AGP Executive Report
Last update: 9 hours agoPayments & Trade Tensions: Brazil’s Pix is at the center of a new U.S.-Brazil fight as Washington cites Pix to justify fresh 25% tariffs on Brazilian imports, arguing government-run payment rails could disadvantage U.S. firms. Food Security Pressure: A new UN report says global hunger fell for a third straight year, but the share of people who can’t afford a healthy diet remains extremely high—one in three globally. Fintech Expansion: Ant International, Ant Group’s overseas payments arm, closed a $1.2B equity round to scale merchant payments and cross-border services across Asia, Europe, the Middle East and Latin America. Infrastructure & Energy: Terra Innovatum signed a deal to deploy SOLO microreactors for DIRECTV Latin America and SKY Brasil data centers in Argentina and Brazil. Nicaragua Politics: President Daniel Ortega announced the country will no longer hold elections, blaming U.S.-backed opposition. Auto Exports: China’s BYD and other makers are boosting exports to Latin America, with Brazil leading destinations for BYD passenger vehicles in early 2026.
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