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Weekly Report - 07 July 2016 (WR-16-26)

Leader
The heads of state of the four full member countries of the Pacific Alliance trade bloc promised on 1 July to strive towards more inclusive growth and greater financial integration without repeating the mistakes that led to Brexit.... Read More
Andean
The latest figures for Venezuela’s state oil company Petróleos de Venezuela (Pdvsa) were as bad as expected, and with international oil prices trending back down again after the shock decision by voters in the United Kingdom to leave the European Union in a referendum on 23 June, whispers about an inevitable default have got louder again.... Read More
President Evo Morales appears to have abandoned the possibility of staging a second referendum on whether to amend the 2009 constitution in order to allow him to run for a third consecutive presidential term in 2019.... Read More
President-elect Pedro Pablo Kuczynski could come under early pressure to undertake some sweeping reforms at Petroperú after yet another serious oil spill in the Amazon forced the resignation of Germán Velásquez, the president of the state oil company.... Read More
PERU-ECUADOR | Petroamazonas-Petroperú ink deal.... Read More
Brazil & Southern Cone
‘Welcome to Hell’ read the banner unfurled by a few dozen police officers and firefighters at the arrivals gate of the new terminal 2 of Rio de Janeiro’s international Galeão airport: ‘Police and firefighters don’t get paid and whoever comes to Rio de Janeiro will not be safe’.... Read More
Argentina’s judiciary has continued to advance with the prosecution of the ever-growing battery of corruption cases implicating former government officials of the previous Frente para la Victoria (FPV, Kirchneristas) administration, a faction of the now-opposition Partido Justicialista (PJ, Peronists), including former president Cristina Fernández (2007-2015) herself, this week.... Read More
Hundreds of university students defied the authorities by staging an unauthorised march in Santiago on 5 July to protest against the long-awaited final instalment of the education reform designed by the government led by President Michelle Bachelet.... Read More
Mexico & Nafta
Mexico’s Interior Minister Miguel Ángel Osorio Chong is facing a serious challenge to his hopes of securing the candidacy of the ruling Partido Revolucionario Institucional (PRI) in the 2018 presidential elections.... Read More
Central America & Caribbean
According to state media, Cuba’s economy and planning minister, Marino Murillo, told a meeting of the national assembly’s economic commission in early July that the country’s revenues had been hit by “a complex scenario” in the first half of the year, with still-low global commodity prices buffeting Cuba’s main exports of nickel, sugar and refined oil products.... Read More
In a move likely to be well received by local environmentalists and civil-society groups, Guatemala’s supreme court of justice (CSJ) last week ordered the definitive suspension of the ‘El Tambor’ gold mine.... Read More
President Juan Carlos Varela last week marked the second anniversary of his Partido Panameñista (PPA)-led El Pueblo Primero (EPP) coalition government taking office.... Read More
COSTA RICA | GDP growth.... Read More
Postscript
The maximum leader of the Fuerzas Armadas Revolucionarios de Colombia (Farc), ‘Timochenko’ (Rodrigo Londoño), has suspended the guerrilla group’s ‘war tax’ imposed on ranchers and local businesses as a gesture as the peace process moves towards a denouement.... Read More
“In this special moment in the world, so controversial, we are certain that the only future we have is to build networks not walls.”... Read More

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