Argentina
IMF clears path for $2bn Argentina disbursement despite reserve concerns
The International Monetary Fund has approved the first review of Argentina's $20bn Extended Fund Facility programme, clearing the way for a $2bn disbursement despite concerns about critically low reserves.
ICJ declares healthy environment is a human right in landmark climate ruling
The International Court of Justice (ICJ) has issued a historic advisory opinion recognising a clean and sustainable environment as a human right, declaring that states which fail to curb emissions may be in violation of international law.
IMF warns Argentina to raise international reserves
The IMF has issued a stark warning about Argentina's financial stability, describing the country's international reserves as remaining at "critically low" levels despite substantial economic improvements under President Javier Milei.
Earth overshoot day is already long past – Statista
July 24 marks this year's Earth Overshoot Day, the day that humanity’s demand for ecological resources exceeds the resources Earth can regenerate within that year, Statista reports. That day has already long passed.
World has less than three years to avert worst climate impacts, scientists warn
A new global climate report warns that the world is on the brink of irreversible damage. The findings come amid sluggish international action ahead of COP30.
Fitch upgrades Trump’s effective tariff rate to 19.4%
President Donald Trump’s evolving trade policy is set to sharply increase the United States’ effective tariff rate (ETR), with Fitch Ratings warning of substantial rises as new duties take effect on August 1.
Argentine mining exports set to exceed $5bn in 2025
Argentina's mining exports are projected to surpass $5bn in 2025, marking a significant increase from $4.6bn in 2024.
Geopolitics is weighing on FDI, capital chasing certainty over scale – study
The world is living through turbulent times, but investors are still chasing returns which has affected the flows of international foreign direct investment.
IMF: The debate over falling fertility
A decline in global population later this century may threaten human progress, or it may lead to better lives.
Tipping Point: when populations peak – Statista
As July 11 marks World Population Day, celebrating the approximate date that the world's population reached 5bn in 1987, we're taking a closer at one of the population trends that will affect many countries sooner or later in the 21st Century.
Renewable energy surge puts Latin America on track for climate leadership
Latin America stands at a critical juncture in its energy evolution, with its largest economies showing both remarkable progress in renewable adoption and persistent challenges in weaning themselves off fossil fuels.
Global South unity on display at BRICS summit, leaders avoid criticising Russia
The BRICS leaders gathered in Rio de Janeiro, Brazil, on July 6 for the annual meeting, where they condemned Israel’s actions in Gaza, the US airstrikes on Iran and Ukraine’s drone strikes on trains, but not Russia's war in Ukraine.
Antarctic cold wave triggers energy crisis across South America
South America is grappling with an unprecedented energy crisis as record-breaking cold temperatures have forced governments to ration gas supplies and activate emergency protocols across Argentina, Chile and Uruguay.
Brazil president visits former Argentine president under house arrest
Brazil's President Luiz Inácio Lula da Silva visited former Argentine President Cristina Fernández de Kirchner at her Buenos Aires apartment on June 3.
US court orders Argentina to surrender controlling stake in YPF
A US court has ordered Argentina to surrender its 51% controlling stake in national oil company YPF as partial compensation for its controversial 2012 nationalisation of the energy giant.
Argentina prepares to host Mercosur summit
Argentine President Javier Milei gears up to host Mercosur heads of state in Buenos Aires this week as he continues his campaign to liberalise what he considers the regional trade bloc's restrictive regulations
INTERVIEW: Can Milei break Argentina's IMF doom loop?
Milei's radical reforms have won over the Fund, but currency controls and election risks cloud the path ahead, according to Professor Diego Crochi from UCA Buenos Aires.
Argentina to try Iranian officials in absentia over 1994 Buenos Aires bombing
Argentina will prosecute 10 Iranian and Lebanese nationals in absentia over the 1994 AMIA Jewish Center bombing that killed 85 and injured 300—the deadliest terror attack in the country’s history.
Tosyali dethrones Eregli to become largest Turkish steelmaker
Company owner Fuat Tosyali became a favourite businessman of president Erdogan. Projects he’s involved in include making Turkey’s “native and national” Altay battle tank.
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Argentina confident of $2bn IMF disbursement despite missing reserve targets
The International Monetary Fund (IMF) has commenced its first review of Argentina under President Javier Milei's new Extended Fund Facility (EFF) $20bn programme.