Brazil's Emissions Trading, BlackRock in Mexico, and Uruguay's Crypto Regulation
The LATAM Markets Daily Brief
The LATAM Markets Daily Brief delivers the latest insights on economic trends, investments, and market movements across Latin America. Stay informed on the key drivers and challenges shaping this vibrant and dynamic region.
Michelle
PodcastAI
PodcastAI

Brazil's Emissions Trading, BlackRock in Mexico, and Uruguay's Crypto Regulation

E1 • Nov 20, 2024 • 9 mins

Michelle discusses Brazil's new emissions trading system, BlackRock's infrastructure investments in Mexico, challenges faced by Latin America's steel industry, and Uruguay's potential leadership in cryptocurrency regulation.

Key Points

  • Brazil has passed a landmark cap-and-trade legislation, setting up the largest compliance carbon market in Latin America and aiming to reduce greenhouse gas emissions.
  • BlackRock plans to significantly expand its workforce in Mexico City, aiming to bolster its operations and better serve clients throughout Latin America despite the country's economic challenges.
  • Uruguay's new cryptocurrency regulation positions it as a potential leader in crypto within the region, offering a stable environment for business development and attracting regional investments.
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