Saturday, 29 August 2026 · World
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EUROS The World Financial Report
Nº 49 Saturday, 29 August 2026 · World Edition
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Emerging Markets

Emerging Markets

Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.

All countries 🇦🇷 Argentina 🇧🇷 Brazil 🇨🇦 Canada 🇨🇱 Chile 🇨🇳 China 🇨🇴 Colombia 🇩🇪 Germany 🇲🇽 Mexico 🇳🇬 Nigeria 🇷🇺 Russia 🇬🇧 United Kingdom 🇺🇸 United States

Oil Slides as Iran Sanctions Fail to Stop Selling

US crude proxy fell sharply Tuesday on Iran negotiation hopes and a surprise US inventory build. Petrobras, YPF, Ecopetrol tracked…

Bitcoin Slips Under US$80,000; Stablecoins Rule LatAm

Bitcoin settled at US$78,565 on Tuesday after briefly piercing $80K. Altcoins fell harder while Latin American volumes stay domina…

Zinc Wrap: Nexa Jumps 3.94% as LME Zinc Tightens Further

LME zinc held a four-year peak on Tuesday with cash at a $134 premium, lifting Nexa Resources 3.94% and Buenaventura 2.10%. Chines…

Lithium Wrap: LIT, Albemarle, SQM Fall on Aug 25

LIT, Albemarle and SQM slid on Tuesday, August 25, 2026 as Chinese futures reversed. Read the Lithium Triangle and EV-battery dema…

Iron Ore Wrap: Vale ADRs Rise 1.93% on Steady China

Iron ore held near flat on Tuesday, August 25, 2026, while Vale's New York shares jumped. Read the drivers for Brazil's mining gia…

Gold, Silver Ease From Three-Month Highs

Gold held near a three-month high while silver pulled back on Tuesday. A softer dollar and lower real yields framed the move. Here…

Saipem and CHEC Land Algeria’s Big Phosphate Contracts

Sonatrach and the Algerian Fertilizers Company awarded engineering contracts to Saipem and China Harbour Engineering for a phospha…

Afreximbank’s Profit Rose 30% in a Rough Year for Its Members

The Cairo-based trade bank reported net income of US$534.7 million for the first half of 2026, with lending up and non-performing …

Record 70,177 Tonnes Lift Congo’s Kipushi Into Zinc’s Top Three

Kipushi produced a record 70,177 tonnes of zinc in the second quarter as prices reached their highest level since 2022, lifting a …

Kagame Says Rwanda Wants a Stake in Dangote’s Lamu Refinery

Rwanda is weighing a stake in the US$16 billion refinery Aliko Dangote plans at Lamu, President Paul Kagame said, though he cautio…

Nigeria’s Exports to China Jump 81% After Tariffs End

Nigerian goods sold to China reached US$2.25 billion in the first half of 2026, an 81% rise, after Beijing scrapped tariffs on 53 …

Shell and NNPC Sign Terms for US$21 Billion Bonga Project

NNPC and its partners signed an addendum to the OML 118 production sharing contract, moving the Bonga South West Aparo deepwater p…

US$286 Million in African Music Royalties Goes Missing Every Year

A new US programme is training African artists, producers and officials in intellectual property, targeting royalties that never r…

A Frozen US$140 Million Loan Stalls Cameroon’s First Bauxite Mine

AFG Bank Cameroon suspended disbursements on a US$140 million facility, and Canyon Resources withdrew its timetable for shipping t…

Angola Awards US$492.89 Million Dam Deal to Its Own Lender

A presidential decree hands Capanda rehabilitation work to a consortium including Gemcorp, whose credit lines with the finance min…

Rodríguez Says Venezuela Exchange Rate Gap Fell to 12.3 Percent

Acting President Delcy Rodríguez said the Venezuela exchange rate gap fell to 12.3 percent and oil output exceeded 1.23 million ba…

Brazil Police Raid Municipal Offices in Banco Master Pension Probe

Federal Police raided Campo Grande's municipal pension institute, a city secretariat and suspects' homes over roughly US$233,000 i…

Bolivia Ends Diesel Subsidy for Large Consumers as YPFB Admits Crisis

YPFB admitted a structural crisis as Bolivia ended the diesel subsidy for large consumers, roughly doubling the price to about US$…

BTG Pactual Gets Green Light to Trade Natural Gas in Colombia

BTG Pactual confirmed on 24 August 2026 that it received authorization to trade natural gas in Colombia. The same week, Minerva In…

Colombia Quake Insurance Claims Triple as Court Weighs Pension Reform

Fasecolda reported 36,415 claims from the 10 August 2026 earthquake, with an estimated settlement cost of about US$394 million. Cl…

YPF Seeks Record US$16 Billion Loan as Milei Faces Congress Test

YPF tapped JP Morgan to raise up to US$16 billion for Phase 3 of Argentina LNG, a record project finance deal. The same week, the …

Foreign Investors Return to B3 as Squadra Flags Hapvida Mistake

Foreign investors put US$331 million into B3 equities on 21 August 2026 as the Ibovespa rose 1.85 percent. The same week, Squadra …

Argentine trips abroad fall 21.2% as Brazil and Uruguay lead arrivals

The number of Argentine residents leaving the country in July fell 21.2% year on year, to 1.22 million people, according to the in…

Dominican Republic Tourism Push: Fitpar Honor and Luxury Hotels

The Dominican Republic will be guest-partner country of honor at FITPAR 2026 in Asunción on 16-18 October. The role comes as the c…

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