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LatinNews Daily - 22 March 2018

Main Briefing
Development: On 21 March Peru’s President Pedro Pablo Kuczynski gave a nationally televised address in which he announced that he had decided to tender his formal resignation to the national congress.... Read More
Andean
Venezuela: Venezuela’s higher education, science & technology minister, Hugbel Roa, has formally launched of the initial public offering (IPO) of the government’s new official cryptocurrency, the ‘Petro’.... Read More
Brazil
Development: On 21 March, a federal court in Brasília (MPDFT) announced it would investigate whether British firm Cambridge Analytica was using Facebook data to influence voter intentions ahead of Brazil's October general election.... Read More
*Brazil’s central bank (BCB) has lowered its benchmark interest rate from 6.75% to 6.50%, as part of a series of consecutive cuts.... Read More
Central America & Caribbean
Development: On 21 March the US embassy in the Honduras expressed concerns about “recent actions counter to the anti-corruption work in Honduras”.... Read More
Antigua & Barbuda: The Antigua Barbuda Labour Party (ABLP) has increased its majority in parliament with a landslide victory in the 21 March general election.... Read More
Mexico
Development: On 21 March, two independent candidates who failed to meet the requirements to stand in the presidential election on 1 July accused Mexico’s national electoral institute (INE) of irregularities.... Read More
*Mexico’s leading presidential candidate ahead of the 1 July general election, Andrés Manuel López Obrador, has reassured investors that they shouldn’t be nervous about his potential economic plans.... Read More
Southern Cone
Development: On 21 March Paraguay’s national congress failed to make quorum to approve the resignation of Vice President Juan Afara, of the ruling Asociación Nacional Republicana-Partido Colorado (ANR-PC) party, who is seeking to run to be elected as a senator in the 22 April presidential and congressional elections.... Read More
Argentina: Argentina’s GDP grew by 2.9% in 2017 after having contracted by 1.8% in 2016, the national statistics institute (Indec) has reported.... Read More

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