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LatinNews Daily - 14 August 2018

Main Briefing
Development: On 13 August Walter Araujo, a founder of El Salvador's main right-wing opposition party Alianza Republicana Nacionalista (Arena), presented a request before the electoral authorities (TSE) calling for the party to be cancelled.... Read More
Andean
Development: On 13 August Venezuela’s President Nicolás Maduro announced during a televised address that petrol prices would go up.... Read More
Venezuela: The Organization of Petroleum Exporting Countries (Opec) has released its latest monthly oil production figures, which show that national crude production in Opec member Venezuela fell by 47,700 barrel per day (bpd) to 1.27m bpd in July.... Read More
Brazil
Development: On 13 August, Brazil’s former finance minister, Guido Mantega, was indicted for corruption and money laundering as part of ‘Operation Car Wash’, the biggest corruption investigation in Brazil’s history.... Read More
* Brazil’s national civil aviation agency (Anac) has successfully concluded negotiations with the United Kingdom, the Netherlands, and Luxembourg for the establishment of bilateral ‘open skies’ agreements.... Read More
Central America & Caribbean
Nicaragua: The Frente Sandinista de Liberación Nacional (FSLN) government led by Nicaragua's President Daniel Ortega, has sent down a proposal to the FSLN-controlled 92-member unicameral national assembly to cut the 2018 state budget.... Read More
Mexico
Development: On 13 August Mexico’s President-elect Andrés Manuel López Obrador defended his government’s proposed development plans for the national oil sector and said that they would not saddle Mexico with huge debts.... Read More
* Tourism sector activity in Mexico increased by 2.1% in the first quarter of the year compared with the same period in 2017, according to data released by the country’s national statistics institute (Inegi).... Read More
Southern Cone
Development: On 13 August Chile’s culture minister, Mauricio Rojas, resigned because of fierce criticism of his past comments relating to the 17-year dictatorship of General Augusto Pinochet (1973-1990).... Read More
Argentina: The central bank (BCRA) has increased its benchmark interest rate by five percentage points to 45%.... Read More

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