☀ Domingo Brief — Aena in Brazil, Amazon in Mexico City, & Argentinean oil rates
Each Sunday, take two minutes to catch key stories and opportunities shaping Latin America.
Welcome back to the Domingo Brief! This week, we’re following Aena’s big airport move in Brazil, Amazon’s new massive Mexico City warehouse, Google’s new office in El Salvador, and more!
Trivia of the Week
More than half of you correctly said Gustavo Petro was the sitting Latin American president who was once a member of a guerrilla rebel group (though former presidents José Mujica & Dilma Rousseff did as well). Petro was a member of the M-19 rebel group, which demobilized near the end of the 20th century before integrating into the country’s political scene.
Each week, tune back in for the answer to the previous week’s trivia question. No cheating!
🇦🇷 Argentina is allowing the national oil sector to tap a more favorable exchange rate for the next 2 months, aiming to protect the industry somewhat during a nationwide economic slump characterized by inflation over 124% and dwindling foreign reserves.
🇧🇷 Spanish airport operator Aena has been awarded management for 11 Brazilian airports, including the country’s 2nd-busiest, Congonhas-São Paulo Airport. The company is expected to start operating the airports over the next two months, having paid roughly $490M in its bid and having committed $1.15B in investments over the next 30 years.
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