Brazil’s Court Watchdog Freezes the 21-Year Banco Santos Bankruptcy
Brazil's watchdog froze Banco Santos bankruptcy, ousted 30+ administrators over $2.3B in missing assets, an off-book cash pool, and a...
July 13, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Guatemala’s First Public-Private Highway Reaches a Milestone
Guatemala's $154M public-private partnership highway linking Escuintla to Port Quetzal hits its first handover, projected to create 20,000 jobs over...
July 12, 2026
Panama Fights Back After Report Calls Its Free Zone a Smuggler’s Haven
Panama's Colón Free Zone, moving $25B yearly, fires back at smuggling and money laundering claims, calling illegal cases a tiny...
July 12, 2026
El Salvador Takes Its Tech-Hub Pitch to Investors in Seoul
El Salvador is courting South Korean tech capital, pitching its digital-asset laws and AI push to Korean firms at an...
July 12, 2026
Costa Rica’s Registered Small Firms Nearly Double in Four Years
Costa Rica small firms nearly doubled to 36,098 in four years, a 97 percent rise that pulled thousands of businesses...
July 12, 2026
Belize Plans Its First Industrial Strategy Around Sea and Soil
Belize drafts its first national industrial strategy with UNIDO, targeting 6 value chains—cacao, coconut, seaweed, boatbuilding—to cut reliance on tourism.
July 12, 2026
Peru Enlists Its Diplomats to Sell More Pisco Abroad
Peru's pisco exports hit $9.5M in 2025—20x the 2005 level—shipping to 40 markets as Chilean rivals drop 35%. The US...
July 12, 2026
Cameroon Sugar Upstart Bets $100 Million Against Castel
Nassourou Issa's $100M Cameroon sugar mill targets 300,000 tons by 2028, challenging the Castel family's Sosucam with Société Générale backing.
July 12, 2026
Telecel Bids £450 Million for TalkTalk’s UK Backbone
Telecel TalkTalk bid: the pan-African operator offers up to £450 million for PXC, the UK wholesale network arm, with Epiris...
July 12, 2026