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LatinNews Regional Monitor: Andean Group - 10 September 2018

From LatinNews Daily
Development: On 9 September Venezuela’s foreign minister, Jorge Arreaza, condemned as “totally unacceptable” the reports in US media that US government officials have secretly met with Venezuelan military officers to try to promote a coup d’état against the government led by President Nicolás Maduro.... Read More
Colombia: Colombia’s President Iván Duque has said that his government will not resume the peace dialogue with the insurgent Ejército de Liberación Nacional (ELN) guerrillas until the guerrilla group releases all of its current hostages and shows “a real will for peace”.... Read More
From Latin American Economy & Business
Venezuela’s descent into hyperinflationary chaos accelerated in August.... Read More
As airplanes prepare to land at El Alto airport, passengers stare in awe at a colourful cluster of apartment blocks, amidst an ocean of dirt roads and adobe houses.... 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
As President Lenin Moreno has increasingly distanced himself from his predecessor, Rafael Correa, the current government's economic policy stance has become steadily more pro-market.... Read More
Metals prices, although showing some differing trends on the back of particular supply and demand trends in individual markets, have risen across the board over the past year.... 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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