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LatinNews Daily - 03 May 2024

Main Briefing
On 2 May campaigning in Panama closed ahead of 5 May general elections.... Read More
Andean
On 2 May the faction of Bolivia’s ruling left-wing Movimiento al Socialismo (MAS) that is loyal to former president Evo Morales (2006-2019) threatened to launch protests around the country in protest at a MAS congress organised by President Luis Arce’s faction of the party.... Read More
*Venezuela’s President Nicolás Maduro has announced that the country’s tax authority (Seniat) collected over US$3.1bn in taxes last year, which he said represented a 78% increase on the previous year.... Read More
Brazil
On 2 May Brazil’s President Luiz Inácio Lula da Silva travelled to the country’s southernmost state of Rio Grande do Sul, which has been affected by heavy storms and flooding over the past week. ... Read More
*Brazil’s central bank (BCB) has released its latest figures for the country’s balance of payments, showing a current account deficit of US$4.6bn in March, in contrast to the surplus of US$698m in March 2023.... Read More
Central America & Caribbean
* Costa Rica’s President Rodrigo Chaves has announced plans to hold a popular referendum on various issues citing “enormous obstruction [ism]” on the part of the opposition-controlled 57-member unicameral legislature to his legislative proposals, with just 18 of the 73 legislative initiatives he had put forward converted into laws.... Read More
Mexico
On 2 May Mexico’s President Andrés Manuel López Obrador met with Cuba’s Foreign Minister Bruno Rodríguez in the national palace in Mexico City (CDMX).... Read More
*Mexico’s central bank (Banxico) has released new figures which show that remittances to the country totalled US$5.02bn in March, down 3.3% in annual terms.... Read More
Southern Cone
On 2 May Chile’s senate approved a reform to the country’s anti-terrorism law.... Read More
*Argentina’s central bank (BCRA) has announced it is lowering the country’s benchmark interest rate by 10 basis points to 50%.... Read More
Publishing note
Due to a public holiday there will be no LatinNews Daily on Monday 6 May.... Read More

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