Key Points —President Javier Milei’s approval rating fell to 35.5% in April from 44% in January, while disapproval climbed from 51.6% to 63%, according to AtlasIntel polling for Bloomberg. —Argentine sovereign dollar bonds maturing October 2028 — twelve months after the next presidential election — yield 8.3%, a 360 basis-point premium over comparable bonds maturing […]

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Key Points —Argentina CGT march filled Plaza de Mayo on May 1 with the labor confederation, social movements, and opposition parties demanding Milei reverse course on factory closures and wage erosion. —The rally opened with a tribute to Pope Francis, who died one year ago, with church representatives and video segments anchoring the religious framing. […]

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Key Points —Uruguay Temu tax enters force May 1, applying 22% IVA to all foreign online purchases made under the franquicia regime — the duty-free import allowance. —Purchases from US-based sellers are explicitly exempted, leaving Chinese platforms Temu, Shein, AliExpress, and other non-US e-commerce as the primary targets. —The measure is part of Uruguay’s broader […]

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