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LatinNews Daily - 14 May 2025
Main Briefing
On 13 May Bolivia’s President Luis Arce announced that he will not stand again for the presidency in the 17 August general elections.... Read More
Andean
*Peru’s Prime Minister Gustavo Adrianzén has announced his resignation, becoming the most senior member of President Dina Boluarte’s cabinet to leave government in a reshuffle that has also seen the replacement of the economy & finance minister, José Salardi, and the interior minister, Julio Diaz Zulueta.... Read More
Brazil
On 13 May a Brazilian delegation in Beijing led by President Luiz Inácio Lula da Silva signed over 30 bilateral agreements with Chinese government officials.... Read More
*The monetary policy committee (Copom) of Brazil’s central bank (BCB) has released the minutes from its meeting last week in which it raised the country’s benchmark interest rate (Selic) from 14.25% to 14.75%.... Read More
Central America & Caribbean
On 13 May El Salvador’s President Nayib Bukele announced that he had sent a ‘foreign agents’ legislative bill to congress.... Read More
*Following the conclusion of an Article IV mission to Costa Rica, the International Monetary Fund (IMF) has highlighted Costa Rica’s “remarkable economic progress” which it attributes to its “very strong fundamentals, policies, and policy frameworks”.... Read More
Mexico
On 13 May the media cited Mexico’s Economy Minister Marcelo Ebrard as saying the previous day that negotiations to update the US-Mexico-Canada Agreement (USMCA) on regional trade are likely to start earlier than planned, in the second half of this year.... Read More
*Mexico’s Tourism Minister Josefina Rodríguez Zamora has announced that 31.9m passengers travelled on national and international flights to and from Mexico in the first quarter of 2025.... Read More
Southern Cone
On 13 May Uruguay’s government led by President Yamandú Orsi decreed three days of national mourning for the death of former president José ‘Pepe’ Mujica (2010-2015).... Read More
*Chile’s President Gabriel Boric has met his Chinese counterpart, Xi Jinping, in Beijing, on the sidelines of the multilateral forum taking place to promote ties between China and the Community of Latin American and Caribbean States (Celac).... Read More
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- BOLIVIA: Arce drops plans for re-election
- In brief: Peru’s PM, finance minister, and interior minister step down
- BRAZIL: Gov’t inks more deals with China
- In brief: Brazil’s interest rates expected to remain high
- EL SALVADOR: Bukele proposes ‘foreign agents’ bill
- In brief: IMF hails Costa Rica’s ‘remarkable’ growth
- MEXICO: USMCA negotiations likely to be brought forward
- In brief: Mexico hails air passenger growth
- URUGUAY: Region mourns death of former president Mujica
- In brief: Chile’s Boric boosts ties with China’s Xi