LatinNews Daily - 04 July 2018

Development: On 3 July Mexico’s presidential victor Andrés Manuel López Obrador held a meeting with President Enrique Peña Nieto in the national palace to discuss the five-month transition period.... Read More

Development: On 3 July Ecuador’s public prosecutor’s office announced that it had made a request to Interpol to have former president Rafael Correa (2007-2017) arrested in Belgium, where he currently lives with his family, for the purpose of extradition for his alleged involvement in the kidnapping of former opposition deputy Fernando Balda in 2012.... Read More

Peru: Peru’s economy & finance ministry (MEF) has announced the creation of an anti-corruption working group to promote transparency, ethics and integrity among its staff.... Read More

Development: On 3 July Eike Batista, once the richest man in Brazil and one of the wealthiest in the world, was sentenced to 30 years in prison for corruption.... Read More

*Brazil registered an accumulated trade surplus of US$30.055bn in the first half of 2018, down 17% on the same period last year, but still the second-highest since records began in 1989.... Read More

Development: On 3 July President Juan Carlos Varela promoted deputy economy & finance (MEF) minister Eyda Varela de Chinchilla to head up the portfolio.... Read More

El Salvador: El Salvador’s central bank (BCR) has released figures which show that foreign direct investment in the first quarter of 2018 was US$238.8m, up 42% on the same period in 2017.... Read More

*According to Alfonso Romo, Mexico’s President-elect Andrés Manuel López Obrador’s top economic adviser and chief-of-staff nominee, López Obrador and his team will hear the concerns of business leaders from the private sector lobby Consejo Coordinador Empresarial (CCE) at a meeting on 4 July.... Read More

Development: On 3 July Miguel Vásquez, a Santiago appeals court judge, sentenced nine retired military officials for the 1973 deaths and kidnappings of the singer-songwriter and political activist Víctor Jara and the then-national director of prisons Littré Abraham Quiroga Carvajal.... Read More

Argentina: According to local media, Argentina’s Finance Minister Nicolás Dujovne told a parliamentary commission that the country will need to borrow US$8bn in 2019, in addition to the US$50bn it has already agreed to borrow from the International Monetary Fund (IMF) over the next three years.... Read More