Headlines

Brazil's Central Bank lowers inflation forecast for 2025

Brazil's Broad National Consumer Price Index (IPCA) projections for this year have slipped from 4.45% to 4.43%, according to the latest issue of the weekly Focus Bulletin (FB) released by the Central Bank (BCB) on Monday. The IPCA is tantamount to the country's inflation index.

Uruguay leads Latin America in electric car sales

Uruguay has cemented its position as the undisputed leader in Latin American electric vehicle (EV) adoption, achieving a remarkable market penetration of 27.97% in the third quarter of 2025, the Latin American Zero Emissions Observatory (ZEMO) reported. The South American

Uruguay okays deepwater explorations to seek oil

The Uruguayan Government of President Yamandú Orsi has greenlighted the so-called seismic exploration for oil in the country's territorial waters to the companies APA, PGS, CGG, and Searcher. The decision spurred controversies among environmentalist groups.

Paraguay's population reported to be ageing

Paraguay faces an impending demographic transition that will see its adult elderly population double within the next 25 years due to the accelerated aging of its currently large youth segment, according to warnings from the United Nations Population Fund (UNFPA).