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LatinNews Daily - 23 January 2019

Main Briefing
Development: On 22 January, Eugenio Chicas, the former spokesperson (2015-2018) for El Salvador's ruling left-wing Frente Farabundo Martí para la Liberación Nacional (FMLN), resigned from the party...
Andean
Development: On 22 January Venezuela’s President Nicolás Maduro ordered “a complete revision of relations with the US government” after US Vice President Mike Pence released a video branding him a dictator and extending support to Venezuelans the day before a large protest march called by the political opposition...
* Peru’s national statistics institute (Inei) has released new figures which show that 4.85m people were in employment in the  Lima metropolitan area in 2018 - a 0.8% year-on-year increase...
Brazil
Development: On 22 January, Brazil’s President Jair Bolsonaro delivered a special address on the opening day of the annual World Economic Forum (WEF) meeting in Davos, Switzerland...
* Saudi Arabia has approved 25 Brazilian establishments for the export of chicken meat to the Arab country, five less than last year...
Central America & Caribbean
* Nicaragua’s central bank (BCN) has published its latest monthly economic activity index (Imae) for October 2018, which showed a -6% fall in activity compared with the same month in 2017. The BCN recorded an average rate of -1% annual variation...
Mexico
Development: On 22 January, a group of teachers affiliated to the Coordinadora Nacional de Trabjadores de la Educación (CNTE) teachers’ union staged a seventh day of public demonstrations in Mexico’s western Michoacán state, blocking railway lines in seven different parts of the state...
* Mexico received US$32bn in foreign direct investment (FDI) in 2018, up from US$29bn in 2017, according to figures from the United Nations Conference on Trade and Development (UNCTAD) released on 21 January...
Southern Cone
Development: On 22 January, Uruguay’s leftist Frente Amplio (FA) coalition government denounced calls from the opposition Partido Nacional (PN, Blancos) to release additional government funds to address the “emergency” in departments currently affected by flooding as “opportunistic”...
* Argentina’s national statistics institute (Indec) has released new figures which show the country’s exports reached US$61.62bn in 2018, up 5.1% on 2017, while imports reached US$65.44bn – a 2.2% decrease...

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