LatinNews Daily - 08 October 2018

Development: On 7 October, Brazil’s electoral court (TSE) released the results of the presidential election held that same day.... Read More

Development: On 7 October Peruvians went to the polls to elect 25 regional governors, 196 provincial mayors, and 1,875 district mayors.... Read More

* Ecuador’s national statistics institute (Inec) has released its latest inflation figures, which show that the consumer price index increased by 0.39% month-on-month in September.... Read More

* Brazil’s national statistics agency (IBGE) has released figures for the September consumer price index (IPCA), which show that inflation was up 0.48% on the August rate when monthly inflation registered an unexpected slow-down.... Read More

Development: On 5 October Costa Rica’s President Carlos Alvarado hailed the legislature’s approval the same day of his government’s proposed fiscal reform.... Read More

* El Salvador’s central bank (BCR) has reported that the country’s current account deficit of the balance of payments reached US$407.3m in the first half of 2018 due to the increase in deficits of goods and primary income.... Read More

Development: On 7 October Mexico’s President-elect Andrés Manuel López Obrador said that his incoming government would consider legalising the medicinal use of opium poppy as a way to help reduce the violence fuelled by drug trafficking in Mexico.... Read More

* According to the latest figures from Mexico’s national statistics institute (Inegi), local production of vehicles reached 2.95m units in the first nine months of 2018, up slightly on the 2.94m produced in the same period in 2017.... Read More

Development: On 7 October Paraguay’s President Mario Abdo Benítez arrived in Taiwan for a five-day official visit.... Read More

* International credit ratings agency Fitch Ratings has confirmed Uruguay’s Long-Term, Foreign-Currency Issuer Default Rating (IDR) at 'BBB' but has revised the rating outlook from 'stable' to 'negative'.... Read More

Central America: On 3 October a US federal judge, Edward Chen, issued a preliminary injunction blocking US President Donald Trump’s termination of the Temporary Protected Status (TPS) for immigrants from Haiti, El Salvador, Nicaragua, and Sudan.... Read More