AGP Executive Report
Last update: 10 hours agoDigital Payments Clash: Brazil’s Pix is at the center of a new U.S.-Brazil fight as Washington moves to protect U.S. firms, citing Pix’s government-backed structure as a trade barrier while Brazil defends it as fair competition. Cross-Border Fintech Expansion: Ant International, Ant Group’s overseas payments arm, raised about $1.2B to scale merchant payments and cross-border services across Asia, Europe, the Middle East and Latin America. Regional Politics: Nicaragua’s Ortega said the country will no longer hold elections, tightening his grip as sanctions continue to target officials. Food Security Pressure: A new UN report says global hunger fell for a third year, but 1 in 3 people still can’t afford a healthy diet—an issue with clear knock-on effects for Latin America’s food costs. Energy & Industry Deals: MAIRE/Tecnimont won a €1.3B contract for a major urea complex in Argentina, aiming to build the largest urea plant in Latin America. Trade & Mobility: India and Spain agreed to advance UPI-Bizum interoperability talks, with both sides also flagging joint investment opportunities involving Latin America.
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