LatinNews Daily - 28 November 2024

On 27 November the US Treasury Department announced sanctions against 21 Venezuelan security officials and cabinet ministers for their role in the repression that followed the disputed 28 July presidential election.... Read More

*Colombia’s finance ministry has announced that it has cut the 2024 budget by Col$28.4trn (US$6.4bn), equivalent to 5.6% of the total budget.... Read More

On 27 November Brazil’s Finance Minister Fernando Haddad announced that the government would reduce public spending by R$70bn (US$11.7bn) over the next two years.... Read More

*Brazil’s labour ministry has released the latest figures from its national employment registry (Novo caged), which showed a net 132,714 new jobs created in October, with 2.22m new hires and 2.09m dismissals.... Read More

On 27 November El Salvador’s President Nayib Bukele called for a reversal of the country’s 2017 ban on metallic mining, which he described as “absurd”. ... Read More

*Guatemala’s 160-member unicameral congress has approved the government’s 2025 budget proposal for a total of Q148.53bn (US$19.25bn).... Read More

On 27 November Mexico’s President Claudia Sheinbaum spoke to US President-elect Donald Trump about plans to tackle irregular migration and crack down on drug trafficking.... Read More

*Mexico’s national statistics institute (Inegi) has reported its latest figures on the country’s trade balance which show a trade surplus of US$371m in October, up from a surplus of US$369m in October 2023 and a deficit of US$579m in September 2024.... Read More

On 27 November Argentina’s former president Alberto Fernández (2019-2023) gave testimony in a case of alleged corruption related to insurance contracts awarded during his government.... Read More

*Argentina’s government has placed Treasury bills and bonds on the domestic market for a value of Ar$5.81trn (US$5.76bn).... Read More