The Southern Common Market (Argentina, Brazil, Paraguay, and Uruguay) and the EFTA states (Iceland, Liechtenstein, Norway, and Switzerland) signed a Free Trade Agreement (FTA) on Tuesday in Rio de Janeiro, Brazil, creating a zone of nearly 300 million people with a combined GDP
Colombian President Gustavo Petro has halted all future arms purchases from the United States in response to Washington's decertification of his country as a counter-narcotics ally.
For the first time in almost three decades Colombia loses its certification as a US ally in the war on drugs.
For the first time in decades, the U.S. has decertified Colombia as a drug control partner — a symbolic blow to one of Washington's closest allies in Latin America.
Uruguay's economy grew by 2.1% in the second quarter of 2025 compared to the same period in 2024, according to a report released on Monday by the Central Bank (BCU), which also noted a 0.4% growth from the previous quarter.
In a recorded broadcast message, Argentine President Javier Milei outlined the 2026 Budget Bill sent to Congress, asserting that "the worst is over" for the country's economy.