AGP Executive Report
Last update: 2 hours agoParaguay’s Banking Shock: Former president Santiago Peña was charged and taken into custody after lawmakers impeached him over the collapse of Ueno Bank, which held public funds and served millions of customers. The central bank says more than 1.2 million customers have received guaranteed payouts. Trade and Investment: Latin American and Caribbean exports rose 19.5%, with AI demand and oil prices driving growth, the IDB said, pointing to opportunities to attract more foreign investment. Brazil’s Oil Exports: Record crude shipments helped lift Brazil’s trade surplus above forecasts in October. Chile Manufacturing: ALTA Performance Materials agreed to buy BASF’s Palatal business in Chile, adding a Concón production site and expanding its South American footprint. T&T Telecoms: Telecommunications Services of Trinidad and Tobago secured US$481 million in refinancing, while its union pressed the company to settle two outstanding wage agreements.
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