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LatinNews Regional Monitor: Brazil & Southern Cone - 05 November 2018
From LatinNews Daily
Development: On 3 November, the Organisation of Islamic Cooperation (OIC) condemned Brazil’s President-elect Jair Bolsonaro’s decision to move the country’s embassy in Israel from Tel Aviv to Jerusalem.... Read More
* Brazilian economists speaking to national daily O Estado de São Paulo say that the country’s GDP could grow by more than 3% in 2019, if President-elect Jair Bolsonaro successfully pushes forward with the economic reforms he has promised, notably a pension reform and the sell-off of state-owned companies.... Read More
Development: On 4 November Chile’s President Sebastián Piñera announced he would send a letter to his French counterpart, Emmanuel Macron, in response to the decision by France’s office for the protection of refugees and stateless people (OFPRA) to authorise political asylum for Ricardo Palma Salamanca, a former member of the Frente Patriótico Manuel Rodríguez (FPMR) guerrilla group.... Read More
* Argentina’s central bank (BCRA) has released the latest instalment of its monthly survey of local economists, which shows a general consensus that the year-end inflation rate will reach 47.5%, 2.7 percentage points higher than forecast in October.... Read More
From Latin American Economy & Business
A series of reports point to modestly improving economic growth across Latin America as a whole in the last quarter of 2018 and extending into 2019.... Read More
In the 82-page powerpoint document that passes for Jair Bolsonaro’s plan for government, respect for private property features prominently.... Read More
In Argentine political culture IMF-supported austerity programmes are deeply unpopular, even toxic.... Read More
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Even before the victory of far-right candidate Jair Bolsonaro was confirmed on Sunday, several companies resumed their plans for initial share offers in late October after months of paralysis.... Read More
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YPF to boost investment: Yacimientos Petrolíferos Fiscales (YPF), the state-owned Argentine oil company, will invest between US$4bn and US$5bn each year until 2023 to boost its output, said chief executive Daniel González.... Read More
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