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LatinNews Daily - 6 November 2024

Main Briefing
On 5 November a new migrant caravan set off from the city of Tapachula in Mexico’s southern state of Chiapas en route to the US as voters north of the border headed to the polls to elect a new president.... Read More
Andean
On 5 November Colombia’s defence minister, Iván Velásquez, justified a recently announced military reorganisation, stating that it does not eliminate joint operations between the three armed forces, as some critics have claimed.  ... Read More
*International credit ratings agency Fitch Ratings has maintained Peru’s long-term foreign-currency and local currency issuer default rating (IDR) at ‘BBB’ and raised its outlook to stable from negative.... Read More
Brazil
On 5 November Brazil’s lower chamber of congress approved a bill (PLP 175/2024) that proposes rules aiming to improve transparency in the payments of ‘emendas parlamentares’, earmarked grants for local projects in the constituencies of legislators.... Read More
*Brazilian steel manufacturing company Gerdau has released its earnings report for the third quarter, which showed a net profit of R$1.43bn (US$244.71m).... Read More
Central America & Caribbean
On 5 November a Guatemalan appeals court upheld a ruling acquitting eight former military officials accused over the so-called ‘Creompaz case’, a mass forced disappearance case relating to the country’s 1960-1996 civil war.... Read More
*Panama’s education ministry has suspended classes today (6 November) across the country.... Read More
Mexico
*Mexico’s supreme court (SCJN) has rejected a proposal to invalidate key parts of a controversial judicial reform, which was approved by congress in September.... Read More
Southern Cone
On 5 November Argentina’s media reported that the far-right government led by President Javier Milei had accepted the resignation of Marcelo Cima, the secretary for international economic relations at the foreign ministry.... Read More
*Uruguay’s national statistics institute (INE) has released its consumer price index (IPC) for October, showing a monthly inflation rate of 0.33%.... Read More

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