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LatinNews Daily - 19 February 2024

Main Briefing
On 18 February large demonstrations took place in Mexico City (CDMX) and other major cities in defence of democracy.... Read More
Andean
On 17 February a Peruvian congressional commission approved a report which recommended impeaching the seven members of the judicial oversight body (JNJ).... Read More
*Ecuador’s Foreign Minister Gabriela Sommerfeld has announced that that Russia has lifted a suspension on the import of bananas from five Ecuadorean companies.... Read More
Brazil
On 16 February Brazil’s President Luiz Inácio Lula da Silva travelled to Addis Ababa, Ethiopia, to attend the African Union (AU) summit which ran until 18 February.... Read More
*Brazil’s agriculture ministry has released its latest monthly figures for the country’s agricultural exports, showing an export value of US$11.72bn in January, up from the US$10.21bn registered in January 2023.... Read More
Central America & Caribbean
On 18 February the Dominican Republic’s ruling party, Partido Revolucionario Moderno (PRM), claimed victory in a municipal vote which took place the same day.... Read More
*Honduras’ central bank (BCH) has released new figures which show economic growth in 2023 was 3.8%, driven mainly by financial intermediation (+15.2%), telecommunications (+5.0%), transport & storage (+7.9%), trade (+2.5%), agriculture, livestock, forestry & fishing (+2.6%), hotels & restaurants (+12.2%), and private construction (+6.5%).... Read More
Mexico
*Mexico’s labour ministry (STPS) has announced that the Mexican unit of German carmaker Audi has reached an agreement with the trade union Sindicato Independiente de Trabajadores de Audi México (Sitaudi).... Read More
Southern Cone
On 18 February Argentina’s President Javier Milei took aim at the country’s political elite for what he described as “the true inheritance” bequeathed to his government after the publication of a report revealing that poverty had increased to 57.4% in January, while praising his finance minister, Luis Caputo, for delivering the first monthly budget surplus since August 2012.... Read More
*Argentina’s economy ministry has announced that it has placed Ar$4.8trn (US$5.75bn) in peso-denominated inflation-linked treasury bonds, one of which is due to mature in 2026 and the other in 2027.... Read More
Washington Watch
Ecuador: On 7 February the US Department of the Treasury’s Office of Foreign Assets Control (Ofac) imposed sanctions on the Ecuadorean criminal gang, Los Choneros, and its leader, José Adolfo Macías Villamar (also known as ‘Fito’).... Read More

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