Latest Reporting by Rio Times — Business
16 Stories IndexedMedellín Starts Water Rationing as El Niño Drains Reservoirs
Medellín has initiated water rationing due to declining reservoir levels in the Aburrá Valley caused by the El Niño weather pattern. Utility provider EPM warns that these service cuts could potentially persist until 2027 if dry conditions continue. Additionally, a nationwide energy-saving initiative has been launched because the country's hydroelectric dams supply both power and water.
The water rationing and new energy-saving measures directly threaten both daily municipal supplies and national power generation across Colombia.
Gold & Silver Daily Wrap — Monday, August 31, 2026
Gold prices declined on Monday due to a strengthening US dollar and rising expectations for higher interest rates. Meanwhile, silver experienced a slight increase, with production dynamics in Mexico and Peru remaining central to the overall supply landscape.
Ecopetrol Leadership Changes Reach Two More Vice Presidencies Before Board Vote
COLOMBIA · ENERGY Key Facts —What happened: Ecopetrol changed two more top jobs on 31 August. Sergio Andrés Moreno Acevedo left the Corporate Vice Presidency of Science, Technology and Innovation, and the board formalised a new acting head of the Executive Vice Presidency of Transition Energies. —Who steps in: Diana Marcela Acero Rojas, previously innovation […] The post Ecopetrol Leadership Changes Reach Two More Vice Presidencies Before Board Vote appeared first on The Rio Times.
IMF Chief Hails ‘Impressive’ Argentina Economic Turnaround at G20
ARGENTINA · ECONOMIC TURNAROUND Key Facts —The praise: IMF Managing Director Kristalina Georgieva met Argentina’s Economy Minister Luis Caputo at the G20 finance summit in Asheville, North Carolina, and praised what she called Argentina’s “impressive economic turnaround, the result of good policies and solid implementation”. —The pitch: Caputo used a panel on global growth to […] The post IMF Chief Hails ‘Impressive’ Argentina Economic Turnaround at G20 appeared first on The Rio Times.
Colombia Markets: COLCAP & the Peso — September 1, 2026
Colombia's COLCAP index fell 1.33% to 2,425 while the peso weakened 1.81% to 3,219 per dollar as oil and global caution weighed. The post Colombia Markets: COLCAP & the Peso — September 1, 2026 appeared first on The Rio Times.
Peru El Niño Emergency: Cabinet Weighs Decree for 22 Regions as Fiscal Savings Hit 25-Year Low
Peru's cabinet is weighing a state of emergency in 22 regions over El Niño rains, as the Fiscal Council warns public savings are at their lowest in about 25 years. The post Peru El Niño Emergency: Cabinet Weighs Decree for 22 Regions as Fiscal Savings Hit 25-Year Low appeared first on The Rio Times.
Argentina Markets: Merval & the Peso — September 1, 2026
Merval climbs 1.83% to 3,033,848 as bank stocks lead a steadier peso and bond session. Argentina's country risk holds at 512 points. The post Argentina Markets: Merval & the Peso — September 1, 2026 appeared first on The Rio Times.
Colombia Country Risk Jumps to 142 Points After 2027 Budget Lands
COLOMBIA · ECONOMY Key Facts —The market signal: Colombia country risk jumped to 142 basis points after the government published its 2027 budget. —The gas cliff: Proven gas reserves cover less than six years of consumption. Without new exploration, Colombia would import 98 percent of its gas by 2045. —The industry’s pitch: Oil and gas […] The post Colombia Country Risk Jumps to 142 Points After 2027 Budget Lands appeared first on The Rio Times.
What to Do in Rio in September 2026: Rock in Rio, the First Semana de Arte and Nine Free Things
Rock in Rio across seven nights, a national holiday that closes Centro, the city’s first Semana de Arte, opera at the Municipal and nine things in Rio in September that cost nothing. The post What to Do in Rio in September 2026: Rock in Rio, the First Semana de Arte and Nine Free Things appeared first on The Rio Times.
White House Publishes Venezuela Oil Deal Terms as Trump Says Exxon Is Going In
VENEZUELA · ENERGY Key Facts —The terms: A White House fact sheet published late Monday lays out the Venezuela oil deal terms: private firm North American Blue Energy Partners (NABEP) gets a 100-year lease on 17 oilfields holding about 65 billion barrels of reserves. —The US stake: The United States takes a 35 percent equity […] The post White House Publishes Venezuela Oil Deal Terms as Trump Says Exxon Is Going In appeared first on The Rio Times.
Brazil Gross Debt Hits 82.5% of GDP in July, Highest Since 2021
Brazil's gross public debt rose to 82.5 percent of GDP in July, or R$10.9 trillion (US$2.1 trillion), the highest since April 2021. A R$1.4 billion primary surplus was dwarfed by R$98.963 billion of interest, leaving a nominal deficit of R$97.6 billion (US$18.8 billion). The post Brazil Gross Debt Hits 82.5% of GDP in July, Highest Since 2021 appeared first on The Rio Times.
Nicaragua: OAS Chief Calls for More Pressure Before 21 September Vote
OAS secretary general Albert Ramdin has urged member states to raise pressure on Nicaragua, with economic measures and flight restrictions, ahead of the 21 September electoral-reform vote. The post Nicaragua: OAS Chief Calls for More Pressure Before 21 September Vote appeared first on The Rio Times.
Brazil and US Met on Tariffs, Expect No Deal, and BTG’s Esteves Saw Trump
Brazilian and US officials met on the 50% tariff dispute and Brasilia says no deal is expected now. Separately, BTG Pactual chairman Andre Esteves met Donald Trump in the United States. The post Brazil and US Met on Tariffs, Expect No Deal, and BTG’s Esteves Saw Trump appeared first on The Rio Times.
Brazil’s Natura Jumps as Alessandro Carlucci Returns as CEO After Twelve Years
Natura shares jumped 7.67% on Monday as the Brazilian cosmetics group named Alessandro Carlucci, its chief executive from 2005 to 2014, to replace João Paulo Ferreira from 1 October. The post Brazil’s Natura Jumps as Alessandro Carlucci Returns as CEO After Twelve Years appeared first on The Rio Times.
Argentina Peso: Rate Cuts Change the Maths for Savers
Argentina's central bank has stopped defending 1,500 pesos per dollar and is letting peso rates fall, rewriting the maths for time deposits and Lecap treasury bills. The post Argentina Peso: Rate Cuts Change the Maths for Savers appeared first on The Rio Times.
LatAm Expat & Nomad Daily Guide for Sunday, August 30, 2026
The Short Version In short: Your LatAm expat and nomad daily guide for Sunday, August 30. American Airlines relaunches Miami–Caracas on Thursday with two daily flights — the deepest US–Venezuela connectivity in a decade, under a Level 3 travel advisory. The Warsh repricing holds all weekend: Colombia’s TRM fixing stays at 3,202.79 through Monday, Brazil’s […] The post LatAm Expat & Nomad Daily Guide for Sunday, August 30, 2026 appeared first on The Rio Times.