Venezuelan bonds surge after US move to facilitate debt restructuring

by Paul Brown | May 6, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

Venezuelan sovereign and PDVSA bonds have surged after the US Treasury authorised the country to hire specialist legal and financial advisers for a potential debt restructuring process. The move is seen as a significant step towards formal negotiations with creditors...

Revolut increases its Mexico investment to US$167 million

by Paul Brown | May 5, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

Revolut has increased its total investment in Mexico to US$167 million, reinforcing its commitment to expanding in one of Latin America’s largest financial markets. The latest capital injection—around US$64 million—was channelled into its Mexican subsidiary to...

Mercosur trade deal strongly disliked by Canadian beef producers

by Paul Brown | May 5, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

Canadian beef producers are alarmed by the government’s pursuit of a free trade agreement with Mercosur, the South American trading bloc comprising Argentina, Brazil, Paraguay, and Uruguay. The president of the Canadian Cattlemen’s Association (CCA), Tyler...

Bank of Spain sees EU–Mercosur trade agreement benefitting Mercosur countries to greater extent

by Paul Brown | Apr 29, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

Bank of Spain believes the EU–Mercosur trade agreement will deliver greater overall benefits for Mercosur countries than for the European Union, although both sides stand to gain. According to the Bank, the deal—after more than 25 years of negotiations—will eliminate...

Abra Group claims American Airlines interested in gaining control of Azul

by Paul Brown | Apr 29, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

Abra Group—the parent company of major carriers like Avianca and Gol—has claimed that American Airlines is interested in gaining control of Azul, signalling a potentially significant shift in Brazil’s aviation market. According to Abra, American Airlines’ involvement...

Grupo México and BlackRock agree to merge their electricity generation assets in Mexico for major new private energy platform

by Paul Brown | Apr 28, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

Grupo México and BlackRock (through its infrastructure arm Global Infrastructure Partners) have agreed to merge their electricity generation assets in Mexico to create a major new private energy platform. The deal combines Grupo México’s infrastructure division with...