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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.

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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.

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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.

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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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Colombian President Gustavo Petro announced the suspension of peace talks with the National Liberation Army (ELN) on Friday, citing the group's involvement in violent attacks that he labeled war crimes. The announcement followed the ELN's attack in the Catatumbo region, which left five demobilized members of the FARC rebels dead and displaced numerous civilians.

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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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