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LatinNews Regional Monitor: Brazil & Southern Cone - 04 January 2018

From LatinNews Daily
Development: On 3 January, Brazil's industry & foreign trade minister, Marcos Pereira, resigned to run for a position in the federal chamber of deputies in this year’s general election.... Read More
*Brazil’s state-owned oil company Petrobras has agreed to pay US$2.95bn to settle a class action lawsuit in the US, according to a statement on the firm's website.... Read More
Development: On 3 January, Argentina’s centre-right Cambiemos coalition government announced that public transport fares would rise by between 25% and 50% in the Área Metropolitana de Buenos Aires, which comprises the capital and the surrounding 24 districts.... Read More
Uruguay: The office of the presidency has released its 2016 national energy sector balance report, which shows that for the first time in 52 years the amount of electricity produced by burning organic matter (biomass) was greater than the amount of electricity produced by the burning of oil derivative fuels.... Read More

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