AGP Executive Report
Last update: 10 hours agoColombia Inflation Watch: Colombia’s August consumer prices rose 0.39%, lifting annual inflation to 6.24%—above forecasts and still far above the central bank’s 3% target—while President Abelardo de la Espriella’s new right-wing government tries to stabilize finances and build a coalition in Congress. US-Led Diplomacy: U.S. Secretary of State Marco Rubio is set to visit Colombia, Ecuador and Peru to deepen cooperation on earthquake response and counter–narcoterrorism, reflecting a broader rightward shift in the region. Venezuela Oil Push: Chevron announced a $7B, five-year plan to double output in Venezuela to about 600,000 bpd, while GeoPark and Eni also signed long-term PDVSA deals—moves that signal Washington’s push to reopen Venezuela’s oil sector despite political and legal uncertainty. Caribbean Governance & Justice: St. Vincent and the Grenadines hosted a regional workshop on modernizing public financial management with AI, and Jamaica unveiled investments to modernize justice and correctional systems. Venezuela Earthquake Recovery Politics: Venezuelan officials say demolitions and rebuilding efforts in La Guaira continue 75 days after the June 24 double earthquake, while critics argue reconstruction policy and funding remain unclear. Falklands/Malvinas Flashpoint: Argentina escalated sanctions threats tied to Falklands oil activity, as Israel’s far-right security minister urged recognition of the islands as Argentine territory under occupation. Regional Public Safety: Jamaica opened a dedicated medical unit inside Bordelais Correctional Facility to expand inmate healthcare, and Antigua and Barbuda moved to broaden access to its sex offenders registry, including names and photos.
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