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LatinNews Daily - 03 December 2025
Main Briefing
On 2 December the latest results from Honduras’ 30 November general elections showed Salvador Nasralla, the presidential candidate for the opposition Partido Liberal (PL) overtaking Nasry Asfura of the fellow opposition Partido Nacional (PN).... Read More
Andean
On 2 December Venezuela’s government accused the US of illegally seizing Citgo, the US subsidiary of state oil company Petróleos de Venezuela (Pdvsa), after a judge in Delaware authorised the sale of Citgo shares to compensate creditors for debt defaults and expropriations in Venezuela.... Read More
*The International Monetary Fund (IMF) and the Ecuadorean authorities have reached a staff-level review on policies and reforms needed to complete the fourth review of the country’s US$5bn Extended Fund Facility (EFF).... Read More
Brazil
On 2 December Brazil’s President Luiz Inácio Lula da Silva had a phone call with US President Donald Trump to discuss issues such as trade, sanctions on Brazilian officials, and potential bilateral cooperation in efforts to combat organised crime.... Read More
*Brazil’s state-controlled oil company Petrobras has announced that it will invest R$12bn (US$2.24bn) in expansion and maintenance works for the Refinaria Abreu e Lima (RNEST), an oil refinery in the north-eastern state of Pernambuco which Petrobras has described as its most modern processing facility.... Read More
Central America & Caribbean
*El Salvador’s central bank (BCR) has released new figures showing that remittances to El Salvador totalled US$8.21bn in the first ten months of 2025, up from US$6.94bn in the same period in 2024.... Read More
Mexico
On 2 December Mexico’s senate approved a list of 10 candidates for the role of federal attorney general (AG), which will be sent to President Claudia Sheinbaum to produce a final shortlist of three.... Read More
*Mexico’s agriculture ministry (Sader) has announced that it is expanding efforts to control the movement of livestock and contain the spread of the New World Screwworm (NWS).... Read More
Southern Cone
On 2 December Argentina’s President Javier Milei swore in Alejandra Monteoliva as the new head of the national security ministry.... Read More
*Paraguay’s central bank (BCP) has published its latest consumer price index, putting monthly inflation in November at 0.2%, up from -0.1% in October.... Read More
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- HONDURAS: Trump-backed candidate overtaken as Hernández walks free
- VENEZUELA: Gov’t slams forced sale of Citgo in US
- In brief: IMF praises Ecuador in latest programme review
- BRAZIL: Lula discusses tariffs and other bilateral issues with Trump
- In brief: Brazil’s Petrobras announces investment in refinery expansion
- In brief: Remittances to El Salvador rise
- MEXICO: Sheinbaum ally advances in bid to become AG
- In brief: Mexico expands efforts to tackle NWS
- ARGENTINA: Monteoliva takes over at security ministry
- In brief: Monthly inflation up in Paraguay