BUENOS AIRES– OpenAI and Sur Energy have signed a letter of intent for a massive $25 billion data center project in Argentina, the government announced Friday — a move that could transform the country into a regional hub for artificial intelligence infrastructure. According to a government statement, the planned facility would have a capacity of […]
Latin America
US Strikes $20 Billion Currency Swap Deal with Argentina Amid Market Turmoil
WASHINGTON – The United States finalized a $20 billion currency swap line with Argentina on Thursday and directly purchased Argentine pesos, in what Treasury Secretary Scott Bessent called an “exceptional measure” to stabilize turbulent markets in the debt-laden South American nation. “US Treasury is prepared to take whatever exceptional measures are warranted to provide stability […]
Putin challenges Washington in Venezuela power play
Russia emerged as a crucial power broker in the crisis in far-away Venezuela this week when Washington accused Moscow of convincing President Nicolas Maduro not to flee to Cuba. US Secretary of State Mike Pompeo said Maduro had a plane on the tarmac ready to fly to Havana when “the Russians indicated that he should […]
1.1 million children affected by Venezuela crisis: UNICEF
The number of children who are affected by the Venezuelan crisis and who will need humanitarian aid this year is expected to more than double to reach 1.1 million, up from nearly 500,000, the UN children’s agency said Thursday. The figure includes children uprooted from Venezuela, those who have returned and others in host and […]