LatinNews Daily - 29 October 2018

Development: On 28 October, Jair Bolsonaro of the Partido Social Liberal (PSL) won Brazil’s presidential election with 55.13% of the valid vote, in the conclusion of a divisive and sometimes vicious campaign.... Read More

Development: On 26 October, two new leaked audio recordings from 8 and 11 May this year were published by Peruvian daily El Comercio, compounding evidence as to the involvement of the country’s attorney general, Pedro Chávarry, in an influence trafficking and corruption scandal.... Read More

* The president of Peru’s national tourism chamber (Canatur), Carlos Canales, has said that the construction of a second runaway at the ‘Jorge Chávez’ International Airport in Lima will bring new airlines and hotel chains to Peru.... Read More

* Paulo Guedes, a University of Chicago-trained economist, has already been confirmed as Brazil’s future economy minister by President-elect Jair Bolsonaro.... Read More

Development: On 26 October Honduran police used tear gas and water cannon to disperse hundreds of protesters demonstrating near the presidential palace in the capital, Tegucigalpa.... Read More

* The Costa Rican–American Chamber of Commerce (AmCham) has released a statement saying that Costa Rica’s political leaders need to implement additional measures alongside the government’s proposed fiscal reform to revive the national economy.... Read More

Development: On 28 October the organisers of the public consultation held on 25-28 October on the future of the project to build a brand-new international airport to service Mexico City (NAIM) announced that a majority of those that took part in the consultation had voted against it.... Read More

* The value of the Mexican peso fell to M$19.70/US$1 in local currency markets on 28 October following the announcement that the pubic consultation organised by President-elect Andrés Manuel López Obrador’s transition team over the building of a brand-new international airport to service Mexico City (NAIM) had delivered a vote against the project.... Read More

Development: On 26 October the executive board of the International Monetary Fund (IMF) announced that it has approved the proposed changes to the original Stand-By Agreement (SBA) that it had reached with the Argentine government back in June.... Read More

* Chile's President Sebastián Piñera has presented a plan to reform the country’s pension system with the aim of incentivising later retirement and more competition in the management of pension funds.... Read More

Argentina: On 19 October officials from the US and Argentine governments signed a joint statement following the second meeting of the US-Argentina Council on Trade and Investment under the Trade and Investment Framework Agreement (Tifa).... Read More