A survey by consultancy Brain Network found 45% of Argentines just about cover their monthly expenses while 34% fall short entirely. Of those struggling, 40% rely on credit cards to bridge the gap. The findings point to lasting strain on household budgets.
The US embassy in Caracas said all of its staff are once more working from inside the building, after years of a reduced presence abroad. The move is among the clearest signs yet of a thaw between Washington and Caracas. Neither government detailed what prompted it.
Fresh economic data show Argentina's wages and consumer confidence improving, even as the country's risk premium climbs past 700 points. Markets are already looking ahead to the 2027 elections for direction.
Brazil's central bank approved three new rules on October 23 to curb aggressive consumer-loan advertising, including limits on certain ads, a new debt-exposure panel for borrowers and mandatory consent for loan offers tied to the Pix payment system.
Paraguay's central bank unanimously held its policy rate at 5.50% after annual inflation eased to 1.7% in September, keeping borrowing costs unchanged for now.
Prosecutors closed a fraud inquiry into President Javier Milei over a cryptocurrency that collapsed after he posted about it, citing a lack of evidence of criminal intent.
Argentina's Chamber of Deputies approved two government-backed bills, one restricting how much farmland foreigners can buy and another increasing funding for disability programs. The land measure reinstates limits that had been eased in recent years. Both bills now move to the Senate for further debate.
Canadian miner First Quantum Minerals is preparing incentive proposals to advance its $5.3 billion Taca Taca copper project in northern Argentina. The plans would seek tax breaks under the country's framework for large-scale investment projects. Taca Taca is one of several major copper deposits international miners are racing to develop as global demand grows.
Canadian mining investors see growth potential in Argentina's mining sector, with a delegation set to visit Mendoza next week to explore possible projects.
Brazil's Federal Police carried out twelve search warrants on October 22 in an investigation into an alleged cryptocurrency pyramid scheme, while a federal court separately ordered up to $19.8 million in linked assets frozen.
Brazilian lender Bradesco posted a third-quarter net profit of 7.1 billion reais, about $1.4 billion, up 14.6% from a year earlier and roughly in line with analyst forecasts. Loans overdue more than 90 days climbed to 4.6% of the bank's portfolio.
An Argentine court has indicted José Luis Espert, a close ally of President Javier Milei, on money-laundering charges. Judges ordered an asset freeze and barred the former ruling-party lawmaker from leaving the country while the case proceeds.
Former Mexican prosecutor César Jáuregui Moreno has been charged with treason over allegations he allowed US agents to take part in a raid on a suspected drug lab in April. The case rests on Mexican law restricting any operational role for foreign officials inside the country.
Brazilian President Luiz Inácio Lula da Silva has raised the flagship Bolsa Família welfare payment by 15% days before Sunday's presidential runoff. The increase, reaching roughly 20 million families this week, anchors a wider package of aid, subsidies and tax cuts Lula unveiled in the campaign's final stretch.
Paraguayan President Santiago Peña travelled to Washington on Wednesday for a brief visit that includes a meeting with CIA Director John Ratcliffe and a keynote address at the Inter-American Dialogue's annual gala. The trip underscores Paraguay's position as one of Washington's closest allies in South America amid growing US security concerns in the region.
Argentine President Javier Milei said in Madrid that his government is confident of recovering the Falkland Islands through diplomatic means rather than force. He repeated three times that Argentina 'does not believe in military solutions', as a dispute with the United Kingdom over the Sea Lion offshore oil project escalates.
Satellites detected 9,045 fire hotspots in the Brazilian Amazon during the first half of October, a 62% jump from a year earlier, as a drought worsened by El Niño fuels blazes even as annual deforestation fell to its lowest level since 1988.
Argentine President Javier Milei used his first public event in Madrid to call Spanish Prime Minister Pedro Sánchez a 'dictator,' urging Spaniards to vote out the Socialist-led government weeks ahead of Spain's November 29 snap election.