Colombia’s pension industry association Asofondos warned this week that Decree 415 of 2026 will force private pension funds (AFP) to transfer COP$5 trillion (US$1.3 billion) to state-run Colpensiones by May 14, creating fiscal risk and a potential precedent for moving the country’s COP$500 trillion (US$129 billion) private pension pool. The decree originally ordered COP$25 trillion […]

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The best Caribbean festivals 2026 are far more than music events: they reflect the history, culture, and identity of each island, with roots in post-emancipation traditions dating to 1834 or in older harvest celebrations. Five stand out this year, from Carriacou Maroon (April 24-26) to Saint Lucia Jazz (April 30-May 10), Aruba Soul Beach (May […]

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Barranquilla-based Tecnoglass (NYSE: TGLS), Latin America’s largest architectural-glass transformer and the second-largest glass fabricator serving the US, reported record Q1 2026 revenue of US$249 million on May 7, up 12.0% year on year and beating Wall Street consensus of US$242.5 million. Adjusted EBITDA reached US$61.55 million (24.7% margin) while adjusted EPS of US$0.78 beat consensus […]

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Brazilian fashion retailer Riachuelo (RIAA3) reported R$5 million (US$1 million) in net profit for Q1 2026, reversing the R$45.9 million (US$9.3 million) net loss recorded in Q1 2025 and breaking a six-year streak of first-quarter losses for the company also known as Guararapes. Net revenue rose 6.7% to R$2.32 billion (US$471M) and consolidated EBITDA grew […]

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Guatemalan president Bernardo Arévalo on May 5, 2026 named career judge Gabriel Estuardo García Luna as new prosecutor general (Fiscal General) and head of the Ministerio Público for the 2026-2030 term, ending the sanctioned 8-year tenure of Consuelo Porras Argueta who is set to step down on May 16. García Luna, 49, scored 72.21 points […]

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The Rio Times — Europe Pulse Issue Nº 16 · ~3,400 words · 12 minute read United Kingdom polls open today Thursday May 7, 2026 across 5,066 English councillor seats on 136 local authorities, alongside devolved elections to the Scottish Parliament and the Senedd in Wales. The Pentagon announced Friday May 1 the withdrawal of […]

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Dominican Republic foreign direct investment reached US$1,536.7 million in the first quarter of 2026, up US$92.2 million or 6.4% year on year, according to preliminary data from the Banco Central de la República Dominicana (BCRD) published May 4. The Q1 print extends a five-year run that closed 2025 at a record US$5,032.3 million (+11.3%) and […]

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Toronto-based Sherritt International Corp, one of Cuba’s largest foreign investors with a nickel and cobalt joint venture at Moa in eastern Cuba, said on May 5 it is consulting advisers and stakeholders to evaluate its Cuban business after President Donald Trump signed an executive order on May 1 expanding US sanctions to cover energy, defense, […]

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Enter, a São Paulo-based legal-AI startup founded in 2023, tripled its valuation to US$1.2 billion (R$5.9 billion) in a Series B round announced May 5 that raised over US$100 million led by Peter Thiel’s Founders Fund with participation from Sequoia Capital, Ribbit Capital, Atlantico, ONEVC, and Kaszek. The deal makes Enter Latin America’s first AI […]

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Colombia registered the largest fiscal deterioration in Latin America in 2025 with a primary deficit at 3.6% of GDP, according to the CEPAL “Panorama Fiscal de América Latina y el Caribe 2026” report published this week. The Andean nation moved 1.2 percentage points in the wrong direction while regional peers improved their primary balances, with […]

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