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Thursday, 09 May 2024
BRAZIL: Central bank slows cycle of rate cuts
On 8 May the monetary policy committee (Copom) of Brazil’s central bank (BCB) lowered the country’s benchmark interest rate (Selic) from 10.75% to 10.50%, slowing the pace of rate cuts.
Thursday, 09 May 2024
GUATEMALA: Arévalo insistent on legal reforms to remove AG
On 8 May Guatemala’s President Bernardo Arévalo reiterated plans to remove the country’s discredited attorney general (AG) María Consuelo Porras through a legal reform.
Thursday, 09 May 2024
MEXICO: Blackouts strike amid heatwave
On 8 May Mexico’s President Andrés Manuel López Obrador said the government was addressing the “exceptional power outages” that occurred in areas across the country the previous day.
Thursday, 09 May 2024
ARGENTINA: National strike underway as senate discusses key bill
On 8 May Argentina’s umbrella trade union organisations the Confederación General del Trabajo (CGT) and the Central de Trabajadores de la Argentina (CTA) issued a joint statement ahead of the national strike called for today (9 May).
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