Brent Crude Hits US$100 as Houthi Attacks Disrupt Red Sea
Brent crude rose above US$100 a barrel, its first time since May, after Houthi attacks on Saudi tankers in the...
July 23, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
CAF Argentina Gets US$250M Guarantee for Debt Plan
CAF Argentina approved a $250M sovereign guarantee to widen external financing access, part of a $4.3B scheme with World Bank...
July 23, 2026
Venezuela Hosts IDB Mission After 7-Year Break
An IDB technical mission arrived in Caracas on July 22, its first Venezuela visit in 7 years, to assess the...
July 23, 2026
Repsol Bets on Venezuela Oil, Sidelines $5.2Bn Debt
Repsol parks $5.4B in Venezuelan debt to chase a 50% output surge within a year, CEO confirms focus is on...
July 23, 2026
Ecuador’s Noboa Plans a Public-Works Spree From September
Ecuador’s public investment hit $1.16B in H1 2026. President Noboa’s new plan launches in September with a Quito Metro extension,...
July 23, 2026
Uruguay Private Pensions Survive, Aim to Cut Fees
The Uruguay AFAP reversal keeps private pension funds managing savings and their link with affiliates, as the government shifts focus...
July 23, 2026
How Uruguay Drew US$6.7 Billion Into Its Power Grid
Uruguay attracted US$6.7 billion in electricity-generation investment in five years, slashing supply costs from $1.25B to $700M while reaching 99%...
July 23, 2026
Chile Seeks $100 Billion in Copper to Cut China Reliance
A Chile copper push aims to draw about US$100 billion in investment, diversify buyers beyond China and shift toward refined...
July 23, 2026
Trafigura Makes Its First Power Trade in Brazil
Trafigura enters Brazil’s free power market with a R$750M (US$147M) deal, taking over a CGN Brasil Energia contract. Its first...
July 23, 2026