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LatinNews Daily - 19 July 2018

Main Briefing
Development: On 18 July the Organization of American States (OAS) approved a resolution which condemned the acts of violence in Nicaragua; called on all parts to participate “actively and in good faith” in a national dialogue; and urged the government led by President Daniel Ortega “to support an electoral calendar”.... Read More
Andean
Development: On 18 July Ángel Navas, the president of the Federación Venezolana de Trabajadores Eléctricos (Fetraelec), Venezuela’s main electricity sector workers’ union, announced that union members would stage an indefinite strike beginning on 23 July in protest at insufficient salaries.... Read More
Peru: Julio Velarde, the president of Peru’s central bank (BCRP), has said that Peru’s 2018 economic growth figures could be revised upwards.... Read More
Brazil
Development: On 18 July Judge Rosa Weber, the president of Brazil’s superior electoral tribunal (TSE), turned down a request to declare former president Lula da Silva (2003-2011) ineligible to run in October’s general election.... Read More
*Brazil’s health ministry has reported that it has detected 677 cases of measles in the country, all of which have been traced back to Venezuelan migrants that have been entering the country in droves in recent months, escaping the severe economic crisis in Venezuela, which has produced severe shortages in food, basic goods, and medicines.... Read More
Central America & Caribbean
Honduras: Honduras’s central bank (BCH) has released its latest economic growth figures which show the monthly indicator of economic activity (Imae) for May was up 3.8% year-on-year.... Read More
Mexico
Development: On 18 July Emilio Gamboa Patrón, the head of the Partido Revolucionario Institucional (PRI) bench in Mexico’s federal senate, said that his party is in favour of debating the ‘republican austerity’ economic plan proposed by President-elect Andrés Manuel López Obrador... Read More
*US President Donald Trump has stated his willingness to negotiate a new bilateral trade deal with Mexico.... Read More
Southern Cone
Development: On 18 July Argentina’s President Mauricio Macri conducted a televised press conference in which he admitted that the country is facing an “economic storm” that will affect growth prospects this year but insisted that the measures adopted by his government will get the country through this difficult period and lead to economic stability and growth in the medium term.... Read More
Uruguay: Figures from Faxcarne, a private organisation that monitors beef production in the Southern Common Market (Mercosur) countries, showed that Uruguay has almost used up his high-quality beef export quota to the European Union (EU), with only 11% of it remaining for the rest of the July-September period.... Read More

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