Bolivia Ends Its Dollar Peg, Devaluing the Boliviano 30%
Bolivia ended its dollar peg on June 26, moving to a flexible exchange rate and devaluing the boliviano 30% to...
June 28, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Brazil Advances AI Consumer Protection Rules With Real Teeth
Brazilian lawmakers advanced an AI consumer protection bill making firms disclose AI use, allow human review of automated decisions and...
June 28, 2026
Brazil Moves to Rein In World Cup Betting Ads on Three Fronts
Brazil is curbing betting ads during the World Cup, as the ad watchdog and Justice Ministry both target CazeTV, the...
June 28, 2026
A $6.7 Billion Quake Bill Hits Venezuela Mid-Default
Venezuela earthquake damage is put at a UN-estimated six point seven billion dollars, near six percent of GDP, as the...
June 28, 2026
Brazil Is Building a Pix for Business Credit. Here’s the Catch
Brazil duplicata escritural is a Pix for business credit, launching June thirty to help small firms borrow against unpaid invoices....
June 26, 2026
Stellantis Bets 3 Billion Reais on Rio’s Porto Real Auto Plant
Stellantis will invest three billion reais in its Porto Real plant in Rio de Janeiro state, building the new Jeep...
June 26, 2026
Uruguay’s Economy Grows but Its Investment Sinks to a Decade Low
Uruguay investment fell to a post-pandemic low in early 2026 even as growth, jobs and wages held up, exposing a...
June 26, 2026
Suriname’s First Offshore Oil Project Moves From Plans to Steel
Suriname offshore oil advances as Saipem begins $1.9B GranMorgu subsea work June 23, targeting 750M barrels at 220,000 bpd via...
June 26, 2026
Brazil Adds $25.6 Billion to Its Industrial Policy in an Election Year
Brazil Nova Industria gains a fresh one hundred forty billion reais from BNDES and Finep through December, an election-year push...
June 26, 2026