LatinNews Daily - 01 February 2024

On 31 January Mexico’s President Andrés Manuel López Obrador rejected allegations that his 2006 presidential campaign received financing from drug trafficking organisations (DTOs).... Read More

On 31 January Vladimiro Montesinos, who served as Peru’s intelligence chief under former president Alberto Fujimori (1990-2000), was sentenced to 19 years in prison in relation to massacres carried out by death squads in 1992.... Read More

*Colombia’s central bank (Banrep) has lowered its benchmark interest rate by 25 basis points to 12.75%.... Read More

On 31 January Brazil’s justice & public security minister, Flávio Dino, who is due to officially step down from his cabinet post later today (1 February), gave a press conference in which he presented his ministry’s security record in 2023.... Read More

*The monetary policy committee (Copom) of Brazil’s central bank (BCB) has lowered the benchmark interest rate (Selic) from 11.75% to 11.25%.... Read More

On 31 January Germine ‘Yonyon’ Joly, a leader of Haiti’s 400 Mawozo gang, pleaded guilty in a US court to gun smuggling and money laundering.... Read More

*Costa Rica’s central bank (BCCR) has released new figures which show that the country posted 5.1% GDP growth in 2023 and forecasts that GDP growth will average 4% in 2024/2025.... Read More

*Mexico’s supreme court (SCJN) has ruled against the government’s controversial 2021 electricity reform which seeks to prioritise energy generated by the state-run power firm Comisión Federal de Electricidad (CFE) over that produced by private renewable energy providers.... Read More

On 31 January the International Monetary Fund (IMF)’s executive board approved a US$4.7bn disbursement to Argentina’s government led by President Javier Milei.... Read More

*Chile’s central bank (BCCh) has announced that it is reducing its benchmark interest rate by 100 basis points to 7.25%.... Read More