Latinnews Daily - 22 December 2017

Development: On 21 December the motion calling for the impeachment of Peru’s President Pedro Pablo Kuczynski failed to secure the necessary votes in the unicameral national congress.... Read More

Ecuador: Economy & Finance Minister Carlos de la Torre has said that he expects the country’s fiscal deficit to close at 4.5% of GDP this year and that he hopes that it will drop further to 3.9% in 2018.... Read More

Development: After prison officers and police went on strike, on 21 December, Brazil's federal government deployed an additional 70 troops from the armed forces to strengthen public security in the state of Rio Grande do Norte.... Read More

*Brazil’s state-owned oil company Petrobras will increase its investment plan for 2018-2022 to US$74.5bn, up from the previous forecast of US$74.1bn for 2017-2021.... Read More

Development: On 21 December one of Panama’s private sector lobbies, Asociación Panameña de Ejecutivos de Empresa (Apede), warned that President Juan Carlos Varela had lost a “valuable opportunity” to strengthen public confidence in the judiciary.... Read More

Cuba: The vice president of the council of ministers, Ricardo Cabrisas Ruiz, who also serves as economy & planning minister, announced that Cuba’s GDP will grow by 1.6% this year driven by activity in the tourism, transport, and agriculture sectors.... Read More

Development: On 21 December Mexico’s President Enrique Peña Nieto signed into law the internal security bill that was recently approved by the federal congress.... Read More

*The finance ministry (SHCP) has announced that it is analysing what fiscal measures to adopt to counteract any effects that the recently approved fiscal reform in the US could have on the Mexican economy.... Read More

Development: On 21 December the Southern Common Market (Mercosur) held a heads of state summit in Brasília during which Paraguay assumed the pro tempore presidency of the trade bloc.... Read More

Uruguay: Uruguay’s viticulture association (Inavi) has reported that the country has exported 4.6m litres of bottled wine this year, beating the previous export record of 3.4m litres in 2007.... Read More

This issue is the final LatinNews Daily of 2017.... Read More