Colombia has long been the largest recipient of U.S. foreign assistance in South America ... more than 2.8 million Venezuelans who fled economic crisis. In 2024 alone, the agency transferred ...

Electricity service in Cuba is gradually being restored more than 36 hours after a substation failure left the entire island ...

South America appears to be at the frontline of the climate crisis blamed on global warming, with wildfires wreaking havoc ...

To contain the economic damage caused by the crisis, the affected countries introduced corrective measures. In the latter part of 1997 and early 1998, the IMF provided $36 billion to support reform ...