Argentina is poised for a record wheat harvest this season, bolstered by favorable weather and an increase in plantings. Experts suggest that extending cuts to export taxes could further enhance production and stimulate the economy, benefiting farmers nationwide.
Browsing: South America
Brazil’s booming offshore oil sector is becoming a crucial supplier for China’s energy needs. As Chinese firms invest heavily in Brazilian oil projects, the two nations strengthen their economic ties, reshaping global energy dynamics amidst rising demand.
Patagonia Gold has successfully secured a $40 million investment to advance its mining project in Argentina, bolstering its operational capabilities and potential for growth in the region’s rich mineral landscape. The funding marks a significant milestone for the company.
Brazil aims to enhance its international presence by engaging in talks with the United States, while simultaneously pursuing expanded trade deals with other nations, a government official stated. This strategy underscores Brazil’s intent to boost economic growth.
Ford Argentina reported a remarkable 99 percent increase in sales for March 2025, signaling a robust recovery in the automotive market. This surge reflects growing consumer demand and revitalized production efforts, positioning Ford for a strong year ahead.
Brazil’s former president Jair Bolsonaro is facing potential prison time as legal challenges mount against him. Allegations of corruption and abuse of power have intensified since he left office, drawing scrutiny from both legal experts and the public.
Global contractors are vying for Argentina’s Floating LNG (FLNG) project, a pivotal venture aimed at enhancing the nation’s energy landscape. With significant investments at stake, firms are exploring innovative solutions to secure a competitive edge in this lucrative race.
Argentina’s recent overhaul of its foreign exchange regime has sparked widespread speculation about the future of the peso. As the government aims to stabilize the currency amid soaring inflation, analysts are closely watching how these changes influence economic recovery.
In “Opinion | Argentina Needs the Dollar More Than Ever,” the Wall Street Journal explores the nation’s escalating economic crisis, highlighting the urgent need for dollarization. As inflation spirals, many Argentines seek stability through the U.S. currency.
Brazil is shifting its focus toward negotiation in response to recent U.S. trade tariffs, officials announced. The move aims to address trade tensions and foster stronger economic ties between the two nations, emphasizing dialogue over confrontation.
Argentina’s President Javier Milei achieved a significant milestone by securing a deal with the IMF, marking a pivotal step towards economic stabilization. The agreement allows for the removal of most capital controls, signaling a shift towards fiscal reform and investor confidence.
Recent studies reveal that Brazil’s rivers are leaking significant amounts of carbon dioxide, challenging our understanding of carbon cycles. This unexpected finding could have profound implications for climate change efforts and global carbon modeling.
In a significant move for his administration, President Javier Milei announced Argentina’s new deal with the IMF, marking a pivotal step towards economic stabilization. The agreement coincides with the removal of most capital controls, signaling a shift towards greater financial freedom.
The International Monetary Fund (IMF) has confirmed a preliminary agreement with Argentina for a $20 billion loan aimed at stabilizing the country’s economy. This funding is expected to bolster Argentina’s financial situation amid ongoing challenges.
Argentina announced plans to lift its strict currency controls, bolstered by support from the International Monetary Fund (IMF). The move aims to stabilize the economy and restore investor confidence amid ongoing financial challenges.
Former Brazilian President Jair Bolsonaro has been hospitalized due to abdominal pain, according to reports. The 68-year-old, who has a history of health issues following a stabbing in 2018, is undergoing tests to determine the cause of his discomfort.
Thousands of Argentinians took to the streets in a general strike to protest President Javier Milei’s ‘chainsaw’ austerity measures. Demonstrators demanded an end to cuts that they claim threaten social welfare and deepen economic inequality in the nation.
Brazil has dismissed coach Dorival Júnior following a disappointing defeat to Argentina. The loss, which marked a setback for the national team, led officials to reassess their coaching strategy ahead of upcoming competitions. Further details are expected soon.
Recently declassified documents reveal new insights into the secretive escape of Nazi officials to Argentina following World War II. The files, released by government agencies, shed light on the networks that facilitated their escape and subsequent lives in South America.
As Trump-era tariffs pose a challenge, Argentina is intensifying efforts to secure a trade deal in Washington. Officials aim to bolster economic ties and mitigate potential impacts of U.S. tariffs on Argentine exports, highlighting the urgency of negotiations.