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LatinNews Daily - 7 November 2024
Main Briefing
On 6 November Mexico’s President Claudia Sheinbaum issued a statement congratulating former US president Donald Trump (2017-2021) on his victory in the US presidential election.... Read More
Andean
On 6 November Bolivia’s President Luis Arce gave a televised speech calling for talks involving all sectors of the country to restore normality after 24 days of roadblocks and protests led by his rival, former president Evo Morales (2006-2019).... Read More
*Peru’s foreign trade and tourism ministry (Mincetur) has released new figures which show that trade between Peru and the economies of the Asia-Pacific Economic Cooperation (Apec) group (which numbers 21 countries) totalled US$51.83bn in the first eight months of 2024, up 5.5% on the same period in 2023.... Read More
Brazil
On 6 November the monetary policy committee (Copom) of Brazil’s central bank (BCB) raised the country’s benchmark interest rate (Selic) by 50 basis points up to 11.25%.... Read More
*Brazil’s ministry of development, industry, trade & services has released its figures for the country’s trade balance in October, which showed a trade surplus of US$4.34bn, with a total export value of US$29.46bn and an import value of US$25.12bn.... Read More
Central America & Caribbean
On 6 November Panama’s President José Raúl Mulino unveiled a proposed package of reforms to the social security system (CSS).... Read More
*Cuba’s national electricity grid has collapsed for the second time in less than a month following the passage of Tropical Storm Rafael which hit the island yesterday.... Read More
Mexico
*Mexico’s government led by President Claudia Sheinbaum has announced that it will invest some US$23.4bn in the state-owned electricity company Comisión Federal de Electricidad (CFE).... Read More
Southern Cone
On 6 November Chile’s President Gabriel Boric announced he was replacing five deputy ministers, after discounting a ministerial-level reshuffle the previous day.... Read More
*Argentina’s presidential spokesperson, Manuel Adorni, has accused Argentina’s state-owned airport cargo operator, Intercargo, of “kidnapping” 1,500 passengers on 10 airplanes owned by Chile’s Jetsmart and local low-cost airline Flybondi after they were unable to leave their aircraft due to a strike by Intercargo staff.... Read More
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- MEXICO/REGION: Leaders react to Trump’s victory
- BOLIVIA: Roadblocks “paused” for 72 hours
- In brief: Peru hails rise in trade with Apec countries
- BRAZIL: Central bank accelerates rate hike cycle
- In brief: Brazil’s trade surplus down in October
- PANAMA: Gov’t unveils social security reform package
- In brief: Another nationwide blackout in Cuba as hurricane hits
- In brief: Mexico’s gov’t presents national electricity sector strategy
- CHILE: Boric replaces deputy ministers, resists larger reshuffle
- In brief: Argentina gov’t rails against airport ground handling firm