LatinNews Daily - 03 August 2018

Development: In an extraordinary session on 2 August, the Permanent Council of the Organization of American States (OAS) approved a resolution to create a working group on Nicaragua to “contribute to peaceful and sustainable solutions”.... Read More

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Venezuela’s President Nicolás Maduro announced that the government-controlled national constituent assembly (ANC) had repealed various laws imposing restrictions on foreign exchange and currency transactions....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

Development: On 2 August, two of the main candidates running for the presidency in Brazil’s 7 October general election announced the names of their vice-presidential running mates, while a third presidential candidate confirmed his candidacy.... Read More

* Brazil’s national statistics institute (IBGE) has released new economic figures which show that industrial activity in the country increased by 13.1% in June compared with May.... Read More

Panama: On 2 August Panama’s national tourism authority (ATP), a government agency, reported that fewer tourists are visiting Panama.... Read More

Development: On 2 August Mexico’s President-elect Andrés Manuel López Obrador said that his incoming government, which is due to take office on 1 December, will seek to balance the country’s trade with China. ... Read More

* Luis Enrique Méndez, the director of the offices division of international real estate firm Colliers International, has warned that the majority of Mexican cities lack the necessary office space and infrastructure to house federal ministries.... Read More

Development: On 2 August Carlos Wagner, the CEO of local construction firm Esuco and a former president of Argentina’s construction chamber, turned himself in to the authorities.... Read More

Chile: Sindicato Escondida 1, the union representing miners from ‘Escondida’, the world’s largest copper mine (which is majority owned by Australia-based mining company BHP Billiton), has voted overwhelmingly against the latest remuneration package offered by BHP.  Of the estimated 2,300 votes cast in an internal vote by the union, 1,955 workers rejected the company’s offer, while 370 accepted the package.... Read More