LatinNews Daily - 18 November 2024

On 16 November the annual leaders’ summit of the Asia-Pacific Economic Cooperation Forum (Apec) was held in Peru’s capital Lima, attended by heads of state including US President Joe Biden and China’s President Xi Jinping.... Read More

*Colombia will resume electricity exports to Ecuador, which had been suspended at the start of October as both countries grapple with a drought that has caused low water levels at hydroelectric power stations.... Read More

On 16 November national and international media reports confirmed that Argentina has ordered the arrest of Brazilian fugitives who have been accused or convicted of participating in the far-right riots in Brasília on 8 January 2023.... Read More

*The governments of Norway and the US have made more pledges to donate to the Amazon Fund, Brazil’s financing mechanism for investments in rainforest conservation initiatives and projects promoting the sustainable use of the Amazon’s resources.... Read More

On 16 November Haiti’s new Prime Minister Alix Didier Fils-Aimé swore in his new 18-member cabinet.... Read More

*Nicaragua’s central bank (BCN) has released new figures which show the country’s exports totalled US$1.94bn in the third quarter of 2024, up 2.3% on the same quarter in 2023.... Read More

On 15 November Mexico’s President Claudia Sheinbaum presented her first national budget during a press conference in the national palace in Mexico City (CDMX).... Read More

*The Mexican government led by President Claudia Sheinbaum has revealed in its 2025 budget proposal that it expects to transfer M$136bn (US$6.66bn) to heavily indebted state oil company Pemex next year, to help it meet its debt and loan repayments, according to excerpts of the budget circulated in the local press.... Read More

On 17 November candidates Álvaro Delgado of the incumbent centre-right multi-colour coalition and Yamandú Orsi for the left-wing opposition coalition Frente Amplio (FA) clashed in a 90-minute television debate ahead of the second-round run-off of Uruguay’s presidential ballot.... Read More

*International credit ratings agency Fitch Ratings has upgraded Argentina's Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC’ from ‘CC’, and its Long-Term Local-Currency IDR to ‘CCC’ from ‘CCC-’.... Read More

Region: Leaders from Latin America including Paraguay’s President Santiago Peña, foreign ministers such as Panama’s Javier Martínez-Acha and Uruguay’s Omar Paganini, along with former presidents such as Brazil’s Jair Bolsonaro (2019-2023), have been quick to congratulate US Senator Marco Rubio (R-FL), who has been picked by US president-elect Donald Trump as his secretary of state.... Read More