LatinNews Daily - 13 November 2024

On 12 November Argentina’s national statistics institute (Indec) revealed that annual inflation in October had dropped below 200% for the first time in over a year, while the monthly rate also continued to fall.... Read More

On 12 November Colombia’s supreme court ruled that five current and one former member of congress should be investigated on bribery charges related to the government’s disaster risk management unit (UNGRD).... Read More

*The Organization of the Petroleum Exporting Countries (Opec) has released its latest monthly oil market report, in which Venezuela claimed to have produced 989,000 barrels per day (bpd) of crude oil in October – up from 943,000 bpd in September.... Read More

On 12 November the public security secretariat of Brazil’s São Paulo state dismissed eight officers in the state military police suspected of involvement in a recent murder of a potential witness willing to testify on organised crime.... Read More

*Brazil’s national statistics institute (Ibge) has released its latest figures for the country’s retail sales, which showed a 0.5% monthly rise in sales volume in September.... Read More

On 12 November during the second day of a two-day visit to Costa Rica, El Salvador’s President Nayib Bukele discussed prison reform and security with his Costa Rican counterpart, Rodrigo Chaves.... Read More

*El Salvador’s government led by President Nayib Bukele has launched another debt repurchase offer for foreign debt due from 2027 to 2034, which has a principle amount outstanding of US$2.51bn.... Read More

On 12 November Mexico’s Guerrero state attorney general’s office (FGE) announced that the head of security for state capital Chilpancingo, Germán Reyes, had been arrested for the murder last month of Chilpancingo mayor Alejandro Arcos Catalán.... Read More

*Mexico’s finance ministry (SHCP) has announced the renewal of the package against inflation and high prices (Pacic), a plan first implemented by former president Andrés Manuel López Obrador (2018-2024) in May 2022 to control the prices of items in the country’s basket of 24 basic goods.... Read More

*The head of Paraguay’s national tax directorate (DNIT), Oscar Orué, has highlighted the importance of a tax agreement made between Paraguay and Spain, which seeks to avoid double taxation on the income of individuals and companies residing or operating in both countries.... Read More