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LatinNews Daily - 16 July 2018

Main Briefing
Development: On 14 July Haiti’s President Jovenel Moïse accepted the resignation of Prime Minister Jack Guy Lafontant and his 18-member cabinet.... Read More
Andean
Development: On 13 July Peru’s justice minister, Salvador Heresi, tendered his resignation at the behest of President Martín Vizcarra over a corruption scandal embroiling senior magistrates in the national justice system.... Read More
Venezuela: Venezuela’s ambassador to the Organization of Petroleum Exporting Countries (Opec), Ángel González, has said that Venezuela produced 1.57m barrels of crude oil per day during the first six months of the year.... Read More
Brazil
Development: On 15 July O Estado de São Paulo, the Brazilian daily, published a study by LCA Consultores which shows that the number of Brazilian homes in which more than 75% of income comes from pensions grew by over 12% in the last year.... Read More
* Brazilian aerospace conglomerate Embraer SA, the third largest producer of civil aircraft in the world, has forecasted that global demand for new aircraft with a capacity of up to 150 seats, such as those produced by the firm, will reach 10,550 in the next 20 years, a business that would be worth US$600bn.... Read More
Central America & Caribbean
Panama: Panama’s President Juan Carlos Varela has ordered the Autoridad de los Servicios Públicos (Asep), the country’s public services regulator, to “immediately suspend” the increase in electricity tariffs for some consumers for the second half of 2018.... Read More
Mexico
Development: On 13 July Mexico’s President-elect Andrés Manuel López Obrador met a top-level delegation from the US government, led by Secretary of State Mike Pompeo, in Mexico City.... Read More
* Mexico’s state news agency Notimex has reported that Javier Jiménez Espriú, President-elect Andrés Manuel López Obrador’s proposed communications & transport minister, has announced that a national consultation will take place in October on what the incoming government (which takes office in December) should do with the construction of a new international airport for Mexico City (NAICM).... Read More
Southern Cone
Development: On 15 July Paraguay’s President-elect Mario Abdo Benítez instructed his government transition team to expedite all the investigations into government corruption allegations and present formal accusations to the public ministry where necessary.... Read More
Paraguay: The central bank (BCP) has published its latest monthly economic activity indicator (Imaep), which shows a 5.3% increase in May 2018 compared with May 2017.... Read More
Washington Watch
Argentina: On 11 June a New York court rejected an appeal put forward by the Argentine government in relation to the 2012 nationalisation of oil company Yacimientos Petrolíferos Fiscales (YPF), meaning that Argentina could face legal action in the US.... Read More

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