LatinNews Daily - 13 July 2018

Development: In a press briefing on 12 July, Gerry Rice, spokesperson for the International Monetary Fund (IMF), said that Haitian authorities were working on a revised reform plan which, the IMF believes, would still include a lowering of petrol fuel subsidies, albeit in stages.... Read More

Development: On 12 July representatives from the US, Mexico, Colombia, and Panama held a meeting in the Colombian city of Cartagena de Indias, in which they committed to increasing international cooperation and the exchange of information on the issue of government corruption in Venezuela.... Read More

Colombia: Colombia’s Vice President Óscar Naranjo has led the presentation of the annual report of the United Nations (UN), multi-partner, post-conflict fund for Colombia for 2017.... Read More

Development: Brazil’s government looks set to miss its fiscal deficit target as proposals approved by federal senators and deputies over the last few months kick in.... Read More

*Brazil’s national industrial confederation (CNI), a private sector lobby, has released a new study that found that the country has paid over US$2.8bn for public works projects this year that are currently paralysed.... Read More

Nicaragua: Thousands of Nicaraguans have taken to the streets in various departments across the country in the first of three days of public protest, calling for President Daniel Ortega to resign.... Read More

Development: On 12 July 30 of Mexico’s 32 state governors held a meeting with President-elect Andrés Manuel López Obrador in Mexico City during which they promised their support when he takes office in December.... Read More

*Mexico’s state news agency Notimex has reported Juan Carlos Zepeda, the president of the national hydrocarbons commission (CNH), the sector regulator, as saying that President-elect Andrés Manuel López Obrador has a “great opportunity” to transform Pemex, the state-owned oil company, if he adopts the “Chinese model”.... Read More

Development: On 12 July Argentina’s President Mauricio Macri announced that he has approved a 20% salary increase for members of Argentina’s armed forces.... Read More

Paraguay: Brazilian bank Itaú BBA has released its latest regional economic growth forecasts in which it highlights that it expects Paraguay to post 4% economic growth this year, the highest projected growth rate for the Southern Cone sub-region.... Read More