Argentina Just Told Banks How to Lend Dollars to Companies That Do Not Earn Them
The new Argentina dollar lending rules cap non-exporter loans at 15% of a bank's foreign-currency deposits. The central bank governor...
August 20, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
SQM Will Spend US$3 Billion by 2028, Most of It on One Salt Flat
The SQM investment plan puts about US$3 billion of capital spending into 2026-2028, centred on the Salar Futuro lithium project...
August 20, 2026
Venezuela’s Oil Minister Went to Houston and Signed Two Deals
Venezuela oil deals were signed in Houston with SLB and Hunt Oil, as the oil minister told investors the country...
August 20, 2026
Argentina Approves a US$6.4 Billion Vaca Muerta Project in a Single Day of Deals
Argentina approved a US$6.4 billion Vaca Muerta RIGI project for Tecpetrol on 19 August, the same day San Juan ratified...
August 20, 2026
Brazil Will Not Hit Back at US Tariffs This Year, Its Trade Minister Says
Brazil US tariff retaliation will not arrive before December, the trade minister said. The reciprocity process has a 60-day information...
August 20, 2026
The OAS Just Voted 29-1 on Nicaragua. Brazil Was the One
The OAS Nicaragua vote passed 29-1-1 on 19 August, summoning foreign ministers. Brazil voted against and Mexico abstained.
August 20, 2026
Coca-Cola Is Spending US$2 Billion on Mexico’s Corner Shops
Coca-Cola Mexico investment: the bottling system says it will spend more than US$2 billion modernising over a million tienditas, part...
August 20, 2026
A Critically Endangered Frog Just Stopped a Chile-Argentina Power Line
A Chile Argentina power line was rejected by Maule environmental regulators over a critically endangered frog, after a Leonardo DiCaprio...
August 20, 2026
Kast Needs His Own Side to Pass His Security Reform. It Is Not Cooperating
The Kast security reform has split the Chilean right. Libertarian allies warn of a less democratic system while RN deputies...
August 20, 2026