AGP Executive Report
Last update: 9 hours agoRetail: FEMSA reported third-quarter revenue growth of 9.8% and operating income growth of 9.9%, with OXXO Mexico sales up 10.3%. Trade: Mexico and India opened talks on a preferential trade pact covering goods access, customs and investment, while Trinidad and Tobago’s former finance minister urged both countries to formalize largely informal trade with Venezuela. Payments: ACI Worldwide and Circle will test USDC settlement on Colombia’s Bre-B instant-payments network; in Brazil, Itaú has registered its crypto custody and trading services under new rules. Argentina: A staff-level IMF deal could unlock $900 million in financing. Brazil: Lula’s reelection leaves a divided political landscape, and mining leaders are pressing for clear rules as the country seeks investment in critical minerals without choosing between the U.S. and China.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.