
The intense polar air mass that affected much of Argentina during the first days of July has begun to ease, with a gradual rise in temperatures across the center and north of the country, while Patagonia now concentrates the most severe weather. The National Meteorological Service (SMN) has kept warnings in place for rain, snow and strong winds in the far south.
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Aviation and Tourism publications are reporting that after several years without regular services. Latam has returned to the Ushuaia, Tierra del Fuego airport to offer nonstop flights from its main hub Sao Paulo on the continent.
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Brazilian Senator Flávio Bolsonaro, the leading right-wing presidential hopeful, asked Donald Trump's administration on Tuesday to postpone until after the October elections a 25% tariff that the United States is considering imposing on Brazilian goods. He made the request during a public hearing before the Office of the US Trade Representative (USTR) in Washington.
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Nineteen oil companies, among them Spain's Repsol and Colombia's Ecopetrol, have been cleared to bid in the upcoming auction of licenses to partner with the Brazilian State in the exploitation of hydrocarbons in the pre-salt, the country's main crude reserve. The list was released on Friday by the National Agency for Petroleum, Natural Gas and Biofuels (ANP), following its publication in the Official Gazette.

The internal distribution of export quotas under the trade agreement between Mercosur and the European Union will dominate much of the debate at the bloc's summit of heads of state, to be held on June 30 in Asunción, where Paraguay will hand over the six-month presidency to Uruguay. The meeting coincides with the 35th anniversary of the Treaty of Asunción, the bloc's founding charter.

Governments from across the Americas and other regions of the world expressed solidarity with Venezuela and offered assistance after the twin earthquake of magnitude 7.2 and 7.5 that struck the north-central part of the country on Wednesday and that, according to the first official toll, left at least 32 dead and more than 700 injured. Several countries announced the dispatch of rescue teams, while acting President Delcy Rodríguez thanked them for the shows of support.

Brazil’s central bank interest rate-setting committee, Copom, unanimously voted on Wednesday to lower its benchmark Selic rate by 25 basis points to 14.25%, a level last seen in May 2025, but acknowledging a tougher inflation outlook given the risks from election-year fiscal stimulus and the impact of a likely El Nino weather pattern shock.

Brazilian President Luiz Inácio Lula da Silva on Wednesday asked his US counterpart, Donald Trump, not to interfere in Brazil's elections, a matter he stressed is exclusive to Brazil, just as his country does not seek to meddle in the electoral processes of the United States. The demand was a response to remarks Trump had made about Brazil hours earlier.

Former deputy Eduardo Bolsonaro, son of former president Jair Bolsonaro, was sentenced on Tuesday to four years and two months in prison by Brazil's Supreme Court for coercing the justice system through his lobbying of the United States government to impose sanctions against the country. The sentence would be served under a semi-open regime and automatically entails his political disqualification.

Brazilian President Luiz Inácio Lula da Silva on Tuesday criticized the resurgence of protectionism and unilateralism during the G7 summit, arguing that those practices worsen the inequalities between rich and developing countries. Protectionism and unilateralism are now resurfacing as fallacious responses to the complexity of our problems, he said in his address at the meeting, held in the French city of Évian, in an apparent reference to Donald Trump's government, according to the transcript released by the Brazilian Presidency.