Tag: South America

Mercosur meeting that promised incorporation of Bolivia to the group results in an invitation to Uruguay to ‘jump ship’

Argentinian president Alberto Fernandez, who has spent the last weeks leading up to the current Mercosur virtual summit promising to work to incorporate Bolivia into the bloc as a member-in-full, took a complaint from the Uruguayan president and flippled into an invitation to leave the group. Uruguay’s Luis Lacalle Pou said, “It should not be … Read more

Latin American projected GDP growth held back by Brazilian problems

Projected Gross Domestic Product growth for Latin America and the Caribbean is put at 3.2% for 2021-2023, according to projections of the Inter-American Development Bank, while Brazil’s expected growth is 2.7%. When Brazil is excluded, projected growth for the Southern Cone countries–Argentina, Chile, Paraguay, and Uruguay –is 3.5%. “Brazil has significant challenges –it needs to enact a … Read more