Latam Insights Encore: Trump’s Secondary Tariff Strategy Against Venezuela: Killing a Fly With a Nuke

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the Trump administration’s newfound secondary tariff strategy and its application against Venezuela might inflict lots of collateral damage. Latam Insights Encore: Trump’s Secondary Tariff Strategy Lacks Finesse, Involves Millions The … Read more

Venezuelan Bolivar Plunges After Secondary Crude Tariff Regime Announcement

The Venezuelan bolivar accelerated its loss against the U.S. dollar as the government faced dollar shortages amid an economic trade war. The Trump administration’s secondary trade tariff regime on Venezuelan crude is starving the country of foreign currency to inject into the national market, driving these imbalances. Secondary Tariff Announcement Prompts Steep Venezuelan Bolivar Drop … Read more

US May Lift Russian Sanctions if Ukraine Talks Progress, Expert Says

The U.S. may lift sanctions on Russia if Ukraine negotiations progress, an expert says, as the Trump administration commits to immediate diplomatic talks amid shifting global economic alliances. Potential US Sanctions Relief on Russia Amid Ukraine Negotiations The United States may ease sanctions on Russia if diplomatic efforts over Ukraine make substantial progress, according to … Read more

Crypto Platform Deribit Bars Russian Nationals Due to EU Sanctions

Deribit said that starting Feb. 17, Russian accounts will switch to “reduce-only” mode, and all positions will be forcibly closed by March 29, although withdrawals will remain open. Withdrawals to Remain Open Deribit, a cryptocurrency derivatives platform, announced Feb. 5 that European Union (EU) sanctions on Russia have forced it to exit the country. According … Read more

Hungary Threatens to Block EU Sanctions on Russia, Citing 19 Billion Euros in Losses

Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s Russia Sanctions at Risk—Hungary Says Economic Damage Is Too High Hungary is prepared to block any further extension of European Union sanctions against Russia if … Read more

EU Bleeds €1.5 Trillion Under Anti-Russian Sanctions, Report

Russian Deputy Foreign Minister Alexander Grushko has claimed that the European Union has suffered financial losses exceeding €1.5 trillion (approximately $1.58 trillion) due to sanctions imposed on Russia. Speaking in Moscow, Grushko described these sanctions as a “self-destructive” policy, criticizing the EU for making what he termed a costly political decision. He highlighted that these … Read more

China Prepares for Western Sanctions With Russia’s Economic Blueprint

China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign reserve diversification to sanctions evasion tactics like shadow fleets and alternate trade routes. Chinese … Read more