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LatinNews Daily - 22 January 2024
Main Briefing
On 21 January the member states of the Andean Community (CAN) – Colombia, Ecuador, Peru, and Bolivia – approved a joint security plan in response to the dramatic crime wave that has engulfed Ecuador.... Read More
Andean
*Ecuador’s energy & mining ministry has announced that President Daniel Noboa’s government will invest US$516m in electricity distribution infrastructure and public lighting.... Read More
Brazil
On 19 January Brazil’s President Luiz Inácio Lula da Silva met China’s Foreign Minister Wang Yi in the north-eastern state of Ceará.... Read More
*Brazil’s central bank (BCB) has updated its IBC-Br economic activity index (used as a proxy to anticipate GDP figures), registering a 0.01% monthly increase in November and a 2.19% yearly increase.... Read More
Central America & Caribbean
On 19 January Nery Ramos, a national legislator for Guatemala’s Azul party, was elected president of the 160-member unicameral legislature for 2024-2025.... Read More
*Nicaragua’s central bank (BCN) president, Ovidio Reyes, has revealed that Nicaragua’s economy grew 6% in the final quarter of 2023 year-on-year, bringing annual growth last year to 4.5%.... Read More
Mexico
On 19 January local media in Mexico reported the arrest of José Alberto García Vilano, known as ‘La Kena’ or ‘Ciclón 19’, who was allegedly involved in the kidnapping and killing of US citizens in Tamaulipas state in March 2023.... Read More
*US Trade Representative (USTR) Katherine Tai has announced that the US has asked Mexico to review whether workers at facilities run by Spanish firm Atento Servicios in the city of Pachuca, Hidalgo state, are being denied the right to freedom of association and collective bargaining.... Read More
Southern Cone
On 19 January Argentina’s President Javier Milei issued a decree extending the extraordinary sessions of congress by two weeks as he seeks to win approval for an omnibus bill pertaining to a sweeping state reform which would also confer superpowers on Milei to legislate by decree for up to four years.... Read More
*Paraguay’s central bank (BCP) has announced it is lowering its benchmark interest rate by 25 basis points to 6.50%.... Read More
Washington Watch
Guatemala: On 15 January officials from the US government led by President Joe Biden congratulated Guatemala’s President Bernardo Arévalo and Vice President Karin Herrera on their inauguration.... Read More
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- REGION: Andean Community announces new security plan
- In brief: Ecuador announces investment in electricity infrastructure
- BRAZIL: Lula reaffirms commitment to China partnership
- In brief: Brazil’s economic activity rises slightly in November
- GUATEMALA: New Semilla-backed congress leader elected
- In brief: Nicaragua’s central bank president upbeat on growth
- MEXICO: Suspected Cártel del Golfo leader arrested
- In brief: Mexico receives US labour rights request
- ARGENTINA: Milei extends congressional sessions
- In brief: Paraguay continues to lower interest rates
- US congratulates Guatemala’s Arévalo