AGP Executive Report
Last update: 3 hours agoParaguay Banking Crisis: President Santiago Peña’s resignation offer was rejected as lawmakers advanced impeachment and prosecutors opened a criminal investigation over the Ueno Bank collapse, which froze millions of customers’ funds. Brazil is watching for instability and expects Vice President Pedro Alliana to maintain practical cooperation. Fintech Expansion: Yellow Card bought Brazilian crypto firm GoMoney, adding local-real collections and payments via Pix to its stablecoin services; regulatory approval is pending. Investment: Catuaí and Iguatemi plan a R$1 billion Four Seasons hotel and residences complex in São Paulo, targeting completion in 2030. Central American Finance: The European Investment Bank opened a Panama office to help channel funding into energy, transport, water and innovation projects across six countries. Energy Bottleneck: Brazil and Chile are curtailing renewable generation when output exceeds grid capacity, undermining project returns and slowing wind development.
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