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LatinNews Daily - 10 January 2024
Main Briefing
On 9 January Ecuador’s President Daniel Noboa signed a decree declaring that the country is experiencing an “internal armed conflict” after gunmen stormed a television studio.... Read More
Andean
*Colombia’s state oil company, Ecopetrol, has announced that it has successfully placed bonds totalling US$1.85bn on the international market.... Read More
Brazil
On 9 January Brazil’s government led by President Luiz Inácio Lula da Silva announced that it will allocate R$1.2bn (US$245m) in 2024 to fund security initiatives in the country’s largest demarcated indigenous reserve, the Yanomami territory.... Read More
*The president of Brazil’s senate, Rodrigo Pacheco, has declared his intention to negotiate with Finance Minister Fernando Haddad over how to address a controversial decree signed by President Luiz Inácio Lula da Silva on 29 December.... Read More
Central America & Caribbean
On 9 January hundreds of protesters staged demonstrations at Cobre Panamá, Panama’s biggest mine, located in Donoso district, Colón province, which the supreme court (CSJ) ordered shut down in November 2023 after finding a new law authorising a revised contract was unconstitutional.... Read More
*Cuba’s minister of finance & prices (FFP), Vladimir Regueiro Ale, has announced that Cuba will raise the retail price of fuel as of 1 February, with the cost of a litre of regular gasoline increasing to CUP132 (US$1.10) from CUP25, while the price of premium gasoline will rise to CUP156 per litre from CUP30.... Read More
Mexico
On 9 January Mexico’s opposition left-of-centre Movimiento Ciudadano (MC) confirmed that federal deputy Jorge Álvarez Máynez, the MC bench leader in the federal lower chamber, would be its presidential candidate ahead of the 2 June election.... Read More
*Mexico’s national statistics institute (Inegi) has released consumer price index figures December, which show that monthly inflation stood at 0.71% with the annual rate reaching 4.66%.... Read More
Southern Cone
On 9 January Argentina’s federal congress began to debate President Javier Milei’s omnibus reform bill.... Read More
*Argentina’s ‘blue dollar’, or black market exchange rate, has hit a record Ar$1,120/US$1, some 30% up on the official rate of Ar$859/US$1.... Read More
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- ECUADOR: ‘Internal armed conflict’ declared amid security meltdown
- In brief: Colombia’s Ecopetrol sells bonds as part of debt buyback strategy
- BRAZIL: Gov’t to boost security in Yanomami indigenous reserve
- In brief: Brazil’s senate to negotiate payroll tax breaks with gov’t
- PANAMA: Protests at shuttered mine
- In brief: Cuba raises fuel, transport prices
- MEXICO: MC announces new presidential candidate
- In brief: Annual inflation continues upwards trend in Mexico
- ARGENTINA: Congress debates Milei’s omnibus bill
- In brief: Argentina’s free market dollar soars