatan Island on Monday. Transport minister said authorities suspect mechanical failure. .. read more..

Falklands, proposed changes to National Minimum Wage Accommodation
Tuesday, March 18,2025,11:05

The Falkland Islands Government (FIG) Policy Department is reviewing the National Minimum Wage (NMW) Accommodation Offset and has published proposed changes for comment. This follows a first round of consultation, conducted late last year, which identified several issues with the regulation. .. read more..

At least six killed in Honduran air crash
Tuesday, March 18,2025,10:52

A Jetstream 32 twin turboprop aircraft of Líneas Aéreas Nacionales de Honduras Sociedad Anónima (Lanhsa) Monday plunged into the Caribbean Sea shortly after takeoff from Juan Manuel Gálvez International Airport in Roatán, Honduras, en route to La Ceiba. The aircraft, carrying 15 passengers and 2 crew members, including a Honduran-American singer-songwriter, Aurelio Martínez Suazo, a French woman, and two minors, failed to gain sufficient altitude due to a suspected mechanical failure. At least six people died, five were injured, and six remain missing. .. read more..

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