☀ Domingo Brief — Happy Times for Uruguayan FDI

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

Welcome back to the Domingo Brief! This week, it’s all about Bolivia’s new infrastructure loan, El Salvador’s airport growth, Ecuador’s new agribusiness initiative, and more.

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Trivia of the Week

Okay, given 87% of you guessed correctly, it’s clear you guys are following the news some. Yes, Mexico (along with Nicaragua) suspended diplomatic relations with Ecuador following the latter country’s storming of the Mexican embassy in Quito to arrest former vice president Jorge Glas. The move was met with widespread condemnation across Latin America, as well as the prospects of an International Court of Justice case against Ecuador for breaching international law. Domestically, however, it was popular among many Ecuadorean citizens and may have played to President Daniel Noboa’s base.

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

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🇦🇷 Argentina is set to revolutionize its public transportation payment system by allowing payments with credit cards and smartphones. This move will end the dominance of the SUBE card and could potentially enhance convenience for millions of commuters by creating more options through which to pay.

Latinometrics: This is just the latest in a series of moves by President Javier Milei to greatly liberalize and open up Argentina’s economy. While smaller than other announced policies such as the privatization of major state-owned enterprises, it reflects the new administration’s approach to reevaluating all policies passed in the last 15 or so years.