Via The Americas Quarterly, a report on Saudi Arabia’s increased engagement with Latina America and the Caribbean: Last November, a group of Caribbean dignitaries departed from Barbados and Miami in two private jets headed for Riyadh. Following the inaugural CARICOM-Saudi Arabia Summit, they returned with a $2.5 billion investment commitment for Caribbean development. The pledge, announced by Guyana’s President Irfaan Ali, was […]
Read more »Courtesy of The Financial Times, an article on Brazilian niobium: Among Brazil’s abundant mineral riches — from iron ore and gold to precious stones and copper — is one niche metal that almost no other country can claim to produce at scale: niobium. The dominant producer, Companhia Brasileira de Metalurgia e Mineração (CBMM), is exploring new […]
Read more »Courtesy of the Wall Street Journal, an article on how the U.S. and China are competing to acquire the metal essential for EVs and data centers. It is also at the center of a $43 billion takeover battle: After one of the world’s top copper producers recently hit a financial crunch, the Biden administration started huddling […]
Read more »Via LatAmFintech, a report on Nubank: Nubank announced today that it has surpassed 100 million customers in Brazil, Mexico and Colombia, becoming the first digital banking platform to reach this milestone outside of Asia. This achievement comes after the company has presented record financial results for the year 2023, with more than $1 billion in net […]
Read more »Via The Diplomat, a look at how Chinese investments in Latin America are shifting to focus on decarbonization and renewable energies, using technologies that are strategic for the future of the global economy: China’s growing presence in the trade and investments landscape in Latin America has drawn attention from policymakers and businesses in the United States. Accustomed […]
Read more »Courtesy of The Financial Times, a report on US trade engagement with Latin and South America: Concern over China’s economic clout has created “a hell of a chance” for the US to pass legislation paving the way for more free trade deals with Latin American countries, said President Joe Biden’s special adviser for the region. […]
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