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LatinNews Regional Monitor: Brazil & Southern Cone - 10 October 2018

From LatinNews Daily
Development: On 9 October, Brazil’s numerous political parties began announcing where their support will lie for the 28 October presidential run-off between Jair Bolsonaro of the Partido Social Liberal (PSL) and Fernando Haddad of the Partido dos Trabalhadores (PT). ... Read More
* Norwegian metal company Norsk Hydro has announced that it will resume operations at half capacity in its Alunorte alumina refinery, located in Brazil’s northern state of Pará.... Read More
Development: On 10 October the head of Paraguay's tax authority (SET), Fabián Domínguez, announced that the SET had opened an internal investigation into the allegations of tax evasion affecting Senator Javier Zacarías Irún and the previous SET administration’s failure to detect this.... Read More
* Paraguay’s central bank (BCP) has released a new report which shows that the country recorded a trade surplus of US$977.6m for the period January-September 2018.... Read More
From Latin American Economy & Business
Argentina’s economy had a terrible month in September.... Read More
The first round of what are possibly the most controversial and unpredictable Brazilian presidential elections in the last three decades will be held on 7 October.... Read More
Whoever wins the presidency will face major challenges to get the economy back on a growth path.... Read More
Governments across Latin America and the Caribbean spend a lot of money, but there is significant waste and inefficiency in the way they do it.... Read More
Central bank interest rates in three Andean countries (Chile, Peru, and Colombia) could be about to begin moving up, heralding a new monetary tightening cycle.... Read More
Higher global oil prices have benefitted state-run oil company Petrobras’ underlying accounts, generating a higher second-quarter profit, even while underlying production volumes have disappointed.... Read More
Rockhopper Exploration has given renewed signs of optimism about the prospect of eventually beginning exploration as part of the Sea Lion project in the Falkland Islands.... Read More
Walmart buys Cornershop: US based retail chain Walmarket International said it was buying online grocery company Cornershop, which has a strong presence in Mexico and Chile, for US$225m.... Read More

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