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LatinNews Daily - 22 January 2025
Main Briefing
On 21 January Peru’s President Dina Boluarte promised that her government would combat organised crime with an “iron fist” following the detonation of a bomb the previous day outside the regional attorney general’s office in the city of Trujillo.... Read More
Andean
*The Venezuelan economic think tank Observatorio Venezolano de Finanzas (OVF) has calculated that economic activity increased by 3.9% in 2024, largely driven by a 12.3% annual rise in oil production.... Read More
Brazil
On 21 January Brazil’s President Luiz Inácio Lula da Silva appointed career diplomat André Corrêa do Lago as the president of the United Nations climate change conference (COP30) running from 10-21 November in Belém, the capital of Pará state.... Read More
*The Companhia Nacional de Abastecimento (Conab), the logistics arm of Brazil’s agrarian development ministry, has released the annual coffee production figures for 2024, showing 54.2m sacks of coffee (one sack = 60kg).... Read More
Central America & Caribbean
On 21 January Nicaragua’s 92-member unicameral legislature approved changes to the constitution which create a voluntary police force.... Read More
*Honduras’ central bank (BCH) has released new figures that show that the country’s monthly indicator of economic activity (Imae) was up by 2.9% in November 2024 compared with the same month of 2023, while accumulated growth in the first eleven months of 2024 was 3.9%.... Read More
Mexico
On 21 January Mexico’s President Claudia Sheinbaum said that she would respond with a “cool head” and a “calm approach” to the wide range of presidential actions announced by US President Donald Trump during his inauguration speech in Washington the day before.... Read More
*Economic analysts surveyed by Citi México, a local financial group operated by US multinational investment bank and financial services corporation Citigroup Inc, have revised down their 2024 GDP growth forecast for Mexico, from 1.6% to 1.5%.... Read More
Southern Cone
On 21 January Uruguay’s incoming economy minister, Gabriel Oddone, presented the economic team of the administration of President-elect Yamandú Orsi, which will take office on 1 March.... Read More
*Chile’s state-owned port authority Empresa Portuaria San Antonio (Epsa), in charge of the San Antonio port in Valparaíso region, has opened the bidding process for the ‘Puerto Exterior’ development project, calling for contractors, foreign and domestic, to prequalify for the public tendering of the next phase of the project.... Read More
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