AMERICAS ECONOMY

The United States has declined to extend the U.S.-Mexico-Canada Agreement (USMCA) during its mandatory six-year review, launching a 10-year countdown that could ultimately bring an end to the agreement unless the three countries agree to significant revisions.

The economy of Venezuela is accelerating in the wake of former President Nicolás Maduro's capture by the U.S., with economists now projecting a stronger-than-expected expansion in 2026.

One of the catalysts for last week's gains was Friday's November labor market report. It showed that the U.S. economy continued to churn new jobs at a moderate pace in line with Wall Street's expectations.

ExxonMobil and Chevron are both waiting to see what happens next for Guyana, as a dizzying set of competing incentives come into play.