LatinNews Regional Monitor: Brazil & Southern Cone - 06 December 2018

Development: On 5 December municipal government employees in Paraguay’s Ciudad del Este (CDE) confronted the police and tried to stop the newly designated caretaker CDE mayor from entering the municipal government building. ... Read More

Development: On 5 December, Brazil’s national statistics institute (IBGE) revealed that the number of Brazilians who live in poverty has increased by 2m from 2016 to 2017.... Read More

* The board of Brazil’s state-owned oil company Petrobras has approved its 2019-2023 Business and Management Plan, according to which the company will invest US$84.1bn in productive activities over the next five years, almost US$10bn more than during the last five-year period.... Read More

* Argentina’s central bank (BCRA) has announced changes to the monetary policy strategy that it introduced back in September with the assistance of the International Monetary Fund (IMF) to counteract the domestic currency crisis and bring inflation under control.... Read More