Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Brazil Import Tax Pause Faces 8 September Expiry
A provisional measure zeroed Brazil import tax on parcels up to US$ 50, but it expires 8 September 2026. Without a congressional v…
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Usiminas Profit Jumps 236% But Faces Slower Quarter Ahead
Usiminas posted net profit of R$ 428.2 million (about US$84 million) in 2Q26, up 236% year-on-year but down 52% sequentially. Adju…
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Colombia’s Peso Went on a Round Trip Last Week — What It Cost You
Colombia · MONEY Key Facts —Today’s rate: The official TRM in force for 10 August is 3,157.43 pesos to the dollar…
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Peru Will Move Its Holidays to Mondays From 2027 — and Changed Its Mind in a Day
Peru · WORK & LIFE Key Facts —The plan: Peru intends to move public holidays that fall between Tuesday and Friday t…
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LatAm Expat & Nomad Daily Guide for Monday, August 10, 2026
The Short Version In short: Your LatAm expat and nomad daily guide for Monday, August 10. Colombia’s new government has move…
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Embraer Q2 Record Backlog Signals Strong Latin American Demand
Embraer Q2 results reveal a record backlog and solid earnings. Find out what the numbers mean for investors and a potential IndiGo…
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Lula’s Stimulus Plan Sparks Election Spending Fight
Brazil's Lula stimulus hits R$283.2 billion (US$55 billion) in 2026. UBS says 69% depends on credit. Critics see election spending…
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Sabesp Privatisation Cuts Water Bills 15%, Says Governor
Governor Tarcísio de Freitas says Sabesp tariffs are 15% lower thanks to privatisation. With R$70 billion in planned investments, …
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Prio Q2 Profit Surges 169% On Record Output
Prio's second-quarter profit jumped 169% to US$413.3 million, helped by record production of 172,000 barrels of oil equivalent per…
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Gerdau Q2 Profit Jumps 70% As North America Drives Strong Results
Gerdau's Q2 profit surged 69.7% to R$1.466 billion (US$287 million), boosted by North American demand. The company also approved a…
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MercadoLibre Q2: Revenue Tops US$10 Billion, Shares Slip
MercadoLibre crossed US$10 billion in quarterly revenue for the first time in Q2 2026, but shares fell as margins missed forecasts…
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Itaú Q2 Profit Climbs To US$2.4 Billion, Payout Set
Itaú Q2 profit rose 7.8% to R$12.4bn, with ROE at 24.3%. The bank also announced JCP of R$0.36 per share, payable on 28 August. He…
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What’s On In Latin America: The Week Ahead (August 10–16, 2026)
Cali's Petronio Alvarez festival, Rosalía in Rio, Colombia's wealth-tax pledge and a heavy central-bank week: your Latin America w…
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Cuba Tourism Collapse Worsens As US Sanctions Bite
Cuba tourism is in freefall — 387,591 visitors in six months, down 60.7%. New US sanctions and daily blackouts are squeezing the i…
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US Venezuela Trade Jumps 113% To US$9.5bn In H1 2026
US–Venezuela trade hit US$9.528 billion in H1 2026, up 113%. Oil licences widened under OFAC, while the bolivar's parallel rate ra…
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Vaca Muerta Nears Records, But US$20 Billion Gap Looms
Vaca Muerta is pumping near-record crude, but up to US$20 billion in missing infrastructure and a US-China tech dispute loom over …
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Argentina Jobs Crisis Worsens as Formal Work Vanishes
Argentina jobs: 235,000+ formal posts gone since Nov 2023. Informality at 44.2% — a two-decade high. Credit is locking up, and the…
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Bolivia IMF Deal: What US$1.9bn Means for You
Bolivia's US$1.9bn IMF staff-level agreement could unlock US$5bn more. The bolsín is dead, fuel prices are rising and the bolivian…
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Colombia Security: Hardline Era Begins Amid Southwest Violence
A car bomb in Cauca, a drone attack in Tolima, and a decisive military operation mark Colombia's new hardline era. Here's what it …
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Keiko Fujimori Government Starts Strong: 60% Approval, Pro-Market Team
Keiko Fujimori's new government starts with 60% approval and a pro-market finance team. Elmer Cuba's productivity push targets 4% …
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Senegal wheat imports near one million tonnes as supplier race intensifies
Senegal · TRADE Key Facts —Import volume: Senegal imported 904,947 tonnes of soft wheat in 2024, according to the Natio…
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CFA Franc Zone Cotton Output Drops for Second Straight Season in 2025/2026
CFA Zone · AGRICULTURE Key Facts —Second consecutive drop: The United States Department of Agriculture projects CFA fra…
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Seriti and Etana deal shows South Africa’s electricity market transformation
South Africa · ENERGY Key Facts —First operating phase: Seriti Green’s Ummbila Emoyeni wind project began commercial op…
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Nigeria Turns to Asia for Post-Harvest Loss Solutions
Nigeria · AGRICULTURE Key Facts —Annual losses: Nigeria loses an estimated ₦3.5 trillion worth of agricultural output a…