Key Points —Brazilian aerospace company Embraer announced on Monday May 11, 2026 a strategic partnership with India’s Bharat Forge Limited (BFL) for the supply of raw forged materials used in commercial and military landing-gear systems, the first such contract with an Indian supplier. —Embraer reported record Q1 2026 revenue of US$1.4 billion (R$6.9 billion), up […]

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Key Points —Venezuelan acting president Delcy Rodríguez rejected on Monday May 11 US president Donald Trump’s “serious consideration” of annexing Venezuela as the 51st US state, declaring from The Hague that the prospect “is not foreseen and would never be foreseen.” —Trump valued Venezuelan oil reserves at US$40 trillion in a Fox News call, citing […]

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Key Points —Venezuelan acting president Delcy Rodríguez appeared in person at the International Court of Justice in The Hague on Monday May 11, 2026 to formally reject the court’s jurisdiction over the Essequibo dispute, calling the 1899 arbitration award a “fraud 127 years old.” —The disputed territory covers approximately 160,000 km² rich in oil reserves […]

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Key Points —The Centro de Estudios Económicos del Sector Privado (CEESP) said on Monday May 11 that Mexico must lift investment above 25% of GDP to accelerate sustained growth toward 4%, against current Q4 2025 levels of 22.9%, with private investment alone at 19.5% of GDP. —Approximately 86% of Mexican investment originates in the private […]

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Key Points —The European Union’s 27 member states approved the Mexico Modernised Global Agreement and the Provisional Trade Agreement on Monday May 11, 2026, with formal signing scheduled for the May 22 Mexico-EU Summit in Mexico City, the first bilateral summit in 11 years. —The pact eliminates nearly all remaining bilateral tariffs, opens 86% of […]

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Key Points —Peru issued Decreto de Urgencia 003-2026 authorising a US$2 billion contingent-finance package for Petroperú on Monday May 11, plus an additional US$500 million short-term commitment, citing Iran-Hormuz pressure and the closure of the Iquitos refinery. —Ecuador faced widespread gasoline Extra and Ecopaís shortages in Quito, Guayaquil and Cuenca on May 11, with the […]

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Key Points —Argentine beef exports reached US$1.028 billion in Q1 2026, a 53.95% year-on-year jump, on 199,658 tonnes equivalent res con hueso (+17.08%) at an average price of US$5,149 per tonne (+31.48%), according to the Secretaría de Agricultura, Ganadería y Pesca. —Approximately 20,000 tonnes shipped to the United States in Q1 after Trump’s February 2026 […]

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Key Points —The Tribunal Primero de Sentencia de Tarija declared former Bolivian president Evo Morales in rebellion on Monday May 11 after he failed to appear at the opening of his oral trial for aggravated trafficking of persons. —The court reissued an apprehension order, a national-territory arraigo, and preventive asset annotation, with the trial suspended […]

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Key Points —São Paulo’s 2025 Agricultural Production Value (VPA) reached R$174.6 billion (US$35.5 billion) according to the May 2026 final IEA-Apta release, with the preliminary January reading at R$171.61 billion and real growth of 0.55% versus 2024. —Beef cattle led the ranking with R$22.64 billion (US$4.60 billion) and a 20.76% annual gain on production +12.94% […]

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Key Points —Latin American oil production will surpass 8.8 million barrels per day in 2026, driving the bulk of growth outside OPEC+ on the back of more than 700,000 bpd added by Brazil, Guyana and Argentina, according to Rystad Energy analysis. —Brazil leads the regional expansion with output above 4.2 million bpd, sustained by the […]

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Petrobras (B3: PETR4 / NYSE: PBR), Brazil’s state-controlled integrated oil major, reported Q1 2026 net income of R$32.7 billion (US$6.47 billion at R$5.05), falling 7.2 percent year-on-year but jumping 109.9 percent from a depressed Q4 2025 result. The profit beat the Bloomberg consensus of R$30.68 billion by 6.5 percent, according to the company’s filing released […]

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The Rio Times — USA & Canada Pulse Issue Nº 22 · ~3,800 words · 14 minute read Today’s USA & Canada intelligence brief opens with the S&P 500 topping 7,300 for the first time ever Friday and capping a six-week winning streak — the Roundhill Memory ETF (DRAM) soared nearly 30 percent in the […]

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