LATIN AMERICA

ARGENTINIAN PRESIDENT IS FACING IMPEACHMENT AND FRAUD ALLEGATIONS OVER A CRYPTO TOKEN CRASH

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A cryptocurrency endorsement by Argentine President Javier Milei has erupted into a major political crisis, triggering impeachment calls and criminal complaints against the controversial leader. On Friday evening, Milei promoted the $Libra cryptocurrency token to his 3.8 million X followers, claiming it would boost Argentina's economy by funding small businesses and entrepreneurs.

MEXICO'S PRESIDENT CHALLENGES GOOGLE OVER GULF OF MEXICO RENAMING

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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.

MEXICO REACTS AFTER 'GULF OF MEXICO' NAME CHANGE

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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.

MEXICO'S ECONOMY SHRINKS FOR THE FIRST TIME IN YEARS

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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.

COLOMBIAN PRESIDENT COMPARES COCAINE TO WHISKY

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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.

ARGENTINA'S ECONOMY: FROM STRUGGLING TO STRIDING

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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.

PANAMA FIRMLY DENIES US CLAIMS OF FREE CANAL PASSAGE RIGHTS

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A diplomatic row erupted between Panama and the United States on Thursday when Panama's President José Raúl Mulino forcefully rejected U.S. State Department claims about free passage through the vital Panama Canal. The dispute highlights growing tensions over control and operation of one of the world's most strategic waterways.

PANAMA REJECTS THE US' CLAIMS ON CANAL AND EXPANSION AMBITIONS

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Panama firmly rejects Donald Trump's vow to "take back" the Panama Canal,as President Jose Raul Mulino made this crystal clear.

"The canal was not a concession from anyone," Mulino declared on social media. "It is and will remain Panamanian." His response came after Trump's inflammatory inaugural speech.