LATIN AMERICA

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In a diplomatic pushback, Mexico's President Claudia Sheinbaum has contested Google's decision to rename the Gulf of Mexico as the Gulf of America in compliance with an executive order from former U.S. President Donald Trump. The rebranding on Google Maps was announced earlier this week, sparking criticism and concerns over sovereignty.

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On Thursday, Mexico issued a warning to Google regarding its alteration of the Gulf of Mexico's name to "Gulf of America" for users of Maps in the United States, a move made to align with President Donald Trump's executive order.

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Mexico's economy contracted for the first time in three years during the fourth quarter of 2024, according to official data released Thursday. The 0.6% GDP decline from the previous quarter, reported by INEGI, comes as the country anticipates potential tariffs from the US under President Donald Trump. This marks the first such downturn since 2021.

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Colombian President Gustavo Petro has asserted that "cocaine is no worse than whiskey" in advocating for the worldwide legalization of the drug, which he suggests would "easily dismantle" the global cocaine industry. Petro's remarks come as Colombia, the world’s top producer and exporter of cocaine, grapples with the ongoing challenge of combating drug trafficking.

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Is Argentina turning the corner? Well, in November 2024, it certainly looked like it! For the first time in half a year, Argentina's economy managed to break the streak of negative growth, posting a modest 0.1% year-on-year expansion. If that sounds like a small number, that's because it is—almost as small as a grain of rice—but hey, after months of decline, even a tiny uptick feels like a victory.