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LatinNews Daily - 02 November 2018

Main Briefing
Development: On 1 November, US President Donald Trump signed an executive order imposing new economic sanctions to Venezuela’s gold industry.... Read More
Andean
* Colombia’s President Iván Duque has defended the fiscal reform proposal that his government has presented to the national congress for debate.... Read More
Brazil
Development: On 1 November, federal judge Sérgio Moro announced that he had accepted Brazil’s President-elect Jair Bolsonaro’s invitation to be his justice minister.... Read More
* The São Paulo stock exchange (Bovespa) rose by 1.14% on 1 November, and its Ibovespa index closed the day at a historical high of 88.419 points.... Read More
Central America & Caribbean
Development: At least three people were injured when Haitian police fired upon hundreds of protesters in the capital Port-au-Prince on 1 November.... Read More
* The president of Costa Rica’s central bank (BCCR), Rodrigo Cubero, has announced that the bank’s board has decided to increase its benchmark interest rate by 0.25 basis points to 5.25%.... Read More
Mexico
Development: On 1 November, the first caravan of Central American migrants heading towards the US, which entered Mexico last 19 October, reached the town of Matías Romero in Oaxaca state.... Read More
* Mexico’s central bank (Banxico) announced that the country received US$2.7bn in remittances from Mexicans residing abroad, principally in the US, in September, an 8.8% increase on September 2017.... Read More
Southern Cone
Development: On 1 November Javier Miranda, the president of Uruguay’s leftist ruling Frente Amplio (FA) coalition, said that if Brazil’s President-elect Jair Bolsonaro seeks to establish an authoritarian government, Uruguay should break off all relations with Brazil.... Read More
* Argentina’s tax authority (Afip) has reported that the national tax-take reached Ar$312.5bn (US$8.53bn) in October, a 42.2% year-on-year increase.... Read More

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