Tag #South America

elpais.com
🌐 85% Global Worthiness
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Argentina's Inflation Plummets Under Milei, Reaching Lowest December Rate Since 2018

Argentina's inflation rate plummeted from 211.4% in 2023 to 117.8% in 2024 under President Milei's new economic policies, despite high poverty and uneven economic impacts; the monthly rate dropped from 25.5% to 2.7% in the same period, with the lowest December inflation since 2018.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Software Recalls, Mergers, and South American Tech Hubs Reshape the Auto Industry in 2025

In 2025, the auto industry will grapple with a 42% surge in software recalls (up from 13% in 2023), pushing major automakers like GM and Ford toward mergers or alliances to share software development costs, while simultaneously expanding into South American tech centers for lower labor costs and a r...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
apnews.com
🌐 85% Global Worthiness
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Paraguay-Parana Waterway: Economic Lifeline, Drug Trafficking Route, and Environmental Threat

The Paraguay-Parana waterway, vital for South American agricultural exports, faces challenges from the environmental damage caused by large freighters, impacting fishermen, and is significantly used for drug trafficking by cartels such as Brazil's First Capital Command, leading to increased violence...

Progress

40% Bias Score

Zero Hunger
theglobeandmail.com
🌐 85% Global Worthiness
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Lundin Mining Sells European Mines for US$1.52 Billion

Lundin Mining Corp. is selling its Zinkgruvan and Neves-Corvo mines to Boliden AB for up to US$1.52 billion, eliminating its net debt and enabling funding for South American copper projects, subject to regulatory approvals.

Progress

8% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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EU and Mercosur Finalize Landmark Trade Deal Amidst Opposition

The EU and Mercosur finalized a landmark trade agreement after nearly 25 years, removing over 90% of tariffs on goods exchanged between the two blocs, connecting over 700 million people, and aiming to reduce EU dependence on China for raw materials; however, the deal faces significant opposition fro...

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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EU-Mercosur Trade Deal Signed Despite Opposition

The EU finalized a trade deal with Argentina, Brazil, Paraguay, and Uruguay after 25 years of negotiations, despite opposition from France and concerns from European farmers over increased competition and environmental impacts; the deal reduces tariffs on various products but limits imports of speci...

Progress

48% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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Venezuelan Opposition Leader Defies Arrest, Launches International Tour

Exiled Venezuelan presidential candidate Edmundo GonzΓ‘lez Urrutia returned to South America on January 5th, meeting with Argentine President Javier Milei and planning further meetings in Uruguay and the US, defying a Venezuelan arrest warrant and challenging Nicolas Maduro's recent reelection.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
elpais.com
🌐 85% Global Worthiness
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Milei's attacks strain Argentina-Chile relations

Argentine President Javier Milei's repeated verbal attacks on Chilean President Gabriel Boric since July 2023 have severely strained bilateral relations, despite Chile's attempts at de-escalation through diplomatic channels and ambassadorial appointments, leading to several diplomatic incidents and ...

Progress

60% Bias Score

Peace, Justice, and Strong Institutions
spanish.china.org.cn
🌐 85% Global Worthiness
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Chancay Megaport to Boost South America's Asia-Pacific Trade

The newly inaugurated Chancay megaport in Peru, a joint project with China, is expected to significantly reduce transit times to Asia by 30 percent, facilitating trade and attracting foreign investment to boost South America's integration with the Asia-Pacific region.

Progress

60% Bias Score

Decent Work and Economic Growth
apnews.com
🌐 85% Global Worthiness
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EU, Mercosur finalize landmark free trade deal

The EU and Mercosur finalized a free trade agreement after 25 years of negotiations, creating a massive free trade zone covering 780 million people, despite opposition from France and concerns about environmental standards and fair competition for farmers.

Progress

44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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EU-Mercosur Free Trade Agreement Finalized After 25 Years

After 25 years of negotiations, the EU and Mercosur finalized a free trade agreement in Montevideo, Uruguay, encompassing 700 million people across 32 countries and gradually eliminating tariffs on 91% of products; however, concerns remain regarding its impact on European agriculture and the Amazon.

Progress

52% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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EU-Mercosur Free Trade Agreement Nears Finalization Amidst Concerns

The EU and Mercosur are poised to finalize a massive free trade agreement encompassing 700 million people, despite concerns about the impact on European farmers and deforestation in South America; the deal is expected to be announced on Friday.

Progress

40% Bias Score