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Weekly Report - 23 November 2017 (WR-17-46)

GUATEMALA: Private sector takes issue with Morales government

Last week Movistar, the local branch of Spanish telecommunications firm Telefónica SA, was compelled to take the unprecedented step of suspending its customer service operations for a couple of days after a string of deadly coordinated attacks on its employees, linked to extortion carried out by local gangs. The attacks have reignited private sector complaints regarding the failure by the Frente de Convergencia Nacional (FCN-Nación) government led by President Jimmy Morales to guarantee security for business. They come amid other concerns regarding the current business climate in the country, caused in part by the political crisis stemming from the calls made at the end of August for Morales to be investigated for corruption.

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