Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Chile Cuts 2026 Copper Output Forecast to 5.27 Million Tonnes on Weak First Half
Chile's Cochilco cut its 2026 copper output forecast to 5.27 million tonnes, a 2.6% drop, citing a weak first half before a projec…
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Tanzania’s CNG Push Gains a Homegrown Champion in Energo
Tanzania · Energy Key Facts —The company: Energo Tanzania is a Dar es Salaam-based CNG station operator and vehicle-conversi…
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Kenya Moves to Release Sh2.9 Billion in Mineral Royalties to Counties
Kenya · Mining Key Facts —The sum: The government has moved to release Sh2.9 billion (about US$22.4 million) in mineral roya…
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Kenya’s Pension Pot Tops KSh2.8 Trillion — but the State Leans Harder on It
Kenya · Economy Key Facts —The total: Kenya’s pension assets reached about KSh2.81 trillion (about US$21.8 billion) at end-2…
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Nairobi’s Banking Index Gets Its First ETF as Investors Chase Kenyan Banks
Kenya · Markets Key Facts —New ETF: Kenya’s Capital Markets Authority has approved the WSA Banking Index ETF, the first fund…
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Standard Bank Becomes Africa’s Gateway to China’s Yuan Payments
South Africa · Banking Key Facts —First mover: Standard Bank is the first African bank to offer access to China’s Cross-Bord…
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Ghana Upholds Revocation of Adamus Resources’ Gold-Mining Leases
Ghana · Mining Key Facts —The ruling: Lands and Natural Resources Minister Emmanuel Armah-Kofi Buah upheld the revocation of…
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South Africa Grants Southern Palladium a 30-Year Right for the Bengwenyama PGM Mine
South Africa · Mining Key Facts —The grant: South Africa’s Department of Mineral and Petroleum Resources granted a 30-year m…
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Bolivia’s Investment Law Faces a Skeptical, Divided Assembly
Bolivia · Economy Key Facts Bill status Proposed, not approved; sent to Assembly on Aug 11, 2026. Core promise Investor asset…
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Ecuador’s Auto Sales Smash Records in 2026 as EVs and Hybrids Surge
Ecuador · Economy Key Facts Record H1 Ecuador’s auto sector sold 78,185 units in January–June 2026, up 41.4% year…
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Cauchari-Olaroz Lands US$220 Million to Fund Its Lithium Expansion
Argentina · Mining Key Facts Debt closed US$220 million in new unsecured project debt for Cauchari-Olaroz, split US$50 millio…
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Lula Is Set to Sign Four Energy Decrees, Opening the Power Market
Brazil · Energy Key Facts Signing date President Lula is scheduled to sign four energy decrees on Wednesday, August 12, 2026,…
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Puerto Rico Clears a First Step for the US$2 Billion Esencia Resort
Puerto Rico · Development Key Facts Approval scope OGPe approved the location consultation on July 31, 2026 — not full …
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The US Is Now the Top Buyer of Venezuela’s Oil
Venezuela · Energy Key Facts Top buyer The U.S. took about 786,000 bpd of Venezuelan crude in July 2026, a seven-year high. T…
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Verão Fortaleza 300: Free Waterfront Programming Starts August 13
Fortaleza's 300th birthday party, Verão Fortaleza 300, lights up the waterfront with four free days of music, sport, and sunset en…
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Mexico’s Industrial Production Rebounds 1.7% in June
Mexico · Economy Key Facts Annual gain Mexico’s industrial production rose 1.7% year over year in June 2026, per Inegi …
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CSN Completes a US$1 Billion Debt Swap as Its Cement Sale Heats Up
Brazil · Corporate Key Facts Debt swap CSN Inova Ventures exchanged US$1.007 billion of 6.75% notes due 2028 for new 2030 not…
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JPMorgan Cuts Brazil to Neutral and Trims Its Ibovespa Target
Brazil · Markets Key Facts Rating cut JPMorgan moved Brazilian equities to Neutral from Overweight on Aug. 11, 2026. Target t…
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Brazil’s Copom Minutes Signal Caution Even as It Cuts to 14%
Brazil · Economy Key Facts Rate cut Brazil’s Copom lowered the Selic by 0.25 point to 14.00% on August 5, 2026. Fourth …
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Brazil’s July IPCA Inflation Falls Back Inside the Target Band
Brazil · Economy Key Facts Monthly rise Brazil’s IPCA rose 0.07% in July, down from 0.16% in June. Annual rate The 12-month I…
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Tomorrowland Brasil 2027 Tickets: Key Sale Dates for the São Paulo Festival
Get ready for Tomorrowland Brasil 2027 tickets in São Paulo, with sales starting September 2026 and a theme of Consciencia. The po…
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Latin America Needs Four Workers to Match One American, IDB Finds
Latin America · Economy Key Facts Productivity ratio Latin America’s labour productivity is about 26% of the US level, …
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Chile Wants Its Own Instant Payments — but Not a Central-Bank Pix
Chile · Fintech Key Facts Project name The private-bank-led instant payment rail is internally called ‘Tiro’. Pub…
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Guyana’s Kurupung Uranium Plan Runs Into Indigenous Opposition
Guyana · Mining Key Facts Project Kurupung Uranium Project, a 92.2 sq km exploration property in Region Seven (Cuyuni-Mazarun…