Argentina

New law promoting large investments has taken effect, offering significant tax and legal incentives for private investments over US$200 million; the law targets sectors such as mining, energy, agriculture, technology, and infrastructure

One million children in Argentina go to bed without dinner according to a recent UNICEF report, with 52% of households unable to afford food, the highest rate ever recorded in the country

The Argentine government announced that Brazil has assumed Argentina's diplomatic representation in Venezuela as of this month; this move follows Venezuela's order for several countries, including Argentina, to withdraw their diplomatic staff

Argentina won the Copa America with a 1-0 victory over Colombia in extra time, marking Argentina's 16th Copa America title

The IMF praised Argentina for approving the "Ley Bases", a legislative package enabling the government to implement reforms to reduce inflation and to support economic recovery, crucial under the US$44,5 billion agreement with the IMF

Brazil's Supreme Court voted to decriminalize the possession of marijuana for personal use, a move expected to reduce the country's prison population, with justices still determining the maximum quantity considered for personal use

Transition to electronic prescriptions has begun to improve efficiency and security in healthcare, ensure the continuity of treatments and protect patients' data; a 180-day adaptation period for professionals and systems is planned

The Senate approved a reform package promoted by President Javier Milei that declares a one-year public emergency in administrative, economic, financial, and energy sectors and includes 30-year incentives for large investments

Following a recent meeting between Argentine and Salvadoran regulators, Argentina is considering cooperating with El Salvador on Bitcoin adoption, with officials praising El Salvador's progress and exploring potential agreements

Despite Argentina's annual inflation nearing 300%, President Javier Milei celebrated the monthly rate drop to 8,8% from 11%, claiming victory over inflation while poverty still exceeds 50%

Argentina has submitted a letter of intent to NATO, seeking to become a global partner to enhance military capabilities through multinational exercises and advanced technology, as well as join strategic discussions