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LatinNews Daily - 25 March 2024
Main Briefing
On 22 March Venezuela’s opposition coalition Plataforma Unitaria Democrática (PUD) announced that it will put forward Corina Yoris as its candidate in the 28 July presidential election – replacing María Corina Machado, who has been barred from holding public office.... Read More
Andean
*Colombia’s central bank (Banrep) has lowered its benchmark interest rate by 50 basis points to 12.25%.... Read More
Brazil
On 24 March Brazil’s federal police (PF) arrested three individuals suspected of masterminding the high-profile 2018 murder of Rio de Janeiro city councillor Marielle Franco.... Read More
*Brazil’s planning & budget ministry has announced that it has blocked R$2.9bn (US$581m) in discretionary expenses in order to meet the government’s fiscal objective.... Read More
Central America & Caribbean
On 24 March Panama’s interior ministry (Minseg) revealed that over 100,000 migrants have crossed the perilous Darién Gap, a roadless expanse of jungle on Panama’s border with Colombia, which serves as a key corridor for migrants seeking to reach the US.... Read More
*Nicaragua’s central bank (BCN) has released new figures which show the country’s GDP grew 4.6% in 2023, up from 3.8% in 2022.... Read More
Mexico
On 22 March a mass kidnapping was reported in Culiacán, the capital of Mexico’s north-western state of Sinaloa, amid concern that both crime-related and political violence is on the increase ahead of the general election due in June.... Read More
*Mexico’s national statistics institute (Inegi) has released consumer price index figures for the first half of March, which shows inflation increasing by 0.27% as compared to the previous two-week period.... Read More
Southern Cone
On 24 March political tensions surrounded Argentina’s Day of Memory to mark the 48th anniversary of the coup d’état as the government led by President Javier Milei released a video on social media on which the claim was made that the figure of 30,000 people forcibly disappeared during the military dictatorship (1976-1983) had been “invented”.... Read More
*Taiwan has authorised zero-tariffs for Paraguay’s pork exports, down from 12.5% previously.... Read More
Washington Watch
Nicaragua: On 14 March the US Department of State announced new restrictions on the import and export of US origin arms and defence articles and services destined for or originating in Nicaragua.... Read More
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- VENEZUELA: Opposition PUD names new candidate, replacing Machado
- In brief: Colombia lowers interest rates
- BRAZIL: Suspected masterminds of Marielle Franco murder detained
- In brief: Brazil’s gov’t blocks spending to meet fiscal target
- PANAMA: Gov’t highlights surge in Darién crossings
- In brief: Nicaragua claims strong growth
- MEXICO: Mass kidnapping in Culiacán highlights violence concerns
- In brief: Mexico’s inflation ticks up
- ARGENTINA: Milei courts controversy over dictatorship
- In brief: Taiwan authorises tariff exemptions for Paraguayan pork
- US slaps arms restrictions on Nicaragua