{"id":2645,"date":"2026-05-07T18:26:36","date_gmt":"2026-05-08T00:26:36","guid":{"rendered":"https:\/\/acertiqa.com\/blog\/?page_id=2645"},"modified":"2026-05-11T08:01:21","modified_gmt":"2026-05-11T14:01:21","slug":"o-paradoxo-da-america-latina-como-o-caos-global-virou-tese-de-investimento","status":"publish","type":"page","link":"https:\/\/acertiqa.com\/blog\/o-paradoxo-da-america-latina-como-o-caos-global-virou-tese-de-investimento\/","title":{"rendered":"O paradoxo da Am\u00e9rica Latina: como o caos global virou tese de investimento"},"content":{"rendered":"\t\t
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O paradoxo da Am\u00e9rica Latina: como o caos global virou tese de investimento <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Mercosul\u2013UE em vigor, USMCA em revis\u00e3o, capital chegando. O que empresas B2B tech precisam entender em 2026 e por que a janela de entrada n\u00e3o \u00e9 mais sobre “se”, mas sobre “com que intelig\u00eancia”.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Mercado Latam | Maio 2026 | 9 minutos de leitura<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Depois de 25 anos de negocia\u00e7\u00f5es intermitentes, o Acordo Comercial Provis\u00f3rio entre Mercosul e Uni\u00e3o Europeia<\/strong><\/span>\u00b9 <\/b>entrou em vigor no \u00faltimo m\u00eas de abril. O bloco passa a conectar mais de 700 milh\u00f5es de pessoas <\/b>e um PIB combinado de cerca de US$ 22 trilh\u00f5es<\/b>, com elimina\u00e7\u00e3o progressiva de tarifas sobre 95% dos bens exportados pelo Mercosul. No primeiro trimestre de 2026, a regi\u00e3o registrou cerca de US$ 27 bilh\u00f5es<\/b> em deals de M&A, private equity e venture capital<\/b><\/span>\u00b2<\/b><\/span>, opera\u00e7\u00f5es maiores em volume, menos pulverizadas e com perfil mais institucional do que especulativo. <\/span><\/p>\n

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As transa\u00e7\u00f5es em destaque<\/b><\/span>\u00b3<\/b><\/span> incluem: a aquisi\u00e7\u00e3o da Linx pela TOTVS no valor de R$ 3,05 bilh\u00f5es<\/span>. No M\u00e9xico, a aquisi\u00e7\u00e3o de 100% da Prolec GE por parte da GE Vernova, avaliada em US$ 5.275 milh\u00f5es. Na Argentina, a compra pela petrolera Vista Energy dos ativos da norueguesa Equinor na forma\u00e7\u00e3o Vaca Muerta (hidrocarbonetos n\u00e3o convencionais), por US$ 712 milh\u00f5es. No Chile, a venda do 100% da Movistar Chile (telecomunica\u00e7\u00f5es) pela Telef\u00f3nica (Espanha) para uma joint venture entre Milicom e NJJ Holding, no valor de US$ 806 milh\u00f5es. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Esse movimento n\u00e3o acontece no vazio<\/b>. Morgan Stanley publicou um\u00a0<\/span>bull case<\/a>\u00a0<\/i>prevendo que os mercados de capitais latino-americanos quase tripliquem at\u00e9 2035 (de US$ 2,4 tri para US$ 6,3 tri), com alta de 90% no MSCI EM Latin America Index at\u00e9 2030. JP Morgan<\/a> destacou fluxos estrangeiros mais fortes para o Brasil em 2026, com ingressos recordes (R$ 7,3 bi no in\u00edcio do ano).<\/span><\/p>

\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Quanto pior o cen\u00e1rio global, mais atraente a Am\u00e9rica Latina se torna.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Oliver Stuenkel, professor da FGV<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Como observou Oliver Stuenkel, professor da FGV, “quanto pior o cen\u00e1rio global, mais atraente a Am\u00e9rica Latina se torna”\u2074. Em um momento em que a geopol\u00edtica deixou de ser ru\u00eddo de fundo para se tornar vari\u00e1vel central das decis\u00f5es econ\u00f4micas, a regi\u00e3o oferece algo raro: estabilidade relativa, recursos estrat\u00e9gicos e uma dist\u00e2ncia confort\u00e1vel dos principais focos de tens\u00e3o. Mas reduzir o momento da Am\u00e9rica Latina \u00e0 ideia de “porto seguro relativo” subestima o que est\u00e1 em curso. H\u00e1 tr\u00eas for\u00e7as globais convergindo simultaneamente, e a regi\u00e3o est\u00e1 no centro das tr\u00eas.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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OS N\u00daMEROS QUE REDESENHAM O MAPA<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A nova matem\u00e1tica regional, em tr\u00eas sinais<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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+700M<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Pessoas conectadas pelo bloco econ\u00f4mico ampliado.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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US$ 22T<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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PIB combinado Mercosul + Uni\u00e3o Europeia ap\u00f3s o acordo.<\/p>

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US$<\/span> 27B<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Volume de M&A, PE e VC na regi\u00e3o no Q1 2026.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Tr\u00eas for\u00e7as globais que convergem sobre a Am\u00e9rica Latina<\/span><\/font><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A leitura a seguir parte da an\u00e1lise da Aurelion Research\u00a0sobre o reposicionamento da regi\u00e3o. <\/span>Tr\u00eas for\u00e7as estruturais\u2075<\/b> explicam esse movimento. Cada uma delas tem consequ\u00eancias pr\u00e1ticas para quem est\u00e1 avaliando a entrada.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t

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JP Morgan<\/a> refor\u00e7a essa leitura: a conflu\u00eancia de transforma\u00e7\u00f5es estruturais internas e externas est\u00e1 criando uma janela distinta dos ciclos anteriores. A transi\u00e7\u00e3o global para economias digitais e verdes elevou o pr\u00eamio sobre minerais cr\u00edticos, energia e seguran\u00e7a alimentar, exatamente os ativos e setores em que a Am\u00e9rica Latina est\u00e1 excepcionalmente bem posicionada.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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N\u00e3o \u00e9 entusiasmo. <\/p>

\u00c9 tese de aloca\u00e7\u00e3o de capital.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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O Brasil em particular<\/span><\/font><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Dentro da equa\u00e7\u00e3o regional, o Brasil ocupa posi\u00e7\u00e3o de destaque. \u00c9 a maior economia de tecnologia da Am\u00e9rica Latina, com US$ 67,8 bilh\u00f5es em investimentos de TI\u2076\u00a0<\/b>em 2025\u00a0<\/span>(alta de 18,5% vs. 2024, acima da m\u00e9dia global de 14,1%). Concentra hoje quase 40% do mercado de TI latino-americano, com 22 unic\u00f3rnios e nove das doze startups latinas com maior probabilidade de atingir esse status em 2026.<\/span><\/p>

Em fevereiro de 2026, a Microsoft<\/a> anunciou um pacote de US$ 50 bilh\u00f5es para o Sul Global na pr\u00f3xima d\u00e9cada, com o Brasil entre os pa\u00edses priorit\u00e1rios. O governo federal mobiliza R$ 23 bilh\u00f5es no Plano Brasileiro de Intelig\u00eancia Artificial entre 2024 e 2028. O marco regulat\u00f3rio de IA, aprovado pelo Senado em dezembro de 2024, est\u00e1 em fase final de tramita\u00e7\u00e3o na C\u00e2mara dos Deputados. O pa\u00eds n\u00e3o \u00e9 mais apenas consumidor de tecnologia, est\u00e1 construindo as condi\u00e7\u00f5es para produzi-la.<\/b><\/p>

H\u00e1 tamb\u00e9m um diferencial menos \u00f3bvio: <\/b>a posi\u00e7\u00e3o diplom\u00e1tica brasileira. Apesar de ser a maior economia regional, o Brasil n\u00e3o \u00e9 percebido como amea\u00e7a militar pelos vizinhos, gra\u00e7as a uma tradi\u00e7\u00e3o hist\u00f3rica de resolu\u00e7\u00e3o pac\u00edfica de disputas e coopera\u00e7\u00f5es bilaterais. Pa\u00edses como Paraguai, Bol\u00edvia e Uruguai mant\u00eam gastos modestos em defesa (abaixo de 2% do PIB)\u2077, focados em desafios internos em vez de amea\u00e7as externas. \u00c9 uma raridade no sistema internacional e, para uma empresa que opera a partir do Brasil e serve mercados vizinhos, funciona como infraestrutura invis\u00edvel de alto valor.\u00a0<\/p>

O Cone Sul complementa o Brasil com for\u00e7as complementares. A Argentina\u00b3<\/b>, p\u00f3s-estabiliza\u00e7\u00e3o macroecon\u00f4mica, atraiu US$ 1,2 bi em private equity no Q1 2026 (alta de 45% vs. 2025), focando em agro e energia. O <\/span>Uruguai\u2078<\/b> se consolida como hub tech regional, com 15% do VC latino-americano e incentivos fiscais de at\u00e9 0% em IR para tech por 10 anos. J\u00e1 o <\/span>Paraguai\u2079<\/b> destaca-se com energia 98% renov\u00e1vel, ideal para data centers: Itaipu e Yguaz\u00fa garantem 14 GW abundantes. Entrar pelo Brasil \u00e9 a porta estrat\u00e9gica para esses ecossistemas adjacentes, sem barreiras geopol\u00edticas.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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O que pode complicar (ou redirecionar) o caminho<\/span><\/font><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Reconhecer a oportunidade n\u00e3o significa ignorar fric\u00e7\u00f5es. Em 2026, o principal risco \u00e9 uma bifurca\u00e7\u00e3o estrutural que pode separar a regi\u00e3o em dois corredores muito diferentes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t1. Corredor Mercosul\u2013UE\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h4>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\tCom o acordo em vigor provis\u00f3rio, melhora a previsibilidade, amplia-se o acesso ao mercado europeu e o Cone Sul se fortalece como rota mais integrada ao com\u00e9rcio global. Para empresas B2B tech, isso torna Brasil, Argentina, Uruguai e Paraguai mais atraentes como base regional.<\/span>\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t2. Corredor M\u00e9xico\u2013EUA\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h4>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\tA revis\u00e3o formal do USMCA em 1\u00ba de julho de 2026 pode aumentar a incerteza. O M\u00e9xico enfrenta press\u00e3o interna sobre previsibilidade institucional e, ao mesmo tempo, press\u00e3o externa dos EUA para limitar a presen\u00e7a indireta de capital, componentes e tecnologia chinesa via territ\u00f3rio mexicano. Mesmo com a manuten\u00e7\u00e3o do acordo, a expectativa de acordo com analistas \u00e9 de regras de origem mais r\u00edgidas, fiscaliza\u00e7\u00e3o mais intensa e menos toler\u00e2ncia a zonas cinzentas. O nearshoring<\/i> segue relevante, mas a opera\u00e7\u00e3o a partir do M\u00e9xico tende a ficar mais exigente.<\/span>\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t3. Stack tecnol\u00f3gico sob press\u00e3o\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h4>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\tCresce a exig\u00eancia para reduzir exposi\u00e7\u00e3o a tecnologia chinesa em telecom, cloud, hardware e infraestrutura cr\u00edtica. Em B2B, isso afeta contratos, auditorias e capta\u00e7\u00e3o.<\/span>\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t4. Elei\u00e7\u00e3o no Brasil\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h4>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\tA disputa de outubro \u00e9 provavelmente o fator de maior incerteza no curto prazo. Pode mover custo de capital, pol\u00edtica fiscal, regula\u00e7\u00e3o setorial e o ritmo de decis\u00e3o de M&A no segundo semestre. Para empresas em est\u00e1gio de avalia\u00e7\u00e3o ou negocia\u00e7\u00e3o, h\u00e1 um risco real de janela: contratos, an\u00fancios e aquisi\u00e7\u00f5es que dependem do segundo semestre tendem a ser empurrados para depois da defini\u00e7\u00e3o eleitoral, comprimindo calend\u00e1rios de execu\u00e7\u00e3o. <\/span>\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t5. Reforma tribut\u00e1ria brasileira\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h4>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\tA transi\u00e7\u00e3o at\u00e9 2033 adiciona complexidade ao planejamento. Quem opera com contratos plurianuais precisa modelar isso antes de fechar neg\u00f3cio. <\/span>\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Em resumo:<\/b> N\u00e3o \u00e9 um argumento para esperar. \u00c9 um argumento para entrar com mais preparo e um desenho de risco mais maduro.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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O que separa quem acerta de quem erra<\/span><\/font><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Na Acertiqa, vemos um padr\u00e3o recorrente: empresas que chegam \u00e0 Am\u00e9rica Latina tendem a errar nas mesmas duas dimens\u00f5es.<\/p>

A primeira \u00e9 tratar a regi\u00e3o como bloco uniforme. <\/b>Brasil, M\u00e9xico, Col\u00f4mbia e Argentina possuem l\u00f3gicas regulat\u00f3rias, ritmos de decis\u00e3o, gatilhos de confian\u00e7a e atalhos distintos. O playbook que destrava S\u00e3o Paulo n\u00e3o destrava Cidade do M\u00e9xico. Comprimi-lo numa \u00fanica estrat\u00e9gia regional desperdi\u00e7a capital em ciclos intermin\u00e1veis de tentativa e erro.<\/p>

A segunda \u00e9 n\u00e3o calibrar os tr\u00eas ritmos que est\u00e3o em jogo simultaneamente:<\/b><\/p>

  1. Capital financeiro <\/b>se move em semanas.<\/span><\/li>
  2. Mudan\u00e7as regulat\u00f3rias<\/b> levam meses para se materializar.<\/li>
  3. Presen\u00e7a operacional real <\/b>(gerentes locais experientes, redes de distribui\u00e7\u00e3o e rela\u00e7\u00f5es confi\u00e1veis) exige de 12 a 24 meses para amadurecer.<\/li><\/ol>
    Quem chega tarde a essa \u00faltima etapa encontra os melhores talentos j\u00e1 contratados, os parceiros j\u00e1 comprometidos e os ativos mais caros. O capital financeiro abre portas, mas n\u00e3o constr\u00f3i o neg\u00f3cio. Sem estrutura no lugar quando a chance surge, a empresa apenas assiste enquanto outros avan\u00e7am.<\/div>
    \u00a0<\/div>
    \u00c9 exatamente esse descompasso que o 4F Framework da Acertiqa<\/b> foi desenhado para resolver: Fit (mercado e produto certos para a regi\u00e3o), Focus (prioriza\u00e7\u00e3o clara de pa\u00eds, segmento e contas), Foresight (leitura antecipada de sinais regulat\u00f3rios, pol\u00edticos e competitivos) e Flow (execu\u00e7\u00e3o com ritmo e estrutura local). \u00c9 a diferen\u00e7a entre entender a regi\u00e3o e conseguir operar dentro dela.<\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    A quest\u00e3o n\u00e3o \u00e9 mais \"se\", mas \"com que intelig\u00eancia\"<\/span><\/font><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Quando o mundo fica mais inst\u00e1vel, ativos est\u00e1veis ficam mais valiosos. Quando as cadeias globais se fragmentam, proximidade e confian\u00e7a viram vantagem competitiva. Quando mercados tradicionais ficam saturados ou imprevis\u00edveis, mercados com espa\u00e7o real de crescimento ganham aten\u00e7\u00e3o e capital.<\/p>

    A Am\u00e9rica Latina n\u00e3o est\u00e1 ganhando relev\u00e2ncia apesar do cen\u00e1rio global. Est\u00e1 ganhando porque o cen\u00e1rio global finalmente deixou claro o que a regi\u00e3o sempre ofereceu.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    A pergunta para empresas B2B tech n\u00e3o \u00e9 mais se entrar na Am\u00e9rica Latina. \u00c9 com que intelig\u00eancia entrar \u2014 e em que ritmo.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t

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    Fontes:<\/span><\/p>

    1 <\/span><\/span>Minist\u00e9rio do Desenvolvimento, Ind\u00fastria, Com\u00e9rcio e Servi\u00e7os. (2026). Entrada em vigor do acordo provis\u00f3rio de com\u00e9rcio Mercosul\u2013Uni\u00e3o Europeia. gov.br\/mdic<\/a>
    2. <\/span><\/span>TTR DATA. (2026). Informe trimestral sobre el mercado transaccional latinoamericano \u2013 1T26. .    blog.ttrdata.com<\/a>
    <\/span><\/p>

    3 <\/span><\/span>TTR DATA. (2026). Informes trimestrais de los pa\u00edses latino americanos sobre el mercado transaccional latinoamericano \u2013 1T26 . .blog.ttrdata.com<\/a>
    <\/span>4 <\/span><\/span>Forbes Brasil. (2026, abril). Para investidores, quanto pior o cen\u00e1rio l\u00e1 fora, mais atraente a Am\u00e9rica Latina fica, afirma Oliver Stuenkel, professor da FGV.     forbes.com.br <\/a>
    <\/span>5 <\/span><\/span>Aurelion Research (2026). Latin America Primer: Why the Region.     aurelionresearch.substack.com<\/a>
    <\/span>6 <\/span><\/span>ABES. (2025). Brasil mant\u00e9m lideran\u00e7a em TI na Am\u00e9rica Latina, cresce acima da expectativa em 2025 mas desacelera ritmo de crescimento neste ano e consolida nova fase do mercado.     abes.org.br<\/a>
    <\/span>7 <\/span><\/span>DW Brasil (2026). Am\u00e9rica Latina gasta menos em armas do que o resto do mundo.     dw.com<\/a>
    <\/span>8 <\/span><\/span>Uruguay XXI (2026). “O Uruguai se tornou um hub de neg\u00f3cios para a Am\u00e9rica Latina\u201d.     uruguayxxi.gub.uy<\/a>
    <\/span>9 <\/span><\/span>Canal Energia. Renov\u00e1veis atingem 69% da matriz el\u00e9trica na Am\u00e9rica Latina e Caribe.     canalenergia.com.br<\/a>
    <\/span>10 <\/span><\/span>Reuters (2026). USTR Greer says US-Mexico-Canada pact talks may run past July 1 deadline.     canalenergia.com.br<\/a><\/span><\/p>

    \u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    Meet the Author<\/span><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    \"\"<\/figure>
    Daniela Santos<\/h5>

    HEAD OF PRODUCT MARKETING & GROWTH<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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    Internacionalista, atua em an\u00e1lise de mercado para expans\u00e3o internacional, product marketing intelligence e identifica\u00e7\u00e3o de oportunidades nos mercados globais e Latam, com foco na ind\u00fastria fintech. Combina a leitura macro das rela\u00e7\u00f5es internacionais (contexto regulat\u00f3rio, din\u00e2micas geopol\u00edticas e culturais) com a precis\u00e3o do product marketing para traduzir contexto em estrat\u00e9gia.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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    talkto@acertiqa.com<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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    \u00a9 2025 Acertiqa. All rights reserved.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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    \n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

    O paradoxo da Am\u00e9rica Latina: como o caos global virou tese de investimento Mercosul\u2013UE em vigor, USMCA em revis\u00e3o, capital chegando. O que empresas B2B tech precisam entender em 2026 e por que a janela de entrada n\u00e3o \u00e9 mais sobre “se”, mas sobre “com que intelig\u00eancia”. Mercado Latam | Maio 2026 | 9 minutos […]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"no-sidebar","site-content-layout":"","ast-site-content-layout":"full-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-2645","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/acertiqa.com\/blog\/wp-json\/wp\/v2\/pages\/2645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/acertiqa.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/acertiqa.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/acertiqa.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/acertiqa.com\/blog\/wp-json\/wp\/v2\/comments?post=2645"}],"version-history":[{"count":36,"href":"https:\/\/acertiqa.com\/blog\/wp-json\/wp\/v2\/pages\/2645\/revisions"}],"predecessor-version":[{"id":2756,"href":"https:\/\/acertiqa.com\/blog\/wp-json\/wp\/v2\/pages\/2645\/revisions\/2756"}],"wp:attachment":[{"href":"https:\/\/acertiqa.com\/blog\/wp-json\/wp\/v2\/media?parent=2645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}