El Salvador Declares a State of Emergency
El Salvador announced a state of emergency for thirty days in response to a dramatic uptick in homicides over the last weekend. Fourteen people were killed on Friday, and another 62 died on Saturday, the highest number in decades.
Argentina Agrees to a New Debt Program With The IMF
Argentina and the International Monetary Fund (IMF) have come to an agreement on a new 30-month Extended Fund Facility (EFF) program that will restructure the country’s outstanding $45 billion debt. The Senate ratified the agreement on March 17 with a 56-13 vote, and the IMF Board of Directors approved the program on Friday.
Peruvian President Faces Second Impeachment Process
Years go by, presidents change, but history keeps repeating itself. Peruvian politics is once again facing a presidential impeachment process. On March 8, representatives of the Fuerza Popular, Renovación Popular and Avanza País parties succeeded in reaching the signatures needed to initiate an impeachment motion against President Pedro Castillo Terrones.
The Dominican Republic Announces a Border Wall With Haiti
The Dominican Republic has announced plans to create a concrete wall along the 392-kilometer border it shares with Haiti. It is expected to be 20 centimeters thick and 3.9 meters tall, with metal mesh along the top and 70 watchtowers.
Latin America Faces Economic Impact of Russian-Ukrainian War
If the world faces rain, Latin America is faced with a torrential storm. Following Russian President Vladimir Putin’s announcement of a “special military operation” against Ukraine on Feb. 24, the continent has already seen a rise in the dollar’s value and the price of commodities such as oil, wheat, soybeans and copper.
President Bolsonaro Fights to Open Indigenous Amazon Lands for Mining Companies
The number of trees cut down in the Brazilian Amazon this past January was stratospheric, destroying the largest area in a month since records began in 2015. At COP26 last year, over 100 nations declared they would work to stop and reverse deforestation by 2030.