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    <description>Geopolitical and market intelligence</description>
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    <lastBuildDate>Tue, 18 Aug 2026 20:35:21 GMT</lastBuildDate>
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      <title>Colombia must finance up to 2% of GDP in reconstruction with a deficit that is already 8%</title>
      <link>https://meridiandatum.com/en/analise/colombia-earthquake-reconstruction-fiscal-deficit</link>
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      <description>The magnitude 7.4 earthquake of 10 August hit 448 municipalities across 15 departments and halted operations at Buenaventura, the port that handles a fifth of Colombian port cargo. Reconstruction is estimated at 1% to 2% of GDP — between US$ 6.4 and US$ 12.7 billion — and falls on a state already running a deficit close to 8% of GDP.</description>
      <pubDate>Tue, 18 Aug 2026 20:35:21 GMT</pubDate>
      <author>meridiandatum</author>
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      <title>Peru answers the diesel spike with 4 soles a gallon, and the sharpest price pressure sits where the subsidy does not reach</title>
      <link>https://meridiandatum.com/en/analise/peru-diesel-subsidy-reach-inflation</link>
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      <description>Emergency Decree 007-2026 assigns up to 105 million Peruvian soles — around 31 million dollars — to a subsidy of 4 soles per gallon of diesel for authorized passenger and freight transport, over three months. Annual inflation reached 4.07% in July, the fifth straight month above the central bank's target, and the country's steepest rise is in Puerto Maldonado, in the Amazon, at 7.96%.</description>
      <pubDate>Tue, 18 Aug 2026 20:33:45 GMT</pubDate>
      <author>meridiandatum</author>
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      <title>Brazil invokes reciprocity with 15.8% of its trade exposed to the US — and 30.6% to China</title>
      <link>https://meridiandatum.com/en/analise/brazil-reciprocity-us-tariffs-trade-exposure</link>
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      <description>On 13 August the Brazilian government opened proceedings under its Economic Reciprocity Law against the American tariffs. The practical decision, however, may take up to nine months and fall to the next government — and Brazil is retaliating with 15.75% of its total trade exposed to the United States, against 30.64% with China.</description>
      <pubDate>Tue, 18 Aug 2026 19:03:50 GMT</pubDate>
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