AGP Executive Report
Last update: 4 hours agoBanking Fallout: Paraguay has asked the US, Luxembourg and Argentina to help trace funds missing after Ueno Bank’s collapse and freeze crypto assets. Nearly 3 million customers lost access to accounts; payouts may use about $928 million of the $1.6 billion deposit guarantee fund, putting its replenishment in focus. Jobs: Unemployment fell to a record 4.1% in the third quarter, with 66,000 more people employed than a year earlier; growth was led by commerce, restaurants and hotels. Investor Confidence: Brazilian companies report no direct disruption so far, but warn that restoring payment flows and confidence will shape the fallout from the crisis. Forestry: Paracel’s proposed $5 billion eucalyptus and pulp project could create 7,000 jobs, but plantations near an Indigenous community have raised concerns over land, water and livelihoods. Agriculture: Paraguayan poultry export revenue rose 76% in the first ten months of 2026, according to figures cited in recent coverage.
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