LatinNews Daily - 04 October 2018

Development: On 3 October various legislators, the national ombudsman, and private sector lobbies condemned an attempted attack on Costa Rica’s President Carlos Alvarado by protesters.... Read More

Development: On 3 October Peru’s supreme court (CSJR) annulled the presidential pardon issued last year in favour of disgraced former president Alberto Fujimori (1990-2000) and ordered him to return to prison to serve out the rest of his 25-year sentence for human rights violations.... Read More

Peru’s energy & ministry (MEM) has released a report which reveals that investment in the mining sector in the first eight months of 2018 was up 25.2% to reach US$2.75bn.... Read More

Development: On 3 October, presidential candidate Ciro Gomes of the Partido Democrático Trabalhista (PDT) mocked far-right candidate Jair Bolsonaro of the Partido Social Liberal (PSL) and challenged him to take part in the final televised debate ahead of Brazil’s 7 October presidential election.... Read More

Norwegian metal company Norsk Hydro has announced the temporary suspension of all of its operations in Alunorte, the world’s biggest alumina refinery located in the Brazilian state of Pará, and in the nearby bauxite mine, Paragominas.... Read More

In a statement following a recent visit to Panama, the International Monetary Fund (IMF) stated that “Despite temporarily slowing in 2018, the economy is poised for a rebound in the near term and will remain among the most dynamic in Latin America”.... Read More

Development: On 3 October, Mexico’s future foreign minister Marcelo Ebrard met national legislators from President-elect Andrés Manuel López Obrador’s Movimiento Regeneración Nacional (Morena) party and invited them to ratify the new deal that will replace the North American Free Trade Agreement (Nafta).... Read More

Mexico’s national iron and steel chamber (Canacero) has warned that it faces a dire situation as result of the steel imports tariffs imposed by the US.... Read More

Development: On 3 October the Argentine government’s cabinet chief, Marcos Peña, defended the government’s proposed 2019 draft budget in the federal congress insisting that embracing fiscal responsibility would help Argentina to overcome its current economic problems.... Read More

Uruguay’s national statistics institute (INE) has released the latest inflation figures which show inflation in September 2018 was up 0.50% on the previous month, bringing the accumulated rate this year to 7.73% and the year-on-year rate to 12.2%.... Read More