Argentina’s YPF reported a net loss in Q3, driven primarily by soaring tax expenses. This state oil giant’s results underscore the challenging economic environment amid fluctuating commodity prices
Browsing: South America
Brazil is gearing up to turn its oil profits into a dynamic force driving its energy revolution, President Lula announced. This ambitious plan aims to fast-track the expansion of renewable energy and sharply reduce reliance on fossil fuels, signaling a historic turning point in the country’s energy landscape
Argentina’s TGS has made a bold move by submitting a Rigi application for upcoming projects that promise to revolutionize the nation’s energy infrastructure. This exciting step underscores their unwavering commitment to propelling the country’s gas transport sector into a dynamic future of growth and innovation
Decanter shines a spotlight on Entre Cielos in Mendoza, Argentina, as a premier wine destination. Nestled against the stunning Andes foothills, it captivates visitors with exquisite Malbecs and sweeping vineyard views, redefining luxury wine tourism like never before
Javier Milei’s economic policy in Argentina champions bold free-market reforms, sweeping tax cuts, and extensive deregulation designed to tame inflation and spark powerful economic growth. Yet, critics warn that these swift changes might bring serious social challenges
Argentina’s Central Bank has slashed reserve requirements to unleash a wave of liquidity into the financial system, sparking hopes for a much-needed boost in economic activity amid ongoing market hurdles, Bloomberg reports
Brazil’s soybean exports to China may not reach the soaring heights expected in 2024, reveals Valor International. Shifting demand trends and evolving market forces are transforming the future landscape of trade volumes
In a vibrant Brazilian city, celebrations ignite with energy from dramatic cliff tops cascading down to the sparkling sea, where breathtaking views blend seamlessly with lively traditions. This unique festival enchants locals and tourists alike, showcasing cultural unity amid a stunning natural backdrop
Argentina’s midterm elections dramatically reshaped the political landscape, with opposition victories delivering a powerful challenge to President Fernández. A surge in voter turnout, striking regional differences, urgent economic concerns, and a wave of energized youth participation combined to define this crucial turning point
Silk Road Week concluded in Brazil with vibrant energy, marking its thrilling South American debut. The event unveiled exciting new trade opportunities and strengthened the ties between Asia and Latin America, opening an inspiring new chapter in global collaboration
Brazil’s soybean exports soared to unprecedented levels in early 2024, solidifying its position as a global agricultural titan. A surge in demand from China, paired with perfect weather conditions, propelled shipments to record-breaking heights-igniting a booming harvest season and boosting the nation’s trade balance like never before
Brazil’s president, at 80 years young, has thrown his hat in the ring for a fourth term, boldly declaring, “I’ve got as much energy as when I was 30.” This electrifying announcement sets the stage for one of the most fiercely contested elections in the nation’s recent history
Brazil has given the green light to new oil drilling deep within the Amazon rainforest, sparking intense protests from environmentalists who warn of devastating and irreversible damage to this crucial ecosystem and its indigenous peoples. Despite the outcry, the government remains resolute, insisting that this move is vital for boosting economic growth
Petrobras and Equinor stole the spotlight in Brazil’s latest pre-salt auction, securing major offshore oil blocks that promise to reshape the energy landscape. This thrilling development underscores a booming wave of interest and investment in the country’s vast deepwater reserves, Reuters reports
Brazil’s Petrobras has just received the green light from the government to begin oil drilling near the mouth of the Amazon River, sparking intense environmental alarm over the threats posed to this delicate and crucial ecosystem
Former President Donald Trump is making a daring move by betting on Argentina’s economic revival, eagerly pursuing investment opportunities amid the country’s volatile market and soaring inflation, Financial Times reports
The US and Brazil are keen to arrange a meeting between President Joe Biden and President Luiz Inácio Lula da Silva as soon as possible, signaling a powerful drive to strengthen their diplomatic ties, Reuters reports
The collapse of the international order is dramatically reshaping Brazil’s role on the global stage. Amid rising geopolitical tensions, the nation finds itself at a pivotal crossroads, facing critical decisions to build fresh alliances and protect its national interests
The ICT Minister traveled to Brazil to unveil an ambitious strategic plan aimed at turning the Amazon into a global connectivity hub, boosting infrastructure and accelerating digital integration throughout the region, BNamericas reports
Former President Donald Trump issued a stark warning that he would be “very upset” if the Chinese military ever set foot in Argentina, highlighting mounting concerns over China’s expanding influence throughout Latin America