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LatinNews Regional Monitor: Brazil & Southern Cone - 25 February 2019

From LatinNews Daily
On 24 February, Brazil’s foreign ministry released a note condemning the acts of violence taking place on Venezuela’s borders with both Colombia and Brazil, and attributed responsibility for them to Nicolás Maduro, the leader of the Venezuelan government now considered illegitimate by much of the international community. ..
* Brazil’s national statistics institute (IBGE) has released the results of its national household survey (PNADC), which show that 13 state capitals recorded the highest levels of unemployment in seven years in 2018...
On 25 February, Argentina's former president Cristina Fernández de Kirchner (2007-2015) is scheduled to appear for questioning in one of seven legal cases in which she is implicated...
* Paraguay’s central bank (BCP) has reduced its monetary policy rate by 25 basis points to 5%...
From Latin American Economy & Business
Brazil’s central bank held its benchmark interest rate unchanged on 6 February and signalled that congress needs to pass austerity measures before borrowing costs can fall...
A gap is opening up between Brazilians’ economic expectations and current conditions, including the job market and family finances...
..
Over 165 people have died, while scores remaining missing, presumed dead, after the collapse of a tailings dam operated by Vale near Brumadinho, Minas Gerais...
There are strong arguments in favour of converting Latin America to use electric vehicles (EVs), rather than petrol-burning ones...

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