AGP Executive Report
Last update: 2 hours agoTrade & Food: Brazilian exports benefiting from lower EU tariffs rose 21% from May to September. Avocado exports jumped 421%, honey 367% and corn oil 266%. Banking: Paraguay’s central bank placed Ueno Bank into resolution after its solvency fell below the legal minimum, putting deposits for about 3 million customers and hundreds of millions in public funds in limbo. Retail Logistics: Latin American ecommerce imports are growing, but they haven’t fixed air-cargo imbalances as industrial shipments decline; carriers also face greater exposure to regulatory changes. Caribbean Payments: Mastercard and Powertranz launched a pay-at-the-table service for restaurants in Trinidad and Tobago and Barbados, using contactless Android devices or QR codes. Local Commerce: Evertec’s free ATH Móvil Navimarket returns to Puerto Rico on November 15, bringing about 250 local businesses together for holiday shopping. Autos: Volkswagen plans to use China-developed technology in future South American models, aiming to speed development and compete on price and technology.
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.
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