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Latinnews Daily - 17 January 2018

Main Briefing
Development: On 16 January Ecuador’s former president Rafael Correa (2007-2017) and various politicians from the ruling Alianza País (AP) party formally quit the AP and announced the creation of new political party dubbed Revolución Ciudadana (RC).... Read More
Andean
Bolivia: A department-wide strike has taken place in Cochabamba department calling for the complete repeal of the new national criminal code, which was approved by the national legislature in December 2017 and will take effect in June 2019.... Read More
Brazil
Development: On 16 January, Brazil's President Michel Temer suspended four of the 12 vice presidents at state-owned bank Caixa Econômica Federal (CEF), who were appointed by politicians and are now being investigated for corruption.... Read More
*Brazil’s agriculture minister, Blairo Maggi, has said that Brazil could lift its 20% tariff on ethanol imports from the US if the US removes a ban on beef imports from Brazil.... Read More
Central America & Caribbean
Development: On 16 January Guatemala's President Jimmy Morales named Alfonso Alonzo Vargas, René Obregón, and Acisclo Valladares respectively as his new ministers for the environment (Marn), social development (Mides), and economy.... Read More
Panama: Panama’s trade & industry ministry (Mici) has announced that Panama and China have begun feasibility studies regarding a new free trade agreement (FTA) between the two countries.... Read More
Mexico
Development: On 16 January the governor of Mexico's northern state of Chihuahua, Javier Corral, announced that he would lead a protest caravan and march against corruption to Mexico City.... Read More
*The US has removed its ban on pork imports from Mexico.... Read More
Southern Cone
Development: On 16 January Paraguay’s chamber of deputies voted in favour of stripping Deputy Carlos Portillo of his immunity from prosecution so that he can be investigated for his suspected involvement in an influence trafficking case involving national legislators and members of the judiciary.... Read More
Argentina: The central bank (BCRA) has cut its 35-day benchmark interest rate (Lebac) by 150 basis points to 27.24%.... Read More

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