LatinNews Daily - 09 November 2018

Development: Mexico’s stock market index fell by 5.8% on 8 November after the leftist Movimiento Regeneración Nacional (Morena) of President-elect Andrés Manuel López Obrador presented a bill in the federal senate that would restrict commissions charged by banks.... Read More

Development: On 8 November, protestors from both Venezuela’s opposition and the pro-government chavistas took to the streets to demand yet again an improvement in public-sector salaries.... Read More

* Peru’s central bank has released a new report which shows the country’s exports in September 2018 reached US$3.8bn, down 12.6% on September 2017.... Read More

Development: On 8 November, 22 individuals were arrested in the Brazilian state of Rio de Janeiro, including elected state representatives, as part of an investigation into a kickback scheme in Rio de Janeiro’s state legislative assembly (Alerj). ... Read More

* Brazil’s council of coffee exporters (Cecafé) announced that coffee exports totalled a record 3.75m sacks in October (one sack = 60kg), a 29.1% year-on-year increase and a 20.1% monthly increase compared to September.... Read More

Development: On 8 November the Frente Sandinista de Liberación Nacional (FSLN) government led by President Daniel Ortega announced a legislative initiative introducing a new state policy of “reconciliation and peace”.... Read More

* Costa Rica’s national statistics institute (Inec) has released figures which show that the country’s national inflation rate reached 2.03% in October 2018, year-on-year.... Read More

* Mexico’s consumer price index (CPI) increased by 0.52% in October bringing annual inflation to 4.9%, according to the national statistics institute (Inegi).... Read More

Development: On 8 November thousands of people took to the street in Chile’s capital Santiago and across the country in a national strike called by the country’s main union, Central Unitaria de Trabajadores (CUT).... Read More

* Workers from Argentina’s state airline Aerolíneas Argentinas have resumed work after an 11-hour strike which resulted in the cancellation of over 250 national and international flights and left at least 31,000 passengers stranded in airports across the country.... Read More