Braskem (B3: BRKM5), Latin America’s largest petrochemical company, released its Q1 2026 operational report on Tuesday May 5, showing Brazilian resin sales of 782,000 tonnes (down 3 percent year-on-year) and chemical sales of 622,000 tonnes (down 2 percent), with domestic ethylene utilisation falling to 69 percent from 74 percent a year ago, according to the […]

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Ecuador’s electricity deficit problem worsened on Monday, May 4, 2026 when the Corporación Eléctrica del Ecuador (Celec) declared its 77 million dollar tender for a 50 MW diesel-generator lease at Pascuales failed because all four bidders were disqualified for missing minimum requirements or contract deadlines. The collapse marks the second power-contract failure in less than […]

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Paraguay construction debt is being cleared on schedule, the Ministry of Public Works (MOPC) confirmed on Tuesday, May 5, 2026, after the government released 106 million dollars to road and infrastructure contractors in April against an original target of about 60 million dollars. The Santiago Peña administration committed in mid-April to disburse a total of […]

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Prio S.A. (B3: PRIO3), Brazil’s largest independent oil producer, reported Q1 2026 net income of US$460 million on Tuesday May 5, up 33 percent year-on-year from US$345 million, with adjusted EBITDA surging 91 percent to US$852 million on record production of 155,400 barrels per day, according to the company’s earnings release filed with CVM and […]

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Colombia’s presidential election picked up a major realignment on Wednesday, May 6, 2026 when former foreign minister Luis Gilberto Murillo declined his independent candidacy and joined Iván Cepeda’s Pacto Histórico campaign at a 10:00 AM ceremony at the Hotel Tequendama in Bogotá. Murillo becomes the third ex-presidential candidate to join Cepeda’s “Alianza por la Vida” […]

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Uruguay inflation accelerated to 3.16 percent year-on-year in April 2026 from 2.94 percent in March, returning the index to the Banco Central del Uruguay (BCU) tolerance range of 3 to 6 percent after the historic break below the floor in March. The Instituto Nacional de Estadística (INE) reported a 0.54 percent month-on-month change, slightly below […]

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A Quito bus strike paralyzed Ecuador’s capital on Tuesday, May 5, 2026 when urban transport operators reduced service hours from the standard 05:00-22:00 window to 08:00-19:00 in protest over diesel costs and a frozen $0.35 fare. The disruption left more than 3 million residents without urban buses for the first three hours of the working […]

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Bolivia road blockades reached 64 active points by midday Wednesday, May 6, 2026, according to the Administradora Boliviana de Carreteras (ABC) transit map, with eight of the country’s nine departments affected and only Pando still moving freely. The peasant federation Túpac Katari activated an indefinite blockade across the 20 provinces of La Paz department from […]

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Bolivia FX unification was announced on Tuesday, May 5, 2026 by Economy Minister José Gabriel Espinoza, ending a fixed dollar peg of 6.86 bolivianos for purchase and 6.96 bolivianos for sale that had been in place since 2011. The new system will rely on a single market-driven exchange rate determined by supply and demand, with […]

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The Argentina Fitch upgrade announced on Tuesday, May 5, 2026 raised the country’s long-term foreign and local currency sovereign credit rating from CCC+ to B-, with a stable outlook and the country still six notches below investment grade. The decision is the first Fitch upgrade for Argentina under President Javier Milei and reflects what the […]

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Argentina’s autoparts industry registered a 22.5 percent year-on-year contraction in the first two months of 2026 against the same period of 2025, per the Asociación de Fábricas Argentinas de Componentes (AFAC). The Javier Milei government’s import liberalization and reduced bureaucratic controls drove autoparts imports up 11.6 percent in 2025 to 10.319 billion U.S. dollars, with […]

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Peru’s Comisión de Energía y Minas of the Congreso de la República has approved a dictamen that strips Article 10 of the Ley General de Minería of its core permanence clause, the provision under which mining concessions have been irrevocable for over three decades as long as the holder meets legal obligations. The Sociedad Nacional […]

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