Latin America
Rice tender delay may push up food prices in Brazil
The government has cancelled a tender to buy imported rice over purported "weaknesses" in the process
BrazilOil demand forecasts vary widely due to uncertainties
The oil demand forecasts from OPEC, the IEA and the EIA are increasingly diverging
InternationalEcuador IMF deal will stoke sociopolitical tensions
A new IMF deal looks set to bring opportunities and risks for the president
EcuadorSheinbaum will struggle to ease Mexico reform concerns
Mexico’s new Congress looks set to vote on constitutional reforms before the president-elect takes office
MexicoRussia will seek to use BRICS to mitigate sanctions
Russia has proposed a new mechanism for cross-border payments among BRICS countries and their partners
RussiaCarbon pricing will grow, but slowly and unevenly
Nearly 50 countries have carbon pricing schemes and USD500bn has been raised in revenue, USD104bn last year alone
InternationalMaintaining Brazil growth will remain a key challenge
GDP performed better than expected in the first quarter, though floods may dampen performance in the second
BrazilIsrael move may harm Colombia’s coal sector
Colombia’s president is taking a strong stance on Israel, but that will likely come at a cost
Colombia
