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LatinNews Daily - 31 October 2018

Main Briefing
Development: On 30 October, Bolivia’s former president, Carlos Mesa (2003-2005), of the opposition Frente Revolucionario de Izquierda (FRI) party, and the leader of the Soberanía y Libertad para Bolivia (Sol.bo) opposition group and current mayor of La Paz, Luís Revilla, came to an agreement to form an electoral alliance named ‘Ciudadan@s’ to contest the 2019 general election.... Read More
Andean
* Colombia’s finance ministry (Minhacienda) has announced the creation of a new government mission focused on developing capital markets in the country, to be headed by Roberto Rigobón, economist and professor at the Massachusetts Institute of Technology (MIT).... Read More
Brazil
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
Central America & Caribbean
Development: On 31 October President Salvador Sánchez Cerén arrived in Beijing for the start of an official visit to China, the first by a head of state from El Salvador.... Read More
* Cuba's Vice President Ricardo Cabrisas Ruiz, who doubles as the country’s economy & planning minister, has met with Russia’s Deputy Prime Minister Yuri Ivanovich Borisov during the XVI session of the intergovernmental Cuba-Russia commission held in Havana this week.... Read More
Mexico
Development: On 30 October, Mexico’s President-elect Andrés Manuel López Obrador’s designated deputy minister for human rights and migration, Alejandro Encinas, said that the incoming government would adopt a “new paradigm” with respect to drugs regulation.... Read More
* Mexico’s economy minister, Ildefonso Guajardo, has denied that the decision to cancel the Nuevo Aeropuerto Internacional de Méxcio (NAIM) infrastructure project will provoke an economic crisis in Mexico.... Read More
Southern Cone
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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