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LatinNews Regional Monitor: Brazil & Southern Cone - 22 June 2018

From LatinNews Daily
Development: On 21 June, Brazil’s state-controlled oil company, Petrobras, suffered a major defeat in the country’s superior labour court (TST). Significance: The defeat is a blow for the company at the end of a largely positive week.... Read More
* The Brazilian association of animal protein (ABPA), which groups together livestock producers, has released new figures which show that Brazil exported 1.61m tonnes of chicken meat in the first five months of the year, 8.5% less than in the same period in 2017.... Read More
Development: On 21 June, during a swearing-in ceremony for his new energy and production ministers, Argentina’s President Mauricio Macri celebrated the decision by the index provider Morgan Stanley Capital International (MSCI) to upgrade the country from the status of frontier market to emerging market.... Read More
Argentina: Argentina’s national statistics institute (Indec) has released its latest economic figures, which show that the unemployment rate in the country’s 31 main urban areas stood at 9.1% in the first quarter of the year.... Read More
From Latin American Weekly Report
Argentina’s President Mauricio Macri performed political surgery this week in a bid to arrest the unrelenting depreciation of the peso.... Read More
Interest groups normally lobby presidential hopefuls ahead of elections.... Read More
Widespread protests against insecurity have broken out in recent weeks across Uruguay.... Read More

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