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LatinNews Daily - 11 January 2024
Main Briefing
On 10 January Argentina’s Economy Minister Luis Caputo announced the government had reached an agreement with the International Monetary Fund (IMF), which could lead to the disbursement of some US$4.7bn.... Read More
Andean
On 10 January Peru’s President Dina Boluarte declared a state of emergency in response to a massive breakdown in security in neighbouring Ecuador.... Read More
*Ecuador’s 137-member national assembly has approved an energy reform bill submitted by President Daniel Noboa’s government which aims to boost investment in the energy sector and boost clean energy production.... Read More
Brazil
On 10 January the mayor’s office of São Paulo, Brazil’s largest city, confirmed the resignation of the municipal secretary for international relations, Marta Suplicy, a former mayor of São Paulo (2001-2005), who will run to be the deputy of left-wing mayoral candidate Guilherme Boulos.... Read More
*Brazil’s national statistics institute (Ibge) has released its latest projections for the 2024 harvest of grains, cereals, legumes, and oilseeds, forecasting a total harvest of 306.5m tonnes.... Read More
Central America & Caribbean
On 10 January Anayté Guardado, a former head of Guatemala’s association of renewable energy generators (Ager), who President-elect Bernardo Arévalo had named as his energy & mining minister (MEM) on 8 January, declined the post.... Read More
*Panama’s Labour Minister Doris Zapata has announced a rise in the minimum wage to take effect in the second half of January.... Read More
Mexico
On 10 January Mexico’s President Andrés Manuel López Obrador rejected accusations of corruption against the 2024 presidential candidate for the ruling Movimiento Regeneración Nacional (Morena), Claudia Sheinbaum and Interior Minister Luisa María Alcalde. ... Read More
*Mexico’s national statistics institute (Inegi) has released new figures which show that in October 2023, gross fixed capital formation (GFCF) was up by 24.7% year-on-year and 1.9% in monthly terms on seasonally adjusted figures.... Read More
Southern Cone
*Chile’s leftist President Gabriel Boric has unveiled two legislative bills that he intends to submit to congress with the aim of reducing the amount of time necessary to make major investments in order to boost economic activity.... Read More
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- ARGENTINA: Gov’t reaches IMF agreement in boost for Milei
- PERU/ECUADOR: State of emergency in Peru amid fears of crime spillover
- In brief: Ecuador’s congress approves energy reform bill
- BRAZIL: Former São Paulo mayor to join campaign of Lula’s candidate
- In brief: Annual drop expected in Brazil’s 2024 grain harvest
- GUATEMALA: Arévalo’s pick for energy brief declines post
- In brief: Minimum wage increased in Panama
- MEXICO: Morena responds to corruption allegations
- In brief: Mexico’s GFCF picks up
- In brief: Chile’s Boric seeks to boost investment by cutting bureaucracy