LatinNews Daily - 08 February 2024

Main Briefing
On 7 February Nicaragua's government led by President Daniel Ortega said it had granted political asylum to Panama's right-wing former president Ricardo Martinelli (Cambio Democrático, 2009-2014), a leading contender in the 5 May 2024 presidential race.... Read More
On 7 February Ecuador’s national assembly voted to ratify a free trade agreement (FTA) with China.... Read More
*The international credit ratings agency Fitch Ratings has downgraded Bolivia’s long-term foreign currency issuer default rating to ‘CCC’ from ‘B-’.... Read More
On 7 February the mayor’s office of Belo Horizonte, capital of Brazil’s second most populous state, Minas Gerais, declared an epidemic in response to rising cases of dengue fever.... Read More
*Brazil’s central bank (BCB) has reported its latest fiscal statistics for the public sector showing a primary deficit of R$249.1bn (US$50.13bn) for 2023, which corresponds to 2.29% of GDP.... Read More
Central America & Caribbean
*Venezuela’s defence minister, Vladimir Padrino López, has warned of a “proportional, forceful response in line with the law” if US oil giant ExxonMobil begins drilling in the Essequibo region, territory which it disputes with Guyana.... Read More
On 7 February authorities in Mexico’s Zacatecas state confirmed the murder of a municipal official in the city of Fresnillo.... Read More
*Mexico’s government led by President Andrés Manuel López Obrador has released more details about how the M$64bn (US$3.75bn) fund, created to bankroll his proposed pension reforms, will be financed.... Read More
Southern Cone
On 7 February Argentina’s presidential spokesperson, Manuel Adorni, said the government was evaluating all “constitutional tools” to carry out President Javier Milei’s economic reforms, after congress dealt a blow to his omnibus reform bill.... Read More
*Argentina’s bonds have slumped following a major setback to President Javier Milei’s omnibus reform in congress.... Read More

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