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LatinNews Daily - 2 January 2025
Main Briefing
On 31 December Ecuador’s defence ministry promised total transparency regarding the murder of four children whose bodies were found on 24 December, more than two weeks after they were arrested by a military patrol on 8 December.... Read More
Andean
*Peru’s central bank (BCRP) has said that the Peruvian sol was Latin America’s most stable currency in 2024, experiencing limited depreciation against the US dollar compared with other currencies.... Read More
Brazil
On 31 December Brazil’s President Luiz Inácio Lula da Silva partially promulgated the 2025 budget guidelines (LDO) but vetoed sections which would have hindered the government’s ability to block some costly payments.... Read More
*Brazil’s President Luiz Inácio Lula da Silva has signed a decree to raise the minimum monthly wage to R$1,518 (US$246), up 7.5% on the current monthly minimum wage.... Read More
Central America & Caribbean
On 31 December Panama’s President José Raúl Mulino said the Panama Canal would remain in the hands of Panamanians “forever”.... Read More
*El Salvador’s 60-member legislature has approved a new legislative bill that lifts a ban on metals mining imposed in 2017 due to concerns over impacts on the environment and public health.... Read More
Mexico
On 30 December Mexico’s national migration institute (INM) condemned the killing of one of its agents in Chihuahua state and announced the arrest of three suspects.... Read More
*Mexico’s tax authority (SAT) has announced new tariffs as part of measures that seek to bolster the surveillance of goods from Asia.... Read More
Southern Cone
On 30 December a federal judge in Argentina issued international arrest warrants against Nicaragua’s President Daniel Ortega and Vice-President Rosario Murillo, as well as other officials, for alleged crimes against humanity.... Read More
*Paraguay’s central bank (BCP) has announced that monthly inflation in December was 0.7%, up from 0.2% in November.... Read More
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