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LatinNews Regional Monitor: Brazil & Southern Cone - 10 May 2018

From LatinNews Daily
Development: On 9 May opposition legislators in Argentina’s federal chamber of deputies criticised the decision by the government led by President Mauricio Macri to negotiate the establishment of a new contingency credit line with the International Monetary Fund (IMF) and demanded that any deal be debated by congress.... Read More
Development: On 9 May, Brazil's federal police arrested three people for money laundering and seized R$5.3m (US$1.5m) as part of a long-running investigation into embezzlement in the education sector.... Read More
*Neoenergia, which is controlled by Spanish energy company Iberdrola, has said it is still interested in acquiring the shares of Brazilian electricity distributor Eletropaulo, even after Neoenergia requested arbitration against Eletropaulo on 8 May.... Read More
Paraguay: The national congress, in an extraordinary bicameral session, has elected former supreme court justice Alicia Pucheta as the country’s new vice president.... Read More

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