Latin America

Nubank released record results for the first quarter of 2026 on Thursday, with revenue above US$5 billion and net profit of US$871 million.

11. toukokuuta 2026 Raportoinut AI

President Lula met Michelle Bachelet on Monday (11) and is discussing financial support for her UN secretary-general bid. Brazil and Mexico maintain backing after Chile withdrew endorsement.

President Donald Trump unveiled the Shield of the Americas at a summit in Miami, forming a military coalition with conservative Latin American leaders to fight drug cartels using U.S. military power. Mexico and Colombia were excluded, raising concerns over regional sovereignty. President Claudia Sheinbaum rejected any foreign military intervention in Mexican territory.

11. maaliskuuta 2026 Raportoinut AI

Nu holdings reported a net profit of us$2.9 billion for all of 2025, marking a 51% increase from the previous year. Total revenues reached us$16.3 billion, up 45% year-over-year. The company added 17 million new customers, reaching a total of 131 million.

In a Daily Wire opinion column, Steve Forbes argues that President Javier Milei’s economic program in Argentina amounts to a “restoration of economic freedom” after decades of state intervention, but says the reform push will be tested by Milei’s plans for dollarization, investor outreach events in Miami and New York, and how Argentina handles high-stakes legal disputes tied to the 2012 YPF nationalization.

07. maaliskuuta 2026 Raportoinut AI

U.S. President Donald Trump convened the Shield of the Americas summit in Miami for allied Latin American leaders, but excluded Mexico, Brazil, and Colombia due to ideological differences. The event aims to strengthen cooperation on security, migration, and organized crime. It will take place on March 7 at a resort owned by Trump.