☀ Domingo Brief — Costa Rica’s Investment Summit

Each Sunday, take two minutes to catch key stories and opportunities shaping Latin America.

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Welcome back to the Domingo Brief! This week, we’re keeping up with stock market rumblings in Rio, Audi in Puebla, and more.

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Trivia of the Week

Just a fifth of you (20%) correctly guessed that Holambra, Brazil is the biggest flower producer in Latin America. The small town, located in the state of São Paulo, was founded by Dutch immigrants in the 1940s—its name is even a portmanteau of Holland, America, and Brazil. It also hosts the Expoflora, Latin America’s largest spring event.

Each week, tune back in for the answer to the previous week’s trivia question. No cheating!

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🇦🇷 Argentina’s soybean harvest has reached 96% of the country’s suitable area. The national average yield is over 3K kilos per hectare, while the production estimate stood at 50.5M tons. Soy is a key export for Argentina, but its production has been hurt by drought in recent years.

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🇧🇷 Rio de Janeiro might be getting its stock exchange back? That’s the word on the street after Eduardo Paes, the mayor of Brazil’s second-largest city, sent a tax code amendment bill to the city council with the intention of facilitating the recreation of the Rio de Janeiro Stock Exchange. The exchange, which was founded in 1820 and served as South America’s most important exchange until being surpassed by São Paulo’s Bovespa in the 1970s, previously shut down in the late 1990s.