LatinNews Daily - 18 October 2018

Development: On 17 October thousands of Haitians took to the streets across the country in anti-corruption protests.... Read More

Development: On 17 October Peru’s interior minister, Mauro Medina, tendered his resignation.... Read More

* Colombia’s bicameral national legislature has approved a naitonal budget for 2019 for Col$258.9trn (US$84.4bn).... Read More

Development: On 17 October, NGO Amnesty International (AI) expressed its concerns regarding the wave of electoral violence in Brazil in the context of the presidential election, the second round of which is due to take place on 28 October, and urged the Brazilian state to take action to prevent and investigate such incidents.... Read More

* Brazil and Mexico have announced their intention to create a Mexico-Brazil business council, with the aim of bringing together business leaders from both countries, and of reinforcing their trade and economic relations.... Read More

* Nicaragua’s central bank (BCN) has released figures which show that GDP contracted by 3.9% in August 2018 compared with the same month in 2017.... Read More

Development: On 17 October, Mexico’s President-elect Andrés Manuel López Obrador waded in to the controversy surrounding a migrant caravan of Honduran nationals currently making its way to the US by saying that his government would implement a system of work visas for Central American migrants.... Read More

* Mexico’s Finance Minister José Antonio González Anaya and US Treasury Secretary Steven Mnuchin have announced a new Memorandum of Understanding (MoU) to update both governments’ Exchange Stabilization Agreement (ESA) – a framework for a financial support facility between the two governments.... Read More

Development: On 17 October Argentina’s finance minister, Nicolás Dujovne, said that the rapid acceleration of the national inflation rate in September was transitory and he insisted that it would now start trending down.... Read More

* A survey conducted by Focus Economics, an economic consultancy firm, found that the consensus view among economists is that Uruguay's GDP will grow by 2.2% this year, down from 2.7% previously.... Read More