🇦🇷 Argentina

US Backs Argentina's $7 Billion Energy Bet as Sovereign Risk Soars

September 23, 2026

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Today's Briefings

🇦🇷 Argentina

US Backs Argentina's $7 Billion Energy Bet as Sovereign Risk Soars

September 23, 2026

Argentina moved closer this Wednesday to signing the largest bilateral financing agreement in its history with the United States, with up to $7 billion earmarked for energy infrastructure and critical minerals through 2027, even as the local market punishes sovereign bonds and country risk breaches 550 basis points for the first time since May. The paradox is telling: at the very moment Buenos Aires consolidates its strategic alliance with Washington and closes corporate debt deals at competitive rates, the sovereign's cost of funding is moving in the opposite direction from the rest of Latin America — driven not by any deterioration in economic fundamentals but by the political noise generated by the 2027 electoral outlook.

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🇧🇷 Brazil

Dividend tax overhaul yields one-third of promised revenue as fiscal crisis deepens

September 23, 2026

The downward revision of projected dividend tax revenue — from an originally estimated R$29 billion to just R$10.5 billion in 2026, according to the Receita Federal — comes at a moment when the Ministry of Finance itself

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🇺🇾 Uruguay

Uruguay's economy shrinks as tech investors circle with expansion plans

September 23, 2026

The tech community Praxis has chosen Uruguay to build what it calls a "city of the future," and its founder is expected to meet with President Yamandú Orsi in New York in the coming days. The news arrives at a singularly uncomfortable moment for the government: that same day, Central Bank data confirmed that the economy contracted 0.8% in the second quarter, complicating the executive's growth targets and fueling an increasingly urgent debate about the country's competitiveness and structural dynamism.

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🇵🇾 Paraguay

Paraguay's Central Bank credibility faces internal erosion amid 5.6% growth

September 23, 2026

Paraguay's financial system has been building up pressure for weeks that has finally found a public voice: economists, former ministers and business associations have pushed to the center of the national debate the question of whether the institutions safeguarding the country's monetary stability are being eroded from within. It is this tension — between a macroeconomy growing at a pace that is the envy of the region and a system of institutional credibility that some consider under siege — that defines Paraguay's economic moment today.

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🇨🇱 Chile

Unemployment at five-year high triggers Chile's governance crisis

September 23, 2026

Unemployment in Chile has reached 9.5%, its highest level in five years, and that single data point now concentrates most of the country's political and economic tension, turning a statistical figure into the axis of a n

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🇧🇴 Bolivia

Diesel subsidy elimination triggers 125% transport fare surge, threatens logistics paralysis

September 23, 2026

The full elimination of the diesel subsidy, which took effect with the price set at Bs 17.95 per liter — up from subsidized levels that represented barely a fraction of that cost — stands as the most disruptive economic

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Opinion

Latest Opinion

OpinionMariana Coelho

Bolivia's Diesel Reform Will Fail If Blockades Strangle Export Harvests

Bolivia eliminated its diesel subsidy this week. After a decade and a half of pegging the boliviano and another decade of subsidizing fuel at fiscal cost that the state could no longer sustain, President Rodrigo Paz's government moved the pump price to Bs 17.95 per liter — more than double the previous subsidized level — formalizing a $1.9 billion IMF agreement approved by a two-thirds legislative majority and announcing ten structural adjustment measures alongside it.

September 22, 2026

OpinionHenrique Salgado

Bolivia trades hydrocarbon dependency for IMF conditionality, gains time not transformation.

Bolivia's diesel subsidy elimination is the story this week that cuts deepest — not because of the queues dissolving at the pumps, but because of what it reveals about the structural leverage game being played in La Paz

September 21, 2026

OpinionLucía Ibarra

IMF's Bolivia Deal Masks Regional Fragmentation's True Cost

The International Monetary Fund returned to Bolivia this month bearing $1.9 billion and a list of conditions, and the Bolivian Chamber of Deputies — with more than two-thirds of the vote — opened the door. The headline looked like a triumph of fiscal realism: country risk below Argentina and Ecuador, a fiscal surplus in the first five months of 2026, sovereign bond demand five times oversubscribed.

September 18, 2026

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