EU and Mexico Seal Landmark Deal to Remove Tariffs on 99% of Trade

by Paul Brown | May 22, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

The European Union and Mexico have signed a modernised trade agreement that will remove tariffs on 99% of goods exchanged between the two economies. The pact updates the original EU–Mexico agreement from 2000 and is designed to strengthen trade ties, simplify customs...

Major US and European Investment Banks Eye US$2 Billion Loan for Petroperú

by Paul Brown | May 15, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

Five investment banks from the US and Europe have reportedly expressed strong interest in helping finance a US$2 billion loan package for Peru’s state-owned oil company, Petroperú, according to Peru’s investment promotion agency, Proinversión. The funds are intended...

Brazil Pushes Back as EU Plans to Block Animal Product Imports

by Paul Brown | May 13, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

Brazil’s government is preparing a diplomatic response after the European Union decided to suspend imports of several Brazilian animal products from September 2026. The ban is expected to affect beef, poultry, eggs, honey and other animal-derived goods. Brazilian...

Panama Targets EU Blacklist Removal with Proposed 15% Tax on Inactive Multinationals

by Paul Brown | May 8, 2026 | Hispano-Luso Report, Hispano-Luso Report ES

Panama’s government is pushing forward legislation that would impose a 15% tax on the gross income generated in the country by multinational companies that cannot demonstrate genuine economic activity there. The proposal forms part of Panama’s effort to be removed...

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...