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LatinNews Daily - 18 April 2024

Main Briefing
On 17 April the US government announced that it will not renew a six-month licence offering relief from oil and gas sanctions against Venezuela, because the government of President Nicolás Maduro has “fallen short” on its commitments to allow free and fair presidential elections.... Read More
Andean
*Ecuador’s government led by President Daniel Noboa has decreed that businesses and government offices shut down today (18 April) and tomorrow due to power shortages which stem from drought.... Read More
Brazil
On 17 April Brazil’s President Luiz Inácio Lula da Silva made his first official visit to Colombia’s capital Bogotá since taking office in January last year and was hosted by his Colombian counterpart, Gustavo Petro.... Read More
*Brazil’s central bank (BCB) has released its latest economic activity index (IBC-Br), used as a proxy to anticipate GDP figures, which showed a 0.4% monthly rise in activity in February.... Read More
Central America & Caribbean
On 17 April a third and final presidential debate ahead of Panama’s 5 May elections took place.... Read More
*El Salvador’s government led by Nayib Bukele has announced that it has accepted offers for US$486.84m of its dollar bonds as part of its offer to repurchase notes which are due 2025, 2027, and 2029.... Read More
Mexico
On 17 April Mexico’s supreme court (SCJN) announced that it had the jurisdiction to rule on the admissibility of corruption allegations made against former SCJN president Arturo Zaldívar (2019-2022) and other officials.... Read More
*The lower chamber of Mexico’s congress has postponed discussion on a dictamen that would create a new pensions fund.... Read More
Southern Cone
On 17 April Paraguay’s 45-member senate voted to remove recently reinstated parliamentary immunity of three senators.... Read More
*Argentina’s public sector employees’ union Asociación Trabajadores del Estado (ATE) has called a new national strike for 30 April.... Read More

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