LatinNews Daily - 15 June 2018

Development: On 14 June various civil-society groups formally expressed their support for one of the two candidates taking part in Colombia's 17 June second-round presidential run-off election.... Read More

Venezuela: Venezuela’s President Nicolás Maduro, who was re-elected on 20 May, has announced a ‘new start’ for his government with a shakeup of his ministerial cabinet.... Read More

Development: On 14 June Brazil’s supreme court (STF) voted to ban a procedure that allows investigators to take a criminal suspect into a police station for questioning.... Read More

*Brazil’s central bank (BCB) has announced that starting from 18 June it will auction an additional US$10bn in the local currency markets as part of its efforts to contain the recent sharp devaluation of the real.... Read More

Development: On 14 June two local civil-society groups, Iniciativa Social para la Democracia (ISD) and Red Ciudadana Transparencia y Democracia, issued a joint statement condemning violence and repression against protesters opposed to a new water legislative bill.... Read More

Dominican Republic: The Dominican Republic (DR)’s central bank (BCRD) has released figures which show that tourist arrivals to the country were up 7% year-on-year in May and 5.9% in the first five months of 2018 compared with the same period the previous year.... Read More

Development: On 14 June Alejandro Chávez Zavala, an incumbent candidate for the mayor’s office of Taretan municipality in Mexico's Michoacán state, was assassinated by a group of armed men.... Read More

*Ernesto Revilla, an economist and the head of the Latin America division at the US-based Citibank, has said that a victory for presidential candidate Andrés Manuel López Obrador, who is running for the leftist Juntos Haremos Historia coalition, would be unlikely to result in macroeconomic change for Mexico, at least in the short term, as Mexico has already stabilised its finances and has a very resilient economy.... Read More

Development: On 14 June the president of Argentina’s central bank (BCRA), Federico Sturzenegger, tendered his resignation.... Read More

Uruguay: Uruguay’s central bank (BCU) has released figures which show that the country’s GDP grew 2.2% in the first quarter of 2018, year-on-year.... Read More