Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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US secures majority control of Venezuelan crude output in new joint venture
Washington has secured a 55 percent stake in the output of a newly formed Venezuelan oil venture, a move that significantly expand…
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The US waives beef tariffs for Brazil and Paraguay, but not for Argentina and Uruguay
US President Donald Trump signed a proclamation on August 26 temporarily waiving tariffs on imports of up to 300,000 tonnes of lea…
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Washington negotiates stakes in Venezuelan oil fields with leases of up to a century
The United States government is negotiating with Venezuela's interim administration to acquire stakes in a group of the South Amer…
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Specialist outlets estimate GTA VI absenteeism could cost the US a billion dollars
Video game and technology outlets estimate that the launch of Grand Theft Auto VI, scheduled for November 19, could cost the Unite…
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US gross national debt passes 40 trillion dollars for the first time
The gross public debt of the United States reached 40.047 trillion dollars on Tuesday, according to data released by the Treasury …
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Colombia asks Washington to suspend 12.5% tariffs over the earthquake emergency
Colombian President Abelardo de la Espriella on Saturday asked his US counterpart, Donald Trump, to temporarily suspend tariffs on…
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Navitas broadens its US Gulf portfolio with stakes in two oil discoveries, oil industry media
Navitas Petroleum has signed agreements to obtain a 33.33% interest in the Tiberius and Logan oil discoveries in the Gulf of Ameri…
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Trump calls on US companies to lower gasoline prices, “Oil Prices Down, NOW!”
This Monday President Donald Trump demanded that U.S. oil companies immediately lower gasoline prices after crude futures plunged …
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Milei: the alliance with Washington is the "key" to sovereignty over the Falklands
Argentine President Javier Milei said on Monday that his government's alignment with the United States will advance Argentina's so…
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Traditional right-wing technocrats and Christian voices will share Colombia's new cabinet
Colombia's president-elect, Abelardo de la Espriella, has completed all eighteen posts in his cabinet four days before taking offi…
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FIFA World Cup $20bn private equity sale risks rejection by federations
A proposed $20 billion private equity sale of World Cup commercial rights faces a high risk of defeat after Europe and North Ameri…
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Fed holds rates for fifth straight meeting as three officials push for a hike
The US Federal Reserve left interest rates unchanged on Wednesday in a range of 3.5% to 3.75%, the fifth consecutive meeting witho…
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Latin American Online Gambling Regulatory Frameworks and Market Growth Through Pinco
The digital entertainment sector in Latin America is undergoing a period of profound capital redistribution. The transition from c…
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Brazilian industry estimates nearly half its US exports will face additional tariffs
Some 48.7% of Brazilian exports bound for the United States will be subject to some form of additional tariff following the entry …
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New US tariff scheme expands Argentine zero-duty lines to 2,212
The new US tariff scheme that took effect on Friday raised to 2,212 the number of Argentine tariff lines that can enter the US mar…
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Uruguay faces a 12.5% US tariff as its foreign ministry weighs the implications
Uruguay was placed in the highest band of the new US tariff scheme, with an additional 12.5% levy on its exports to the United Sta…
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US rebuilds its tariff wall with forced-labor levies on 60 economies
The United States imposed tariffs of between 10% and 12.5% on 60 trading partners, which together account for about 99% of its imp…
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US court upholds $390m Aerolíneas ruling against Argentina
A US appeals court has upheld a $390 million arbitral award against Argentina over the 2008 Aerolíneas expropriation, empowering c…
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US readies tariffs on some 60 economies over forced labor, with Argentina among them
US Trade Representative Jamieson Greer said his government will announce new tariffs on some 60 economies in the coming days for f…
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Burnham backs North Sea drilling, Hormuz security in Trump call
Newly appointed UK Prime Minister Andy Burnham used his first call with US President Donald Trump to signal a pro-growth agenda fo…
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Lula asks Trump to explain 25% tariffs on Brazil, speaks of a "war of truth"
Brazilian President Luiz Inácio Lula da Silva publicly called on his US counterpart, Donald Trump, to explain the reasons behind t…
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FIFA to sell 1,996 World Cup rings in commercial push
FIFA will award and sell championship rings for the 2026 World Cup, marking a deliberate shift toward US-style sports merchandisin…
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Balogun says he thought it was "a joke" when FIFA suspended his red card after Trump call
United States forward Folarin Balogun said he thought it was "a joke" when he was told FIFA had suspended the sanction for his red…
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Miami ruling links Maduro to "hostage diplomacy," orders $314 million in damages
A federal judge in Miami ordered $314 million in damages to be paid to three US citizens who were imprisoned in Venezuela, where t…