AGP Executive Report
Last update: 6 hours agoPrivacy Crackdown: Brazil’s privacy regulator fined TikTok owner ByteDance about $29.9m (153.7m reais) and ordered deletion of minors’ data, as regulators push harder on how platforms process children’s information. Energy & Trade: U.S. crude imports from Iraq hit zero for the week, while Canada stayed the top supplier to American refiners; Brazil still shipped about 348,000 bpd. Geopolitics & Oil: A former U.S. security official said China is the key test of Washington’s “economic war” on Iran, pointing to reduced Chinese Iranian oil imports and shifting purchases toward Brazil and others. Brazil in Global Business: Qatar Chamber took part in the Arab-Brazilian Economic Forum in São Paulo, highlighting cooperation on food security, agribusiness and fertilizer supply resilience. Mining Deal: Boliden agreed to buy Votorantim’s controlling stake in Nexa Resources for about $1.31bn, boosting exposure to zinc and silver with assets in Brazil and Peru.
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