LatinNews Regional Monitor: Brazil & Southern Cone - 03 May 2018

Development: On 2 May, Brazil’s federal congress agreed to free up R$1.5bn (US$424m) in loan guarantees to cover defaults from Mozambique and Venezuela.... Read More

*The number of new vehicles sold in Brazil increased by 21.3% in the first four months of 2018 to 762,849 units, up from 628,861 units during the same period last year, according to Brazil’s federation of automobile dealers (Fenabrave).... Read More

Development: On 2 May, Argentina's cabinet chief, Marcos Peña, said President Mauricio Macri would veto a bill that is being promoted by the opposition in the natioinal congress that seeks to stop increases in natural gas and electricity tariffs.... Read More

Uruguay: Uruguayan exports amounted to US$785m in April 2018, down 0.2% on the same month in 2017 according to figures from Uruguay’s official exports and investment promotion agency, Uruguay XXI.... Read More