Lucinda Elliott

The International Monetary Fund has reached a staff-level agreement with Bolivia on a $1.9 billion ‌financing program, the IMF said on Wednesday, as the country seeks to stabilize an economy facing its deepest crisis in decades.

MercadoLibre could sell parts of its fast-growing loan book ​to support its fintech business, its chief executive told Reuters, adding that operations in Venezuela remain small ‌and unchanged, as investors weigh credit risk ahead of first-quarter earnings.

Jose Balcazar, a left‑wing lawmaker who has faced backlash over comments about child marriage, became Peru’s new leader after Congress elected him to serve as interim president following the removal of Jose Jeri.

After just four months in office, Jose Jeri joined Peru's long list of ousted presidents on Tuesday, becoming the third consecutive leader to be removed from office by Congress in the Andean nation.

When Peruvian green energy entrepreneur Luis Zwiebach wanted to buy an electric vehicle in 2019, he flew 4,000 miles to California to test drive Tesla’s Model 3 sedan. But Tesla lacked an official importer and he couldn’t find a way around Peru’s complex vehicle import procedures.

Bolivia's president-elect Rodrigo Paz, who claimed victory in Sunday's presidential runoff, is the son of a former president of the Andean nation who was born in exile from its military dictatorship and schooled in the U.S.

Centrist senator Rodrigo Paz was leading Bolivia's presidential election, according to early official results, which showed the ruling Movement for Socialism on track for its worst election defeat in a generation.

Former leftist President Evo Morales is barred from running.

Voters in Bolivia are gearing up for a general election on Sunday that has been overshadowed by inflation at a four-decade high and the absence of former leftist President Evo Morales, who is barred from running.

The attempt to fulfill a campaign promise comes at the tail end of an administration that has failed to deliver on progressive proposals such as broad tax reforms and a liberal new constitution, which was rejected in a 2022 referendum.

Jose Mujica, a one-time guerrilla and later president of Uruguay who drove a beat-up VW Beetle and enacted progressive reforms that carried his reputation well beyond South America, has died aged 89.

Trump has said publicly that the U.S. would take unilateral military action if Mexico failed to dismantle drug cartels. The two countries have had several calls in recent months to discuss security issues, trade and immigration.

A cryptocurrency that briefly surged on Argentine President Javier Milei's support before crashing is the latest in a series of politically endorsed meme coins facing a backlash.

Uruguay's political arena is relatively tension-free, with significant overlap between the conservative and liberal coalitions vying for office.

World leaders are heading to South America for twin summits this month, with one major theme dominating: Donald Trump 2.0.

A tax amnesty program in Argentina encouraging residents to deposit foreign currency previously stuffed under mattresses, stored in safety-deposit boxes or saved in accounts abroad has drawn in around $18 billion so far back to local banks, an official said on Thursday.

In Uruguay's capital Montevideo and around this South American nation of 3.4 million people, voters are gearing up for Sunday's election, overshadowed by a plebiscite on pensions the same day and fears over crime.

When Wagner Dias and his wife Mariana needed a loan to grow their children's clothes business, the Brazilian entrepreneurs turned to Argentina's MercadoLibre Inc , the online platform they use to sell their products.

BUENOS AIRES, Sept 9 (Reuters) - Marcos Galperin, chief executive of Latin American e-commerce giant MercadoLibre Inc (MELI.O) , opens new tab - already the region's most valuable listed firm - says the company is just getting started. He wants to…

LA PAZ, June 27 (Reuters) - Bolivian President Luis Arce on Thursday denied any involvement or prior knowledge of a failed coup attempt led by the country's former top military commander who alleged the president had asked him to do something to…