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LatinNews Regional Monitor: Brazil & Southern Cone - 08 June 2018

From LatinNews Daily
Development: On 7 June the Argentine government and the International Monetary Fund (IMF) announced that they had reached new Stand-By agreement under which the IMF will provide Argentina with a US$50bn credit line.... Read More
Development: On 7 June, Brazil’s supreme electoral court (TSE) ordered Facebook to remove ‘fake news’ about presidential hopeful Marina Silva from environmental party Rede Sustentabilidade (Rede).... Read More
* Brazil has auctioned off concessions for three 'pre-salt' oil blocks for R$3.15bn (US$830m), which was roughly in line with government expectations.... Read More
Uruguay: Uruguay’s economy & finance minister Danilo Astori has presented a legislative bill which would increase budget spending until 2020 by an additional Ur$4.7bn (US$150m).... Read More
From Latin American Weekly Report
“Thank God the strike has ended,” President Michel Temer declared.... Read More
In the wake of the Facebook scandal, users are becoming increasingly wary about how their personal data is being used – and abused – online.... Read More
The government led by President Mauricio Macri has come under pressure from all sides as it continues to struggle to convince Argentines, financial markets, and the international community that its economic policies are sound and can fix the country’s current economic problems.... Read More
ARGENTINA | Stagnating growth.... Read More

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