☀ Domingo Brief — Housing in Brazil, Bolivian telecoms, & US-Mexico trade

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 taking a look at IDB loans to Brazil, a surge in US-Mexican trade, the start of an important ceasefire in Colombia, & more!

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Trivia of the Week

Over 6 out of 10 of you (64%) correctly guessed Nubank as the world’s largest digital bank—and we’re glad! The company recently passed 85M clients in Latin America, and we’re betting it won’t be long before they reach 100M.

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

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🇧🇴 Bolivian telecoms/transportation watchdog ATT will receive a electromagnetic spectrum monitoring system from Piesat. The Chinese satellite service provider will provide communications, navigation, and remote sensing through over 50 satellites in a $22.4M project estimated to be delivered by the end of August next year.

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🇧🇷 Brazil has received a loan of $54.5M from the Inter-American Development Bank (IDB) in order to launch new housing strategies and models for low-income residents. As part of a larger $600M credit line from the IDB, Latin America’s largest multilateral development bank, Brazil will seek to tackle the problem of more than 30M households in Brazil (in 2019) living in substandard housing.