Colombia’s Gambling Hits 2% of GDP, Surpassing Coffee
Colombia’s gambling 2% of GDP milestone, fueled by online betting and the 2026 World Cup, now tops coffee and coal,...
August 4, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Cerro Matoso Output Cut in Half After Gas Cutoff
Colombia’s Cerro Matoso output cut of up to 50% follows Canacol Energy’s move to slash contracted gas supply, putting Córdoba...
August 4, 2026
Colombia Charges Enel, AES, Celsia with Energy Price-Fixing
Colombia’s SIC filed energy price-fixing charges against Enel, AES and Celsia over inflated power-pool offers made from 2022 to 2025.
August 4, 2026
Colombian Mato Grosso: De la Espriella’s US$1.3 Billion Agro Plan
President-elect De la Espriella is exploring a 20-year, IDB-backed plan to turn the Llanos Orientales into a Colombian Mato Grosso...
August 4, 2026
Guyana Ring-Fencing Gap May Cost US$12.4 Billion
Civil-society critics say the missing ring-fencing clause in Guyana's ExxonMobil Stabroek deal costs billions as output tops 900,000 barrels a...
August 4, 2026
Pilots’ Strike Strands 140+ Ships on Argentina’s Paraná River
A river pilots' strike against Argentina's Decree 690/2026 has stranded 140-plus ships since 1 August, paralyzing the Paraná grain-export corridor.
August 4, 2026
Chevron Boosts Venezuela Oil to 280,000 Barrels Daily
Chevron has raised Venezuelan output to about 280,000 bpd under a US license as BP, Eni, Shell and Repsol follow...
August 4, 2026
Brazil’s Central Bank Set to Cut Key Rate to 14%
Brazil's Copom is expected to cut the Selic to 14% on Wednesday, a fourth straight quarter-point move as inflation cools...
August 4, 2026
Southern Copper Marks 30 Years on NYSE After CEO’s Death
Southern Copper marks 30 years on the NYSE after the death of longtime CEO Óscar González Rocha, amid a tightening...
August 4, 2026