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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