Fresh news on business and economy in Latin America

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AGP Executive Report

Last update: 2 hours ago

Venezuela’s turnaround bet: Venezuela’s central bank chief Luis Pérez says the economy can grow 8% in 2026 as the country moves ahead with a massive sovereign-debt overhaul and aims to slow inflation to single digits by year-end. Energy & industry pressure: A fire at PDVSA’s Lake Maracaibo gas facility injured at least six workers, underscoring how aging infrastructure and sanctions keep risks high. Brazil trade tailwind: Brazil reinstated a tax break on imported parcels worth $50 or less, a boost for Chinese cross-border e-commerce as other markets tighten low-value shipments. Biofuels push: Amaggi is buying a 40% stake in Brazilian corn-ethanol firm FS to lock in corn origination and expand ethanol output. Regional labor shift: Chile’s labor market saw a sharp drop in Venezuelan workers, linked to tougher immigration enforcement. Caribbean tourism momentum: Curaçao is being singled out for steadier, year-round demand as the region leans into premium travel.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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