Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Colombia Earthquake Reconstruction Could Cost US$12.9 Billion and Take Up to Six Years
Colombia's national planning department has put the earthquake rebuild at up to COP 40 trillion, about US$12.9 billion, over five …
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Chile’s Lithium Producer SQM Posts US$660 Million Quarterly Profit
Chilean lithium producer SQM earned US$660.0 million in the second quarter of 2026, up 646.4% on the year, as prices recovered and…
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Angra Holy Land Tour: Four Countries in Six Days
Brazil's best-known metal band starts a 30th anniversary run on Friday. Four countries in six days, and a new singer out front. Th…
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Colombia Mayor: 3 Million Elderly Caught in a Budget Fight
A handover report says the cash-transfer programme has no budget left for the rest of 2026. The government that wrote the budget s…
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Bank of America Sees a Storm in Brazilian Consumer Credit
The bank's analysts turned cautious on Brazilian lenders and retailers. The central bank's own numbers show why. The post Bank of …
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Brazil Bank Strike Thursday: What Still Works and What Stops
Bank workers rejected the employers' pay offer and voted to stop for a day. Branches are what closes; your phone still works. The …
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Absa Wins GEPF Custody Contract to Guard South Africa’s US$215 Billion State Pension Fund
Absa's 2026 interim results confirm it has won the GEPF custody contract, taking over the safekeeping of South Africa's state work…
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Mercado Libre’s Founder Faces a Criminal Usury Complaint Over Loans Costing Up to 1,375% a Year
The headline figure is the total cost of credit, not the interest rate. It sits on the company's own public rate sheet. The post M…
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Chile Jails Four Fund Executives Before Trial in an Alleged US$193 Million Fraud
They have not been convicted of anything in the criminal case. But eight of the eleven were already fined by the regulator last ye…
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Burundi to Complete East African Payment System Link by December 2026
Burundi has been an East African Payment System member since 2020 without ever going live. Its central bank now targets December 2…
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Peru Targets US$40 Billion of Stalled Mining Projects
Peru's energy and mines minister set a target of unblocking at least US$40 billion of a mining portfolio worth more than US$64 bil…
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Bolivia’s Congress Votes to Force Out Its Economy Minister
Bolivia's legislature censured Economy Minister José Gabriel Espinoza by 91 votes to 34. The constitution obliges the president to…
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South Africa Invites Chinese Tyre Companies to Build US$123 Million Plant
South Africa is inviting Chinese tyre companies to build factories at home. Sailun Group is studying a US$123 million plant at Coe…
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JBS Offers to Buy Out Pilgrim’s Pride, With No Premium Attached
JBS offered 2.086 of its own shares for each Pilgrim's Pride share it does not hold, valuing the minority stake near US$1.2 billio…
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Guyana’s Take From Its Own Oil Jumps to 39.8% Now That Exxon Has Paid Itself Back
For years Guyana's critics said the country gave its oil away for 12.5%. This week the government put a new number on it — and the…
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Dangote Refinery IPO in Nigeria Gets US$1 Billion Backing
Advisers say Nigeria's Dangote Refinery has a US$1 billion underwriting programme behind its planned Lagos listing - US$600 millio…
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Prosecutors Give Brazil’s Environment Agency Five Days on Amazon Oil
Federal prosecutors gave Ibama five days to justify three more Petrobras wells at the mouth of the Amazon, days after hydrocarbons…
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Mali Industrial Gold Output Jumps 30 Percent in First Half of 2026
Mali gold output from industrial mines hit 23.5 tonnes in the first half of 2026, up about 30 percent and worth roughly US$3.5 bil…
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Brazil’s Financial Morning Call for Wednesday, August 19, 2026
Brazil pre-market setup for Aug 19: Copom Selic bets, B3 radar and the levels to watch before the bell. See what drives the Iboves…
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Oil Wrap: Iran Supply Fears Lift Crude; YPF Slips
WTI and Brent hit three-week highs as Iran vows to keep the Strait of Hormuz closed. Petrobras dips, YPF retreats after Monday's s…
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Lithium Wrap: Lithium Miners Fall 2.9% as Futures Fade
LIT ETF dropped to US$74.02 and Albemarle slipped to US$132.71 in Tuesday's session, even as China's spot carbonate benchmark edge…
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Steel Wrap: Gerdau and Ternium Fall as Global Producers Retreat
Latin American steel shares fell Tuesday as tariff shields were offset by weak demand. Gerdau and Ternium dropped, CSN ticked up, …
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Iron Ore Wrap: Vale Slips as Ore Edges Higher
Vale's US shares fell 0.51% to US$13.68 on Tuesday while the seaborne iron ore benchmark rose 0.35%. We explain the divergence and…
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Zinc Slips and Latin American Miners Nexa and Buenaventura Follow
Zinc eased on Tuesday, August 18, 2026, as tight LME stocks met softer risk appetite. Nexa Resources and Buenaventura shares fell …