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Paraguay's president travels to Washington for meeting with CIA chief

Paraguayan President Santiago Peña travelled to Washington on Wednesday for a brief visit that includes a meeting with CIA Director John Ratcliffe and a keynote address at the Inter-American Dialogue's annual gala. The trip underscores Paraguay's position as one of Washington's closest allies in South America amid growing US security concerns in the region.

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Milei says Argentina will pursue Falklands claim through diplomacy, not force

Argentine President Javier Milei said in Madrid that his government is confident of recovering the Falkland Islands through diplomatic means rather than force. He repeated three times that Argentina 'does not believe in military solutions', as a dispute with the United Kingdom over the Sea Lion offshore oil project escalates.

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Argentina spends $445 million on weapons under Milei, report finds

Argentina's government has spent roughly $445 million on weapons, military and security equipment since President Javier Milei took office in December 2023, an analysis by the newspaper Infobae found. The figure, compiled from official procurement records through August 2026, already exceeds the totals recorded during the full terms of predecessors Alberto Fernández and Mauricio Macri.

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Brazil's Real Gains as Runoff Polls Show Tight Race

Brazil's currency strengthened to about 5.05 per US dollar on 19 October as two separate runoff polls pointed to a tight race between President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro. Economists trimmed their year-end forecasts for the real as investors weighed the outcome of the 25 October vote. The currency move highlights how closely markets are tracking Brazil's presidential runoff.

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China's EV Export Surge Reshapes Latin America Trade

A surge of Chinese electric-vehicle and renewable-energy exports is reshaping trade patterns across Latin America. Governments in the region face a choice between importing cheaper Chinese clean technology and shielding domestic manufacturers with tariffs or local-content rules. The dilemma echoes similar trade tensions already under way in Europe and North America.

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US Warns Argentina Its Falklands Sanctions Bill Could Hit American Firms

The United States has told Argentine President Javier Milei's government it is concerned that a bill toughening sanctions over resource exploitation in the Falkland Islands could also reach American companies. The concern was conveyed as Argentina's Congress considers the National Sovereignty Defence bill, according to unnamed Washington officials cited by the newspaper Clarín.

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