LatinNews Daily - 06 February 2024

Main Briefing
On 5 February Mexico’s President Andrés Manuel López Obrador unveiled a package of 18 constitutional and two legal reform initiatives.... Read More
On 5 February the Colombian government and the Ejército de Liberación Nacional (ELN) guerrilla group agreed to extend their bilateral ceasefire by a further six months.... Read More
*Ecuador’s central bank (BCE) has warned that an “urgent restructuring” of the public finances is needed to address the country’s precarious fiscal situation, and has called for economic reforms that are likely to be unpopular.... Read More
On 5 February a justice on Brazil’s supreme court (STF), José Antonio Dias Toffoli, ordered an investigation into NGO Transparency International (TI), which allegedly received funds during the ‘Lava Jato’ corruption probe that should have been paid to Brazilian authorities.... 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$5.8bn in December 2023, down from the US$7.5bn in December 2022 but up from the US$1.6bn registered for the previous month.... Read More
Central America & Caribbean
On 5 February the US, European Union (EU), and other members of the international community endorsed the 4 February re-election victory claimed by El Salvador’s Nayib Bukele.... Read More
*Costa Rica’s investment promotion agency, Agencia Costarricense de Promoción de Inversiones (Cinde) has announced it will participate in a major trade fair taking place from 6-7 February in California, US, for the life sciences industry – which it describes as one of the country’s economy’s major sectors.... Read More
*Transport workers in Mexico have continued to strike and block roads in protest at the lack of security on Mexico’s roads.... Read More
Southern Cone
On 5 February Argentina’s President Javier Milei began his second foreign tour since taking office last December, flying to Israel before heading to Italy and a meeting with Pope Francis at the Vatican.... Read More
*Paraguay’s President Santiago Peña has said that the country has “made history”, with its first ever issuance on international markets of bonds in its local currency (guaraní), worth US$500m.... Read More

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