LatinNews Regional Monitor: Brazil & Southern Cone - 30 August 2018

Development: On 29 August Argentina’s President Mauricio Macri announced that his government has asked the International Monetary Fund (IMF) to give it a new advance of the US$50bn credit line it secured with the organisation to help restore market confidence in the Argentine economy.... Read More

Development: On 29 August, four of Brazil’s thirteen presidential candidates in the 7 October general election took part in an event organised by the national agriculture confederation (CNA) in Brasília, during which they criticised protectionism and defended the importance of free trade for the expansion of the country’s agroindustry.... Read More

* Brazil’s President Michel Temer indicated in a radio interview that his government might consider restricting the arrival of Venezuelan migrants in the country, through the use of a ticketing system.... Read More

Uruguay: Uruguay’s central bank (BCU) has intervened in the local currency market for the first time since June to stem the appreciation of the US dollar against the Uruguayan peso.... Read More