LatinNews Regional Monitor: Andean Group - 03 August 2018

Development: On 2 August Venezuela’s President Nicolás Maduro announced that the government-controlled national constituent assembly (ANC) had repealed various laws imposing restrictions on foreign exchange and currency transactions.... Read More

Peru: Peru’s economy & finance minister, Carlos Oliva, has said that the government is revising up its GDP growth projections for 2018 to 4%, up from 3.6%, citing improved economic indicators.... Read More

Faced by continuing revelations of wrongdoing in the judiciary and elsewhere Peru’s President Martín Vizcarra took the bull by the horns, using the traditional state-of-the-nation address on independence day, 28 July, to announce a wide-ranging referendum on key anti-corruption reforms.... Read More

It was the political announcement that shocked Colombia: the most influential figure in national politics, Alvaro Uribe, former president (2002-2010) and main leader of the right-wing Centro Democrático (CD), had decided to abandon his senate seat in order to fight off a court case being brought against him by the supreme court.... Read More

Venezuela’s President Nicolás Maduro is under investigation as part of a US probe into a US$1.2bn scheme to divert money from the state oil company Pdvsa into European and US bank accounts and South Florida real estate, media reports have claimed.... Read More

BOLIVIA | GDP up in first quarter, but drought causes concern.... Read More