LatinNews Daily - 15 March 2024

On 14 March Argentina’s senate voted to strike down a decree of necessity and urgency (DNU) issued by President Javier Milei shortly after he took office last December deregulating broad swathes of the economy.... Read More

On 14 March the Spanish police announced the arrest of a leading member of the transnational Venezuelan gang Tren de Aragua, who they said was “a distinguished member” of the organisation and “the brother of its global leader”.... Read More

*Peru’s central bank (BCRP) has announced that the country registered a trade surplus of US$1.47bn in January, representing an increase of US$233m on the same month in 2023.... Read More

On 14 March Brazil’s national media reported that the supreme court (STF) will oversee the federal police (PF) investigation into the March 2018 high-profile murder of Rio de Janeiro city councillor Marielle Franco.... Read More

*Brazil’s national statistics institute (Ibge) has released its latest figures for the country’s retail sales in January, which showed a monthly rise in sales volume of 2.5% and an increase of 4.1% compared to January 2023.... Read More

On 14 March a Guatemalan judge opened criminal proceedings against four of the country’s five electoral court (TSE) magistrates: Irma Palencia, Mynor Franco, Gabriel Aguilera, and Rafael Rojas.... Read More

*Panama’s President Laurentino Cortizo has hailed the decision by the European Union (EU) to remove Panama from its ‘grey’ list of countries that have strategic deficiencies in their anti-money laundering (AML) and counter-terrorist financing (CFT) frameworks.... Read More

On 14 March the governor of Mexico’s Guerrero state, Evelyn Salgado Pineda, announced the resignation of two high-level state officials and the dismissal of the state attorney general (AG).... Read More

*Mexico’s central bank (Banxico) has released its report for October-December 2023 providing a breakdown of the economies of the country's different regions which noted a weakening “in all regions, especially the south”. The report notes that quarterly growth in the fourth quarter of 2023 was 0.1% in the north of Mexico, 0.2% in the central north region, and 0.3% in central Mexico, while the economy contracted by 1.6% in the south.... Read More

*Argentina’s senate has unanimously passed a law updating its current legislation on the national regulatory system for its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regime, in accordance with international standards.... Read More