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Weekly Report - 16 June 2016 (WR-16-23)
ECUADOR: Correa optimistic for 2017
Ecuador will resume growth in 2017, according to President Rafael Correa, who continues to insist that he will not stand for re-election next February. It has been an annus horribilis for Ecuador which, already enduring economic recession on the back of the collapse in oil export prices, suffered the loss of over 600 lives in a severe earthquake in April, the worst natural disaster to hit the country in decades, the effect of which will be to deepen the contraction this year by up to 1% beyond the estimated -4.5% projected by the International Monetary Fund (IMF) just days before the disaster struck.
- Peña Nieto and PRI seek to regain initiative in Mexico
- VENEZUELA: Kerry announces US talks
- PERU: Fujimoristas condition Kuczynski cooperation
- ECUADOR: Correa optimistic for 2017
- TRACKING TRENDS
- BRAZIL: Cunha nears the end of the line
- BRAZIL: Temer accused in Machado testimony
- BRAZIL: Meirelles unveils 20-year cap on spending plans
- PARAGUAY: Fatal fire puts focus on prison overcrowding
- ARGENTINA: Macri starting to struggle after six months
- CHILE: Burgos bails as Bachelet hits rock bottom
- TRACKING TRENDS
- NICARAGUA: Ortega resorts to familiar tactics
- Colombia’s congress shields future peace accords
- Quotes of the week