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LatinNews Regional Monitor: Mexico - 10 September 2018

From LatinNews Daily
Development: On 9 September the coordinator of the left-wing Movimiento Regeneración Nacional (Morena) in Mexico’s federal lower chamber of congress, Mario Delgado, accused five state governments of applying pressure to thwart the legislative agenda of incoming president Andrés Manuel López Obrador.... Read More
* Mexico’s President-elect Andrés Manuel López Obrador has said that he plans to increase the country’s oil production to 2.6m barrels per day (bpd) during his six-year term starting on 1 December, up from the current rate of 1.8m bpd.... Read More
From Latin American Economy & Business
A major breakthrough – or just another step in a long, complicated, and unfinished story? Broadly speaking, that was the reaction to the announcement on 26 August that Mexico and the United Stated had reached an agreement on renegotiating their trade rules, which they hoped Canada, the third member of the North American Free Trade Agreement (Nafta) might also be able to sign up to.... Read More
Presidents often have pet projects.... Read More
The UN’s Economic Commission for Latin America and the Caribbean (Eclac) in August published its latest economic outlook for the region, cutting back its 2018 GDP growth forecast to 1.5%, down from the 2.2% it had pencilled in last April.... Read More
In recent years, high oil prices have generally boosted economic performance in the region, via increased export earnings and stronger government spending.... Read More
In August international coffee prices dipped below two psychologically important floor levels: US$100 per bag, and US$1 per lb.... Read More

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