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LatinNews Daily - 08 January 2026
Main Briefing
On 7 January US forces seized two more tankers involved in the transport of Venezuelan crude, as Washington announced plans to control Venezuela’s oil sector indefinitely and Colombia’s President Gustavo Petro spoke with President Donald Trump to try and sway his increasingly militaristic stance towards Latin America.... Read More
Andean
*Ecuador’s energy and environment ministry has announced the extension of an oil production contract with Chinese firm PetroOriental until 2040.... Read More
Brazil
On 7 January Brazil’s former president Jair Bolsonaro (2019-2023), who is serving a 27-year sentence for attempting a coup, was allowed to briefly leave prison to undergo medical tests for a head injury he suffered two days earlier.... Read More
*Brazil’s central bank (BCB) has released new figures showing that the country registered a net foreign exchange outflow of US$33.32bn in 2025, up from a net outflow of US$18.56bn in 2024.... Read More
Central America & Caribbean
On 7 January Guatemala’s deputy finance minister, Walter Figueroa, warned that the constitutional court (CC)’s decision to temporarily suspend the 2026 budget would limit public investment.... Read More
*Guatemala’s central bank (Banguat) has released new figures showing that remittances to the country totalled US$2.24bn, up from US$1.93bn in November and US$1.94bn in December 2024.... Read More
Mexico
On 7 January Mexico’s President Claudia Sheinbaum stated that Mexico had not increased its oil shipments to Cuba but noted that it had become “an important supplier” of oil to the island in the wake of events in Venezuela.... Read More
*Mexico’s economy ministry (SE) has published a resolution announcing the launch of an administrative anti-dumping investigation into apple imports from the US.... Read More
Southern Cone
On 7 January Argentina’s central bank (BCRA) announced that it had boosted its international reserves after reaching a US$3bn repurchase agreement (repo) with six international banks.... Read More
*Chile’s foreign ministry has released new trade figures, showing that annual exports totalled a record US$107bn in 2025.... Read More
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- VENEZUELA: US seizes more tankers as Colombia aims to sway Trump
- In brief: Ecuador extends oil production contract with Chinese firm
- BRAZIL: Bolsonaro allowed brief leave from jail for medical tests
- In brief: Brazil sees annual rise in net dollar outflow
- GUATEMALA: Gov’t warns of impact of 2025 budget rollover
- In brief: Guatemala posts rise in remittances
- MEXICO: Sheinbaum denies increase in oil shipments to Cuba
- In brief: Mexico opens anti-dumping probe into US apple imports
- ARGENTINA: BCRA announces repo deal as key debt payment looms
- In brief: Chile posts record exports in 2025