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LatinNews Daily - 01 November 2018
Main Briefing
Development: On 31 November, a local judge put the leader of Peru’s main opposition Fuerza Popular (FP, Fujimoristas) party, Keiko Fujimori, under preventative detention for 36 months as she awaits trial for money laundering and bribery charges.... Read More
Andean
* Colombia’s national statistics agency (Dane) has published its latest unemployment figures, which show that the national unemployment rate reached 9.5% in September, a 0.3 percentage point increase compared to same month last year.... Read More
Brazil
Development: On 31 October, Brazil’s incumbent agriculture minister, Blairo Maggi, and environment minister, Edson Duarte, both criticised President-elect Jair Bolsonaro’s plan to merge the agriculture and environment ministries into one entity.... Read More
* The World Bank has released its ‘Doing Business 2019’ report which shows that Brazil is the country in Latin America and the Caribbean that has most improved its ease of doing business (EODB) score in 2018.... Read More
Central America & Caribbean
Development: On 31 October a mission from the International Monetary Fund (IMF) concluded a week-long working visit to Nicaragua.... Read More
* Panama’s unicameral national assembly has given final approval to a 2019 draft national budget.... Read More
Mexico
Development: On 31 October, Mexico’s supreme court (SCJN) ruled, by four votes to one, that the total prohibition of recreational consumption of marijuana is unconstitutional as it contravenes the fundamental right for an individual to freely develop their personality.... Read More
* Fitch Ratings, the international credit ratings agency, has downgraded its outlook on Mexico’s ‘BBB+’ credit rating from ‘stable’ to ‘negative’.... Read More
Southern Cone
Development: On 31 October, Paraguay’s chamber of deputies formed a special commission tasked with analysing the request by the Ciudad del Este (CDE) municipal legislature for the national government to intervene in the CDE municipal administration led by Sandra McLeod.... Read More
* Chile’s anti-trust court (TDLC) has approved with some conditions the joint business agreements (JBAs) between Latam Airlines Group, American Airlines, and International Airlines Group (IAG, the holding company of British Airways and Iberia).... Read More
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- Keiko Fujimori under preventative detention in Peru
- In brief: Colombia
- Plan to merge ministries attracts criticism in Brazil
- In brief: Brazil
- IMF urges accord to resolve Nicaragua crisis
- In brief: Panama
- Mexico supreme court ruling sets precedent for marijuana use
- In brief: Mexico
- CDE intervention to be debated by Paraguay’s congress
- In brief: Chile