Latin America and the Caribbean will expand 2.4% this year, the Economic Commission for Latin America and the Caribbean said, marking the second upward revision since April but pointing to the region's struggle to escape chronically weak growth.
Bolivia enters a new political and economic phase as centrist Rodrigo Paz prepares to take office on November 8, inheriting one of the country’s most acute crises since the hyperinflation of the 1980s.
Bolivia has entered a new political era after Rodrigo Paz secured the presidency with 54.5% of the vote, defeating former conservative leader Jorge “Tuto” Quiroga.
Bolivia heads to its first-ever presidential runoff on October 19, with centrist Rodrigo Paz and conservative ex-president Jorge Quiroga vying for power amid economic crisis and the collapse of Evo Morales’ once-dominant MAS party.
Bolivia faces one of its most severe economic crises in decades, with the World Bank projecting a three-year recession stretching until 2027.
The World Bank expects Latin America and the Caribbean’s economy to expand 2.3% in 2025, a slight uptick from 2.2% in 2024, with growth projected to reach 2.5% in 2026.
The European Commission is gearing up to sign its contentious trade agreement with South American bloc Mercosur on December 5 in Brazil, possibly sealing the fate of an accord that has languished in negotiations for more than a quarter-century.
Felipe Cáceres, Bolivia’s former anti-drugs vice-minister under Evo Morales, was detained on September 23 after authorities found a cocaine lab on his land in Chapare, a coca-growing stronghold of Morales’s political base.
Spain has intensified calls for the swift ratification of the EU-Mercosur trade agreement, with Agriculture Minister Luis Planas declaring that "not a minute should be wasted" on a deal that could be signed as early as December.
China has once again rejected American efforts to pressure Latin American nations into reducing ties with Beijing, with a foreign ministry spokesperson asserting the region's right to choose its own development partners independently.
UNDP warns of stagnation and rising vulnerability across the region amid "overlapping crises".
In recent months, the Central Bank of Bolivia (BCB) has executed forward contracts on gold worth nearly $1bn, raising questions about the legal framework, transparency of operations and long-term implications for the economy.
Colombian President Gustavo Petro has called for ending petroleum extraction in the Amazon region and legalising cocaine production to preserve the world's largest tropical rainforest
The European Union has thrown its weight behind two major Latin American trade agreements, formally launching the ratification process for deals with Mercosur and Mexico despite sustained resistance from agricultural nations and farmers.
Luis Fernando Camacho, the suspended governor of Santa Cruz and a central figure of Bolivia’s opposition, was freed on August 29 after spending almost three years in preventive detention.
Bolivia’s October presidential run-off has become a contest not only between two political traditions but also over the management of the country’s vast but underdeveloped lithium resources.
With over 92% of tally sheets processed, senator Rodrigo Paz Pereira of the Christian Democratic Party (PDC) leads with around 32% of the vote, followed by former president Jorge “Tuto” Quiroga of the Libre alliance with just under 27%.
Bolivians are casting their ballots today, 17 August, in an election that could reshape the country’s political and economic trajectory after nearly two decades of leftist rule.
Bolivia heads to the polls on August 17 in what could become the first presidential election in its history to be decided in a second round by popular vote, reflecting a fractured political field and deep economic instability.
As Gaza's death toll passes 61,000, nations meeting in Bogotá pledge concrete measures to halt arms flows to Israel. Ex-US official Annelle Sheline, who resigned over Washington's Gaza policy, calls it a turning point for the Global South.