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LatinNews Daily - 12 December 2024

Main Briefing
On 11 December economic commissions in Colombia’s lower house and senate voted to archive a tax reform bill submitted by President Gustavo Petro’s government, throwing into doubt the viability of the government’s spending plan for next year.... Read More
Andean
*The Organization of the Petroleum Exporting Countries (Opec) has released its latest monthly oil market report, in which Venezuela claimed to have produced 960,000 barrels of oil per day (bpd) in November – down from 989,000 bpd in October.... Read More
Brazil
On 11 December the regional electoral court of Brazil’s Goiás state (TRE-GO) found the state’s governor, Ronaldo Caiado, guilty of abuse of power and barred him from running in elections for the next eight years.... Read More
*The monetary policy committee (Copom) of Brazil’s central bank (BCB) has raised the country’s benchmark interest rate (Selic) by 100 basis points, from 11.25% to 12.25%.... Read More
Central America & Caribbean
On 11 December US-based press freedom lobby group Committee to Protect Journalists (CPJ) issued a statement condemning an arrest warrant issued on 6 December by Guatemala’s attorney general’s office (AG) for well-known journalist Juan Luis Font.... Read More
*The US Federal Aviation Administration (FAA) has extended its ban on civil aviation flights into Haiti until 12 March 2025.... Read More
Mexico
On 11 December authorities in Mexico’s Guerrero state activated a code red security alert following the murder of magistrate Edmundo Román Pinzón, the former president of the superior court of justice in Guerrero, the top court in the state.... Read More
*Mexico’s federal lower chamber of congress has approved the 2025 budget proposal put forward by the Movimiento Regeneración Nacional (Morena) government led by President Claudia Sheinbaum by 353 votes in favour, 128 against, and no abstentions.... Read More
Southern Cone
On 11 December Chile’s lower chamber approved a new anti-terrorism bill.... Read More
*Argentina’s national statistics institute (Indec) has released data on inflation for November, showing a yearly rate of 166%, down from 193% in October.... Read More

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