Venezuela Oil & U.S.-China Rivalry: Bloomberg reports Venezuela is becoming a key testing ground for Trump’s push to squeeze out China and other “malign” actors, including moves to restructure Venezuela’s debt and deny China revenue claims tied to oil. Argentina–Falklands Energy Standoff: Javier Milei escalated Argentina’s Malvinas/Falklands claim, announcing sanctions on companies involved in oil work around the islands and promising a stronger naval base—prompting a firm UK rebuttal. Brazil EV Shift Hits Fuel Demand: Citi and ICCT Brazil warn electrified vehicles are already cutting Brazil’s gasoline/ethanol use, with demand expected to keep eroding even as GDP grows. Fintech Expansion: Revolut received conditional U.S. OCC approval for a national bank charter, targeting a 2027 launch and expanding its Latin America footprint. Digital Finance Innovation: Banco do Brasil completed a $5M digitally native structured note deal via Citi on Euroclear’s blockchain-based platform. Energy Storage Growth: Spain’s Norvento Enerxía plans to scale utility-scale storage across Brazil, Chile, Argentina, Mexico and Guatemala. Tourism Snapshot: Mexico ranked 4th globally for tourism’s direct GDP contribution and leisure spending, with Quintana Roo/Cancún still central. Weather Tech: Google unveiled WeatherNext 3, an AI model that can deliver sharper hourly forecasts using satellite data.