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LatinNews Daily - 05 May 2026

Main Briefing
On 1 May US President Donald Trump threatened military force against Cuba and signed an executive order which expands economic sanctions on the island.... Read More
Andean
On 4 May Ecuador’s government announced that it would lower its tariff rate for Colombia from 100% to 75% from 1 June, in an easing of the trade war which Ecuador started nearly four months ago.... Read More
*Venezuela’s labour minister, Carlos Alexis Castillo, has told local radio station Circuito Onda that there will not be a general increase to the minimum wage, contradicting a 30 April announcement from President Delcy Rodríguez.... Read More
Brazil
On 4 May Brazil’s President Luiz Inácio Lula da Silva signed a ‘medida provisória’ (MP) decree to implement a new iteration of the ‘Desenrola’ (Untangle) programme, an initiative to renegotiate household debt which was first launched in 2023.... Read More
*Brazil’s federal oil and gas regulator (ANP) has released the national production figures for March for oil and natural gas, showing a total of 5.53m barrels of oil equivalent per day (boepd).... Read More
Central America & Caribbean
*The Dominican Republic’s President Luis Abinader has ordered the immediate suspension of all activities related to the Romero mine, which is owned by Canadian mining company GoldQuest, in San Juan province.... Read More
Mexico
On 2 May the congress of Mexico’s Sinaloa state accepted a request from Rubén Rocha Moya to take a temporary leave of absence from his role as state governor, after he was indicted by the US for allegedly colluding with the Cártel de Sinaloa.... Read More
*Mexico’s central bank (Banxico) has released remittance figures for March 2026, announcing that remittances to the country totalled US$5.39bn.... Read More
Southern Cone
On 4 May Argentina’s far-right government led by President Javier Milei announced that it was restoring access to the Casa Rosada presidential palace for accredited journalists.... Read More
*Chile’s central bank (BCCh) has released the latest figures for its economic activity index (Imacec) which showed a 0.1% year-on-year fall in March and a 0.3% rise compared to February.... Read More

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