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.