In recent days, financial markets in Latin America have experienced a significant downturn, marking one of the worst sessions in the past five years. The primary driver behind this market volatility has been concerns about a potential recession in the United States, which has had a considerable impact on global markets and driven down commodity prices.

Brazilian energy company Eletrobras has shown significant improvement in its financial results. According to its latest report, the company's net profit in the fourth quarter increased by 25%, reaching 1.11 billion reais (approximately 191.4 million dollars). This achievement underscores the robustness of the business and its ability to navigate changes in the global energy sector.

Aspen Pharmacare Holdings Ltd. $APNHF, the largest pharmaceutical manufacturer in Africa, has recently announced a significant increase in its net profit for the first half of the fiscal year. The company's successful strategies in the Latin American market, particularly in the areas of anesthetics, hormone replacement therapies, and antiepileptic medications, have contributed to its improved financial performance.

On Tuesday, the Japan International Cooperation Agency (JICA) announced the establishment of a $1 billion fund to support the private sector of the Inter-American Development Bank (IDB). These funds are aimed at financing sustainable growth in Latin America and the Caribbean region. This move represents JICA's largest private sector fund in the region and the first joint project with IDB Invest.

Santander Bank $SC has revealed plans to return substantial funds to investors through a share buyback program scheduled for 2025 and 2026. The total amount intended for return to shareholders is set at 10 billion euros (approximately 10.39 billion USD). This move is facilitated by the bank's record profit levels and expected surplus capital.