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LatinNews Daily - 08 January 2019

Main Briefing
Development: On 7 January the Guatemalan government led by President Jimmy Morales announced it would unilaterally terminate the mandate of the United Nations (UN)-backed International Commission Against Impunity in Guatemala (Cicig)...
Andean
Development: On 7 January Peru’s attorney general Pedro Chávarry announced that he would be tendering his resignation today (8 January)...
* Venezuela’s energy minister Manuel Quevedo has announced an agreement between Venezuela’s state-run oil firm Pdvsa and France’s Maurel & Prom (which is owned by Indonesia’s Pertamina Internasional EP) for a US$400m investment to boost the production of crude in Venezuela by 1m barrels (bpd) a day, to reach 2.5m bpd...
Brazil
Development: On 7 January, Brazil’s President Jair Bolsonaro and his new economy minister Paulo Guedes took part in the swearing in ceremony for the new presidents of Brazil’s state-run banks...
* The Brazilian association for meat exporting industries (Abiec) has reported record exports of 1.64m tonnes of beef in 2018, for a total value of US$6.57bn (an 11% and 7.9% increase on 2017 results respectively)...
Central America & Caribbean
* Panama’s government led by President Juan Carlos Varela has announced it will maintain price controls on 22 basic goods for the remaining six months of its term in office which began in July 2014...
Mexico
Development: On 7 January the secretary general of the Organisation for Economic Co-operation and Development (OECD), Mexico’s José Ángel Gurría Treviño, presented two reports urging the government led by President Andrés Manuel López Obrador to take “urgent action” to expand the fight against corruption...
* Mexico’s foreign ministry (SRE) and its economy ministry (SE) have signed an agreement to promote exports and attract foreign direct investment (FDI)...
Southern Cone
Development: On 7 January Uruguay’s centre-right opposition Partido Nacional (PN, Blancos) issued a statement rejecting the legitimacy of the Venezuelan government led by President Nicolás Maduro and criticising the Uruguayan government led by President Tabaré Vázquez for failing to follow the lead of its regional neighbours in moving not to recognise the Maduro government as legitimate...
* According to an official statement, Shell Argentina has announced to the Argentine government that it will begin the development phase of its large-scale oil and gas exploration process in the Sierras Blancas, Cruz de Lorena, and Coirón Amargo Sur Oeste blocs of the Vaca Muerta shale gas deposit, in the province of Neuquén...

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