AGP Executive Report
Last update: 3 hours agoParaguay Banking: Central bank chief Carlos Carvallo resigned as regulators began resolving digital lender ueno over a solvency shortfall. The bank serves about 3 million customers and manages roughly $850 million in public funds; officials called the case isolated. Venezuela Energy: Caracas is courting foreign investors after loosening rules for private participation in oil exploration and production, but sanctions remain a major obstacle. Chevron has outlined a $7 billion plan to lift output. Regional Logistics: Logistics Plus opened offices in Panama and Guatemala, while Capital Q Ventures invested in Latin American delivery firm Carryt to support expansion across Colombia, Mexico, Brazil and Chile. Air Cargo: E-commerce shipments are growing, but LATAM Cargo says weaker industrial exports—including auto parts and mining equipment—are keeping cargo flows imbalanced. Brazil Markets: Post-election turmoil is clouding hopes for cheaper credit. Investors are watching the central bank’s rate decision, with borrowing costs at 13.75% and the real under pressure. Argentina Batteries: CATL opened a local office and is supplying batteries for two energy-storage projects totaling 1,025 MWh. Autos: Volkswagen plans to use China-developed technology in future South American models, with launches targeted before the end of the decade.
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