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LatinNews Regional Monitor: Brazil & Southern Cone - 21 March 2019

From LatinNews Daily
On 20 March, Brazil’s government led by President Jair Bolsonaro presented the federal congress with a draft bill for the reorganisation of the armed forces, proposing changes to the military social protection system (which includes pensions)...
* The monetary policy committee (Copom) of Brazil’s central bank (BCB) has held the Selic, its benchmark interest rate, at its record low of 6.5% for the eighth consecutive time...
On 20 March, Uruguay’s economy & finance minister, Danilo Astori, said that while the country’s domestic economy continues to grow “not everything is fine” and there are “many things that need to be corrected”...
* Argentina’s central bank (BCRA) has increased the interest rate of its short-term ‘liquidity notes’ (Leliqs) to 65.4%, the highest interest rate in five months, in its bid to try to stem the depreciation of the Argentine peso against the US dollar...
From Latin American Regional Report: Brazil & Southern Cone
This March edition of the Latin American Regional Report: Brazil & Southern Cone covers topics that are generating public debate in different countries...
Last year, Chile’s President Sebastián Piñera presented a bill modifying a law that has granted money to the armed forces for the purchase of weapons...
Since the arrival to power of the leftist Frente Amplio (FA) coalition, Uruguay has maintained a discreet discourse over the situation in Venezuela...
The simmering conflict over medical costs in Bolivia and Argentina reached boiling point in 2018 when the governor of Argentina’s north-western province of Jujuy, Gerardo Morales, presented draft legislation imposing fees on all foreigners benefitting from healthcare services in the province...
Civil society, businesses and governments know that plastic waste management is a serious issue that needs to be addressed as a matter of urgency...
Stagnant growth: On 28 February, Brazil’s national statistics institute (Ibge) released its GDP growth figures for 2018, which show that Brazil’s gradual economic recovery is continuing at a slow pace...

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