South America

Azul Airlines' stock experienced a severe market crash on Friday, with shares plummeting as much as 50% during intraday trading before settling at a 25% loss by mid-afternoon. The sell-off follows the airline's massive issuance of new shares as part of its ongoing US Chapter 11 bankruptcy restructuring.

Eve Air Mobility, a subsidiary of Brazilian aircraft manufacturer Embraer, has conducted the first flight of the full-scale prototype of its electric vertical takeoff and landing (eVTOL) aircraft in Gavião Peixoto, São Paulo state.

Honduras' National Electoral Council (CNE) declared conservative businessman Nasry “Tito” Asfura as the president-elect after 24 days of political deadlock and a contentious vote count, with opposition leaders vowing to challenge the outcome.

Brazil's Army has made significant progress in acquiring a sophisticated anti-aircraft defense system, with Italy’s MBDA emerging as the primary candidate. The deal, valued at around US$600 million, aims to address a critical gap in the country's security infrastructure.

Former Brazilian President Jair Bolsonaro remains under heavy guard at the DF Star Hospital in Brasília following a three-hour surgical procedure to repair a bilateral inguinal hernia. The surgery, performed on Christmas Day, was described by medical staff as successful and without immediate complications.

Venezuela's Bolivarian regime released on Thursday 71 political prisoners who had been detained during the wave of protests following the controversial July 2024 presidential elections, which Nicolás Maduro claimed to have won despite producing no supporting evidence.

Former Argentine President Cristina Fernández de Kirchner remains hospitalized at the Otamendi Sanatorium in Buenos Aires after developing postoperative ileus, a functional intestinal complication following emergency surgery for appendicitis earlier this week. She had been allowed to leave her house arrest for the procedure.

US President Donald Trump said Thursday that his country had conducted "deadly" precision airstrikes against ISIS (Islamic State) targets in northwestern Nigeria, which was later corroborated by local authorities. The operation marked a significant escalation in Washington's involvement in Africa to stop what the Republican leader acknowledged was a […]

International oil benchmarks posted modest gains on Tuesday as the market entered a holiday-shortened week. Investors remained focused on the escalating geopolitical friction between Washington and Caracas, which has introduced a risk premium into an otherwise oversupplied market.

Following a high-level summit at the Carondelet Palace in Quito on Tuesday, Chilean President-elect José Antonio Kast and Ecuadorean President Daniel Noboa have signaled a unified front on the South American migration crisis. Both leaders discussed Kast's proposal to establish a "humanitarian corridor" to facilitate the return of undocumented Venezuelan […]