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LatinNews Daily - 21 February 2018

Main Briefing
Development: On 20 February, the Venezuelan government completed the long-awaited launch of its cryptocurrency, the petro, backed by the country’s oil reserves.... Read More
Andean
Peru: Peru’s Prime Minister Mercedes Aráoz has announced an investment of more than PEN600m (US$185m) for indigenous communities in the north-eastern Amazonian region of Loreto.... Read More
Brazil
Development: On 21 February, congress approved a decree putting the military in charge of state security operations to combat crime in Rio de Janeiro.... Read More
* Brazilian business mogul Wesley Batista from meatpacking company JBS has been released from jail following a decision by the supreme court of justice (STJ).... Read More
Central America & Caribbean
Development: On 20 February, Carlos Alvarado Quesada, the presidential run-off candidate for the ruling centre-left Partido Acción Ciudadana (PAC), said that he would not increase taxes for companies operating in Costa Rica’s free trade zones (FTZ).... Read More
Central America... Read More
Mexico
Development: On 20 February, presidential candidate Ricardo Anaya from the Por México al Frente coalition, told local daily El Universal that he was not worried that independent candidate Margarita Zavala could steal votes from him.... Read More
Mexico: The ninth round of talks on the modernisation of Mexico’s free trade agreement (FTA) with the European Union (EU) concluded in Mexico City on 20 February.... Read More
Southern Cone
Development: On 20 February, Paraguay’s left-wing opposition Frente Guasú (FG) coalition appealed a ruling by the supreme electoral tribunal (TSJE) which allows President Horacio Cartes, Vice President Juan Afara, and former president Nicanor Duarte (2003-2008) (all members of the ruling Asociación Nacional Republicana-Partido Colorado, ANR-PC) to run as senators in the April 2018 general election.... Read More
Paraguay: Yesterday, Paraguay’s president Horacio Cartes opened the so-called “grain corridor” running from a port in the northern city of Concepción to Brazil’s state of Mato Grosso do Sul.... Read More

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