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World

South America

This Month

A worker counts money at a grocery store in Buenos Aires.

Argentina launches 10,000-peso notes, worth $17, as inflation bites

The new note, worth five times more than the previous largest note, was introduced as Argentina’s annual inflation rate reached 287 per cent in March.

  • Ciara Nugent

April

Argentine President Javier Milei.

Javier Milei fuels wild rally that makes peso No. 1 in world

The currency has, in fact, not only stopped plunging day after day but in one key foreign exchange market, it’s actually rallying sharply.

  • Ignacio Olivera Doll
People protest outside the Ecuadorian embassy in Mexico City.

Governments rally around Mexico after embassy raid in Ecuador

The late-night seizure of Jorge Glas, Ecuador’s former vice president who was detained on graft charges, triggered a suspension of relations with Quito by Mexico City.

  • Alexandra Valencia