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Tuesday, 25 August 2026 Reading Room

Finance & Markets

China Defends Cooperation With Iran Amid US Warnings | Opening Trade 8/25/2026

Beijing threatened to retaliate against the US and signaled it won’t back away from its cooperation with Iran after the Trump administration’s latest sanctions targeted businesses in China and Hong Kong. Bessent unveiled dozens of new sanctions on entities, individuals and vessels, but the main thrust of a high-profile press conference was threatening so-called secondary sanctions against…

bloomberg.com ·

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IDB and Japan Expand Latin America Financing to US$14 Billion

The IDB Group and Japan announced an expanded cooperation package on 24 August 2026, bringing total financing potential to US$14 billion for Latin America and the Caribbean.

  • IDB and Japan announce US$14 billion financing expansion for Latin America
  • Japan International Cooperation Agency CORE facility increases by US$5 billion
  • Japan Resilience Initiative grants US$30 million for project support

·riotimesonline.com

Dominican Republic Growth to Outpace Latin America, ECLAC Says

ECLAC projects Dominican Republic growth will hit 4.0% in 2026 and 4.4% in 2027, outpacing Latin America. A telecom watchdog adds that 62% of the sector depends on Chinese brands.

  • Dominican Republic's economy to outpace Latin America by 4.0% in 2026
  • Growth attributed to domestic demand, investment, tourism, construction
  • 62% of telecom sector relies on Chinese brands, raising diversification concerns

·riotimesonline.com

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