AGP Executive Report
Last update: 4 hours agoArgentina’s Economy: Activity rose just 0.1% in August, below forecasts, and was down 1.7% from a year earlier. Energy and farm exports are growing, but weakness in manufacturing, construction and retail is weighing on the recovery. Insurance Deal: Prudential agreed to sell its Brazil and Mexico businesses to France’s CNP Assurances for $4.025 billion; the deal would lift Brazil’s share of CNP’s revenue to 24%. Digital Payments: Tether backed Bolivian fintech Peso as it expands USDT payments across Bolivia, Brazil, Colombia and Argentina. Its services include QR and in-store payments, as businesses seek alternatives amid Bolivia’s dollar shortage. Colombia Investment: Renault-Sofasa plans to invest $150 million to build a new car in Colombia. Brazil’s Runoff: A poll put Flávio Bolsonaro one point ahead of President Lula, adding to uncertainty ahead of Sunday’s vote in the region’s largest economy.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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