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LatinNews Daily - 7 March 2025
Main Briefing
On 6 March Mexico’s President Claudia Sheinbaum said that after an “excellent and respectful” telephone call with her US counterpart Donald Trump, the US government had agreed to halt and postpone a blanket 25% import tariff on Mexican products.... Read More
Andean
On 6 March Guyana filed a request with the International Court of Justice (ICJ) for provisional measures ordering Venezuela to halt plans to elect a governor for the disputed Essequibo region, which President Nicolás Maduro claims is a Venezuelan state.... Read More
*A health reform bill submitted by the government of Colombia’s President Gustavo Petro has cleared the lower chamber of congress with 95 votes in favour and 25 against.... Read More
Brazil
On 6 March Brazil’s government announced a series of measures to address rising food prices, including slashing tariffs on imports of food items considered to be essential.... Read More
*Brazil’s central bank (BCB) has updated its rules for the Pix digital payment system that it manages.... Read More
Central America & Caribbean
On 6 March a Honduran research institute Instituto Universitario en Democracia, Paz y Seguridad (Iudpas) of Honduras’ national public university Universidad Nacional Autónoma de Honduras (Unah), reported that nine people had been killed in pre-electoral violence.... Read More
*Costa Rica’s national statistics institute (Inec) has released new figures showing that the unemployment rate for the November 2024-January 2025 rolling quarter was 7.0%, up from 6.9% in the previous October-December 2024 rolling quarter.... Read More
Mexico
*Mexico’s national statistics institute (Inegi) has released new figures which show that in the fourth quarter of 2024, Mexico’s labour productivity index (IGPLE), based on hours worked, fell 0.5% compared with the previous quarter but was up 0.7% compared with the same quarter in 2023, on seasonally adjusted figures.... Read More
Southern Cone
On 6 March Argentina’s government announced that President Javier Milei would issue a decree of necessity and urgency (DNU) to impose an impending accord with the International Monetary Fund (IMF).... Read More
*Argentina’s electricity regulator, Ente Nacional Regulador de la Electricidad (Enre), has opened an investigation into the causes of a blackout which hit the capital Buenos Aires on 5 March.... Read More
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- MEXICO: US tariff ‘pause’ a big win for Sheinbaum
- GUYANA/VENEZUELA: Guyana turns to the ICJ over Venezuela
- In brief: Health reform clears Colombia’s lower chamber
- BRAZIL: Gov’t to slash tariffs on food imports
- In brief: Brazil’s central bank tightens regulation of digital payments
- HONDURAS: More alarm over electoral violence ahead of primaries
- In brief: Costa Rica’s unemployment edges up
- In brief: Mexico’s labour productivity dips in quarterly terms
- ARGENTINA: Milei challenges congress over IMF deal
- In brief: Investigation opened into power outage in Argentina