News of latin america

Dina Boluarte accepts the presidential baton and sash.

Dina Boluarte: Peru's first female president

Yesterdat 15:22 Dina Boluarte was virtually unknown on the Peruvian political scene a year and a half ago, when she rode into office in July 2021 as Pedro Castillo's vice-president.

This screen grab obtained from a handout video published by the Peruvian Presidency shows Peruvian President Pedro Castillo delivering a message to the nation in Lima on December 7, 2022. Peru's President Pedro Castillo dissolved Congress on December 7, 2022, announced a curfew and said he will form an emergency government that will rule by decree, just hours before the legislature was due to debate a motion of impeachment against him.

POLITICAL CRISIS IN PERU

Peru's new president under pressure after predecessor's arrest

Yesterdat 15:14 Peru's Pedro Castillo was impeached and replaced as president by his deputy on Wednesday in a dizzying series of events in a country that has long been prone to political upheaval.

LATIN AMERICA

Lula and Maduro show solidarity with Fernández de Kirchner after conviction

07-12-2022 18:53 "We express our firm rejection of the permanent media and political persecution to which the vice-president has been subjected," the Venezuelan leader wrote on Twitter.

PERU

Peru president impeached despite bid to dissolve Congress

07-12-2022 17:02 Lawmakers defiantly gathered to debate and approve an impeachment motion, with 101 votes out of a total of 130 lawmakers, in a session broadcast live on television.

PERU

Peru's Castillo dissolves Congress, to name 'emergency' govt

07-12-2022 14:50 A new congress will be convened "as soon as possible," the embattled leader announced to Peruvians in a televised address.

A person watches as a FB Líneas Aéreas SA (Flybondi) airplane arrives in Buenos Aires.

Bloomberg

Low-cost airline Flybondi doubles down on domestic travel

07-12-2022 13:41 Argentina’s low-cost airline Flybondi is doubling down on its bet that local and regional travel will continue growing at a fast clip.

Brazil Vice-President Hamilton Mourão, Argentina's President Alberto Fernández, Bolivia's Foreign Minister Rogelio Mayta, Uruguay's President Luis Lacalle Pou, and Paraguay's President Mario Abdo Benítez attend the Mercosur heads of state summit and associated countries in Montevideo on December 6, 2022.

MERCOSUR TRADE BLOC

Mercosur members avoid rupture at summit as leaders voice concerns

07-12-2022 00:55 Summit ends with parties reiterating their differences over free-trade deals, as President Alberto Fernández accuses Uruguay’s Luis Lacalle Pou of wanting to ‘break up’ the Mercosur trade bloc.

Mercosur tensions

South American trade partners pile pressure on rebel Uruguay

05-12-2022 20:37 Three nations warn Uruguay’s move to chase trade deals without the agreement of its Mercosur partners risks undermining or rupturing customs union.

Uruguayan President Luis Lacalle Pou (L), Paraguayan President Mario Abdo Benitez (C) and Argentine President Alberto Fernandez pose for the official photo after the Mercosur Summit in Luque, Paraguay, on July 21, 2022.

MERCOSUR TENSIONS

Mercosur’s future in balance as summit begins

05-12-2022 17:48 Argentina, Brazil and Paraguay reiterated their criticism of Uruguay on Monday over their partner’s willingness to negotiate agreements with countries outside the Mercosur bloc.

Pierpaolo Barbieri, founder and CEO of Ualá.

BLOOMBERG

Fintech firm Ualá to start giving personal loans in Mexico

05-12-2022 17:06 Ualá will begin offering loans for its clients in Mexico through its alliance with Mexican bank ABC Capital.

Brine evaporation pools at Liex’s 3Q lithium mine project near Fiambala, Catamarca Province, Argentina, on Sunday, December 5, 2021.

Lithium and Latin America

Argentina is pressing United States for exception to tap EV tax bonanza

03-12-2022 08:34 President Alberto Fernández’s government seeking exception from rules; Confusion remains on producers’ eligibility for tax credits; United States seeking to end China’s dominance of key new-energy sector.

Qatar 2022 World Cup

Best still to come from World Cup favourites after shocks galore

03-12-2022 08:24 Brazil are still the favourites to win the World Cup for most, but after an exciting group stage there is a sense there are more surprises in store at Qatar 2022.

Luis Lacalle Pou, Uruguay’s president, attends an event at the Paraguayan Rmbassy in Montevideo, Uruguay, on Friday, October 7, 2022.

REGIONAL TRADE BLOC

Mercosur tensions rise as Uruguay seeks trade deal outside bloc

03-12-2022 08:19 Uruguay's move to join one of Asia's biggest pacts marks a rupture after years of Montevideo seeking a more open approach to international commerce by the group.

Argentina fans cheer on the team at a World Cup screening in Buenos Aires.

THE WEEK IN REVIEW

Stories that caught our eye: November 25 to December 2

02-12-2022 10:09 A selection of stories that caught our eye over the last seven days in Argentina.

Uruguay President Luis Lacalle Pou speaks to Argentina's President Alberto Fernández at a Mercosur summit in Asunción, as Paraguayan President Mario Abdo Benítez looks on.

MERCOSUR TRADE BLOC

Mercosur in open conflict ahead of summit showdown

01-12-2022 14:03 President Alberto Fernández joins forces with Brazil’s Jair Bolsonaro and Paraguay’s Mario Abdo Benítez to formally complain over Uruguay’s move to sign trade deals without approval from partners; Next week’s Mercosur summit will be "entertaining," jokes Luis Lacalle Pou, with regional trade bloc set for showdown.

Late Colombia and Atlético Tucumán midfielder Andrés Balanta.

SUSPECTED HEART ATTACK

Atlético Tucumán midfielder dies after training collapse

30-11-2022 14:41 The reason for the midfielder's death has not yet been reported, but local media reports said that he suffered a heart attack.

CHILE

Chile's unique Atacama desert sullied by world's junk

30-11-2022 13:59 Mountains of discarded clothing, a graveyard of shoes, and rows upon rows of scrapped tires and cars blight at least three regions of the arid desert.

Argentina's forward Lionel Messi takes part in a training session at the Qatar University in Doha on November 29, 2022, on the eve of the Qatar 2022 World Cup football match between Poland and Argentina.

QATAR 2022 WORLD CUP

Polish coach praises Albiceleste ahead of critical matchup

30-11-2022 10:44 "Since I was a little boy, I've always rooted for Argentina. They have great fans, a great team, and huge personalities," admitted Czeslaw Michniewicz ahead of Wednesday's game.

BRAZIL

Bolsonaro attends first public event since election loss

28-11-2022 12:53 The outgoing far-right president attended the ceremony in Resende, about 1,000 kilometres southeast of his residence in Brazil's capital, where he has been holed up since losing the October 30 runoff.

Handout picture released by the SNAI prison authority showing security forces during an operative at Pichincha 1 prison in Quito on 18 November 2022.

DRUG TRAFFICKING

Ecuador: a new nerve centre for global drug trade

24-11-2022 13:18 Geography and corruption among the main reasons that one of Latin America's smaller countries has evolved into a hotspot for transnational crime.

The president of the ruling Liberal Party, Valdemar Costa Neto (C-Front), delivers a press conference in Brasilia on November 23, 2022. The party of Brazil's outgoing President Jair Bolsonaro called on the electoral court Tuesday to reject ballots from some 280,000 machines used in last month's vote, alleging errors it said robbed their leader of re-election.

BRAZIL

Brazil election court throws out Bolsonaro challenge, fines party

24-11-2022 12:41 The head of the Superior Electoral Tribunal ruled the far-right president's Liberal Party had presented "absolutely false" arguments in its case, which he said was aimed at "encouraging criminal and anti-democratic movements" by Bolsonaro supporters seeking to fight the election result.

This handout photo released by Miraflores Presidential Palace Press Office shows Venezuela's President Nicolás Maduro and his wife, Cilia Flores, waving to the crowd during the swearing-in of the elected structure of the ruling United Socialist Party of Venezuela (PSUV) as part of preparations for the upcoming 2023 internal elections in Caracas on November 17, 2022.

CRISIS IN VENEZUELA

Maduro administration to resume talks with Venezuelan opposition

24-11-2022 01:27 Negotiations between the two sides last took place in October 2021 in Mexico, and international efforts have mounted in recent months to get the talks back on track.

COLOMBIA

Colombia resumes talks with powerful ELN guerrilla group

23-11-2022 15:02 Dialogue is a push toward conciliation by President Gustavo Petro, who in August became Colombia's first-ever leftist leader, and who has vowed a less bellicose approach to ending violence wrought by armed groups.

Outgoing President Jair Bolsonaro in Brasília.

BRAZIL

Bolsonaro backers seek votes annulment to give him Brazil win

23-11-2022 14:24 "We require that the respective votes at the electronic voting machines, in which irreparable operating discrepancies were verified, be invalidated," said the Liberal Party in a lawsuit filed at the Superior Electoral Court (TSE).

BRAZIL

Lula’s advisers, Congress seek middle ground in spending plan

23-11-2022 14:10 Negotiations underscore a problem that has long concerned policymakers across the political spectrum — that the current fiscal rule, which sets a ceiling that limits spending growth to the previous year’s inflation rate, is impractical.

A projection mapping shows the national flag on the Obelisk in Buenos Aires.

ECONOMIC OUTLOOK

OECD forecasts slowdown for Argentina’s economy in 2023

22-11-2022 14:42 Argentina’s GDP will grow 4.4% this year and by just 0.5% the following; Global GDP will increase 3.1% in 2022 – nearly half the rate of previous year, forecasts Organization for Economic Co-operation and Development.

AMERICAS

Inter-American Development Bank picks Brazil's Goldfajn as next president

20-11-2022 12:34 Ilan Goldfajn, the current Western Hemisphere director of the International Monetary Fund, was elected during a meeting Sunday of finance ministers and other officials of member nations.

BRAZIL UNDER BOLSONARO

Silent Bolsonaro leaves void in Brazil presidency

20-11-2022 09:25 Nearly three weeks after losing to leftist rival Luiz Inácio Lula da Silva, Jair Bolsonaro – who remains in office until January 1 – has gone uncharacteristically silent, shunning official events and even his beloved social media accounts.

And that reminds me… (World Cup edition)

Forecasts are always messy

19-11-2022 06:50 The main barrier facing Qatar, and many others, is the overwhelming Euro-American monopoly of this event – not only all 21 World Cups until now (nine on this side of the Atlantic) but 163 of the 168 quarter-finalists since 1930.

by Michael Soltys

Argentina's International Economic Relations secretary and candidate for the presidency of the Inter-American Development Bank (IDB), Cecilia Todesca Bocco, speaks during an interview with AFP in Washington DC on November 15, 2022.

INTERVIEW

Todesca Bocco, Argentina's candidate for IDB chief, calls for its ‘transformation’

17-11-2022 16:17 Cecilia Todesca Bocco, Argentina's Secretary for International Economic Relations and candidate for the presidency of the Inter-American Development Bank (IDB), outlines her vision for the institution.

El Salvador

Salvadoran president vows to buy "one #Bitcoin every day'

17-11-2022 16:04 Bitcoin traded at about $16,500 per unit on Thursday, down from $45,000 in September 2021 when El Salvador adopted the cryptocurrency.

Qatar 2022 World Cup

Messi, Suárez, Cavani, Di María... farewell to an unforgettable generation

17-11-2022 14:12 Qatar 2022 will be remembered as the farewell cup for a golden generation of Latin American footballers.

Brazil's coach Tite (front right) gathers players and staff around a television screen during a training session on November 16, 2022 at the Continassa training ground in Turin, as part of Brazil's preparation ahead of the Qatar 2022 World Cup.

Qatar 2022 World Cup

Brazil head to Qatar as favourites to win a World Cup like no other

17-11-2022 02:07 Argentina, England, France, Germany and Spain also tipped for success.

A worker uses machinery to load stone dust from a pile in a field at the Vargem Dourada farm in Padre Bernardo, Goias State, Brazil, on May 19, 2022.

BLOOMBERG

South America rain offers hope for relief in world food prices

15-11-2022 21:28 Rain finally fell in Argentina over the weekend and soy farmers started revving up tractors to make up for lost planting time.

Inter-American Development Bank

Brazil Central Bank veteran wants to curb politics at the IDB

15-11-2022 20:15 Ilan Goldfajn says Inter-American Development Bank said the institution needs to overcome the region’s historic left-right political conflicts to address challenges from poverty to climate change.

BRAZIL

Thousands of Brazilians demand army support to block Lula taking power

15-11-2022 17:05 Bolsonaro faithfuls allege fraud, call for military intervention in lead-up to presidential transition.

Argentina's President Alberto Fernandez meets with Chinese Premier Xi Jingping on the sidelines of the G20 Leaders Summit in Bali, Indonesia, November 2022.

FOREIGN POLICY & DIPLOMACY

President hospitalised after suffering gastritis at G20 summit in Bali

15-11-2022 10:03 Argentina's president suffers illness at G20 Leaders Summit and is briefly hospitalised. After receiving treatment, he goes ahead with bilateral meeting with Chinese premier Xi Jingping.

Inter-American Development Bank

Argentina nominates Cecilia Todesca Bocco for IDB chair

14-11-2022 14:09 Argentina’s government proposes International Economic Relations Secretary Cecilia Todesca Bocco as its pick for the next head of the Inter-American Development Bank (IDB/BID).

President Alberto Fernández arrives at Ngurah Rai International Airport ahead of the G20 Summit in Bali, Indonesia November 14, 2022.

FOREIGN POLICY & DIPLOMACY

Alberto Fernández eyes progress in Bali at G20 summit

14-11-2022 13:37 Russia-Ukraine talks and IMF surcharges on the agenda for the president, who will attend event hosted by US leader Joe Biden and hold a bilateral meeting with Chinese Premier Xi Jingping.

Luiz Inácio Lula da Silva is presented with a headdress during an event with the indigenous community at Parque dos Igarapés, Belén, Pará state, Brazil, on Friday, September 2, 2022.

ENVIRONMENT

Lula moves to put Brazil at vanguard of climate negotiations

14-11-2022 09:43 Lula will present his vision for the Amazon, the world’s largest rainforest , at COP27 on Wednesday morning.

BLOOMBERG - ANALYSIS

Latin America is slipping out of the US orbit

14-11-2022 06:37 Must the US kiss Latin America goodbye? To woo back the region, the Biden administration needs to offer it a better deal than China’s.

Nicolás Eyzaguirre, Chile's former finance minister, stands for a photograph following an interview in Santiago, Chile,

Inter-American Development Bank

Latin America bank to consider five candidates for chief

13-11-2022 12:13 There are five candidates in race to become new chief for the Inter-American Development Bank, a key financial institution for the region.

This handout picture released by the Chilean Presidency shows Chile's President Gabriel Boric during his arrival to Temuco, Chile, on November 10, 2022. Boric began this Thursday a two-day visit to the Araucania region, a rich forest area in the south of the country that is experiencing a conflict with groups of the Mapuche people, eight months after being sworn in.

LATIN AMERICA

Chile president blasts 'terrorist' Mapuche attacks in flashpoint region

11-11-2022 13:41 Gabriel Boric slams "terrorist" arson attacks as he visited the southern Araucanía region that has been wracked by violence.

The 31st Pride March last weekend was well attended by the local LGBT+ community in Buenos Aires.

THE WEEK IN REVIEW

Stories that caught our eye: November 4 to 11

11-11-2022 12:05 A selection of the stories that caught our eye over the last seven days in Argentina.

President Alberto Fernández meets with French President Emmanuel Macron in Paris.

FOREIGN POLICY & DIPLOMACY

Ukraine, Venezuela top agenda as Fernández meets Macron in Paris

11-11-2022 10:52 Leaders huddle for 45 minutes at the Élysée Palace to tighten their bilateral links and work on a joint global agenda; Macron expresses regret over failed attack against vice-president, calls for progress on Venezuela talks.

LITERATURE

Venezuelan poet Rafael Cadenas wins 2022 Cervantes Prize

10-11-2022 18:45 Venezuelan poet Rafael Cadenas celebrated with most prestigious award in Spanish literature, announced this Thursday in Madrid by Spain’s Minister of Culture, Miquel Iceta.

Aerial view of a wood processing factory in Resistencia, Chaco Province, Argentina, taken on October 26, 2022. Deforestation is devouring the second most important biome in South America, the Gran Chaco indigenous forest.

ENVIRONMENT

Agriculture and livestock farming devours the forests of Gran Chaco

09-11-2022 15:39 The Gran Chaco indigenous forest, spanning one million square kilometres across three nations, is a little-known victim of 25 years of gradual invasion by agriculture and livestock farming, with deforestation causing immeasurable harm to local fauna and flora.

Economy Minister Sergio Massa holds a press conference.

BLOOMBERG

Massa discussed Inter-American Development Bank job with US senators

08-11-2022 22:15 US senators discussed with Sergio Massa the possibility of Argentina's economy minister becoming a candidate to lead the Inter-American Development Bank.

In this file photo taken on November 1, 2022, Brazilian President Jair Bolsonaro walks at Alvorada Palace in Brasilia, before addressing the country for the first time since losing to leftist Luiz Inácio Lula da Silva in the run-off election of October 30.

Post-election fall-out

Brazil's Bolsonaro keeps low profile after loss

08-11-2022 16:07 Brazilian president has been uncharacteristically quiet since his election loss to Luiz Inácio Lula da Silva last month.

AGRICULTURE

Uruguay farmers fend off droughts with soy technology, CEO says

08-11-2022 11:11 Farmers in Uruguay are withstanding climate change through investments in technology to fight droughts.

BRAZIL

Tough choices as Brazil's Lula gets down to business

07-11-2022 13:55 The political horse-trading of the transition period starts in earnest for the veteran leftist, who will be sworn in for a third term on January 1.

PERU

Thousands march in Peru calling for president's removal

07-11-2022 13:34 Opponents of Castillo government march through Lima; Dozens of riot police use tear gas to prevent them from reaching Parliament and the government palace.

Bloomberg

China set to buy Brazilian soymeal to diversify supplies

05-11-2022 08:41 China is preparing to import soybean meal from Brazil as part of broader efforts to diversify sources of the animal feed ingredient, ease a near-term supply shortage and curb inflation risks.

EDITORIAL

Sambas are not tangos

05-11-2022 06:22 Alberto Fernández raced to São Paulo to congratulate a victorious Luiz Inácio Lula da Silva yet no mirror of his own future awaited him in Brazil.

And that reminds me…

A fireworks summit

05-11-2022 06:14 There is a strong case for presenting that Summit of the Americas in Mar del Plata exactly 17 years ago today and the surrounding anniversaries as the true birth of Kirchnerism.

by Michael Soltys

As I see it

The search for something different

05-11-2022 06:00 For years now, the dissatisfied with this state of affairs have been looking for something different. Their ongoing search for new blood has had some startling results.

by James Neilson

A Brazilian tourist has died after being crushed by a falling slab of ice in a cave on the outskirts of the southern city of Ushuaia, judicial sources said Thursday. The accident occurred on Wednesday afternoon at around 4pm when a group of visitors entered the so-called Jimbo Cave (pictured) in Valle de Andorra.

THE WEEK IN REVIEW

Stories that caught our eye: October 28 to November 4

04-11-2022 15:19 A selection of the stories that caught our eye over the last seven days in Argentina.

ARGENTINA

Brazilian tourist killed by falling ice in Tierra del Fuego

03-11-2022 15:01 Fatal incident occurred in Jimbo Cave, an area of Ushuaia where it is forbidden to enter for security reasons.

President's reaction

Brazil's Bolsonaro asks supporters to 'unblock' roads

03-11-2022 00:56 Demonstrators, unwilling to accept the election defeat to leftist ex-president Luiz Inácio Lula da Silva, have clogged autoroutes and caused nationwide disruptions for more than three days.

Luiz Inácio Lula da Silva with his wife Rosangela da Silva. Seen as his possible successor, she attended numerous campaign events with her husband.

BRAZIL ELECTION 2022

Jail term to a third term – the story of Lula's historic comeback

02-11-2022 22:00 Books, love and diehard support helped Luiz Inácio Lula da Silva survive jail and take back Brazil’s Presidency. But he inherits a changed country, and the challenges still ahead are daunting.

BRAZIL ELECTION 2022

Brazil's Lula finds quick welcome and likely ally in Biden

02-11-2022 15:28 Lula and Biden – both septuagenarian political veterans who returned to the ballot on avowed missions to save democracy – stand to form a close partnership on issues, starting with climate change.

Colombian President Gustavo Petro and his Venezuelan counterpart Nicolás Maduro exchange documents after signing a agreements at Miraflores Presidential Palace in Caracas, on November 1, 2022.

FOREIGN POLICY

Colombia leader in rift-healing visit to Venezuela after nine-year pause

02-11-2022 13:13 Meeting in Caracas between Colombia's Gustavo Petro and Venezuela's Nicolás Maduro marks a watershed warming between the once-estranged neighbours.

Latin America

LatAm newspapers eye more income after consolidating digital subscriptions

01-11-2022 21:43 Having overcome the resistance to paying for news on the Internet, newspapers in Latin America are seeing light at the end of the tunnel.

Brazilian President Jair Bolsonaro arrives to make a statement for the first time since Sunday's presidential run-off election, at Alvorada Palace in Brasilia, on November 1, 2022.

BRAZIL ELECTION 2022

Bolsonaro 'authorises' transition without acknowledging defeat

01-11-2022 21:27 In a speech that lasted just over two minutes, the far-right incumbent neither acknowledged defeat, nor congratulated Lula on his victory.

Bolsonaro supporters block a road to protest against the results of the presidential run-off on October 31.

BRAZIL ELECTION 2022

Brazil protesters block roads, airport as Bolsonaro stays silent

01-11-2022 11:57 Protests led by truck-drivers escalate; Bolsonaro has refused to make any public comment after losing the presidential run-off to Lula by less than two percentage points – the narrowest margin for a presidential election in the country’s modern history.

BRAZIL ELECTION 2022

Bolsonaro’s silence a day after vote loss has Brazil on edge

31-10-2022 21:17 Speculation is growing in Brazil’s capital about the president’s next moves and television networks have arranged cameras around different government buildings in case Bolsonaro decides to break his silence.

President Alberto Fernández meets with Brazil's President-elect Luiz Inácio Lula da Silva in São Paulo after the latter's election win over Jair Bolsonaro.

FOREIGN POLICY & DIPLOMACY

Lula meets Alberto, vows to restore Argentina tradition trip

31-10-2022 18:53 Argentina’s President Alberto Fernández flies to São Paulo to become first foreign leader to meet with Brazil’s next head of state; Lula confirms will visit Buenos Aires in his first trip abroad as president-elect, restoring tradition previously broken by Jair Bolsonaro.

Luiz Inácio Lula da Silva, Brazil's president-elect, centre, poses for a photograph after winning the run-off presidential election in São Paulo, Brazil, on Sunday, October 30, 2022.

NEW PRESIDENT'S TEAM

Lula to mix old and new allies to solve Brazil’s cabinet puzzle

31-10-2022 15:37 Incoming leftist leader has vowed that his government won’t be dominated by his Workers’ Party, but will include representatives of all the groups that helped him attain a third term.

President Alberto Fernández, pictured on a flight to São Paulo.

BRAZIL ELECTION 2022

Fernández flies to São Paulo to congratulate Lula on election win

31-10-2022 11:10 President Alberto Fernández heads to São Paulo for a meeting with Brazil's new president-elect Luiz Inácio Lula da Silva.

Four political heavyweights – Alberto Fernández, Cristina Fernández de Kirchner, Luiz Inácio Lula da Silva and José ‘Pepe’ Mujica – headline an event in Plaza de Mayo marking Day of Democracy and Human Rights.

BRAZIL ELECTION 2022

Lula's leftist triumph: Is this Latin America's second 'pink tide'?

31-10-2022 08:28 From Mexico in the north to Chile in the south, Latin America's constantly see-sawing political map once again resembles that of the early 2000s. But analysts say this time is different: the trend is driven by pragmatism rather than ideology.