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LatinNews Regional Monitor: Brazil & Southern Cone - 09 May 2018
From LatinNews Daily
Development: On 8 May, the former head of Brazil’s supreme court (STF) Joaquim Barbosa from the centre-left Partido Socialista Brasileira (PSB) said he would not be running for the presidency.... Read More
*Brazil's state-owned oil company Petrobras finished the first financial quarter of 2018 with a net profit of R$6.96bn (US$1.95bn), 57% up from the R$4.45bn (US$1.25bn) reported during the same period last year.... Read More
Development: On 8 May Argentina’s President Mauricio Macri announced that his government had started negotiations with the International Monetary Fund (IMF) to secure a contingency credit line that will help to shore up his government’s financial position.... Read More
Argentina: The energy ministry has announced that the government led by President Mauricio Macri has reached an agreement with some of the leading energy firms that currently operate in Argentina, under which they have agreed to freeze all petrol fuel prices until July.... Read More
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