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LatinNews Regional Monitor: Brazil & Southern Cone - 31 October 2018

From LatinNews Daily
Development: On 30 October, it was confirmed that Brazil’s president-elect, Jair Bolsonaro, will go ahead with plans to shrink the state by merging ministries in his new government, which will take office on 1 January 2019. ... Read More
* Brazil’s national statistics institute (IBGE) has released the latest figures on unemployment, which show that the unemployment rate for July to September has decreased compared to the previous quarter, from 12.4% to 11.9%.... Read More
Development: On 30 October Paraguay’s national congress formally installed a bicameral investigative commission tasked with investigating the money laundering and corruption allegations centred around Brazilian businessman, Darío Messer.... Read More
* Argentina’s central bank (BCRA) has announced that it has received an instalment of US$5.63bn from the International Monetary Fund (IMF), following the 26 October approval by the IMF Executive Board of new terms for the Stand-By Agreement (SBA) reached with the Argentine government.... Read More

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