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LatinNews Daily - 29 March 2019
Main Briefing
On 28 March, Nicaragua’s Frente Sandinista de Liberación Nacional (FSLN) government, led by President Daniel Ortega, and the opposition Alianza Cívica por la Justicia y la Democracia (ACJD) grouping announced that the talks over how to solve the country's political crisis, which began last month, would culminate on 3 April.... Read More
Andean
On 28 March, Venezuela’s comptroller general’s office barred the opposition figurehead and widely recognised interim president Juan Guaidó from holding any public post for the next 15 years.... Read More
* International credit ratings agency Fitch Ratings has affirmed Peru's Long-Term Foreign Currency Issuer Default Rating (IDR) at 'BBB+' with a 'stable' outlook.... Read More
Brazil
On 28 March, 250 tonnes of explosives were found during a Brazilian police raid on a storage container in Rio de Janeiro.... Read More
* Brazil’s infrastructure ministry has announced that Brazilian logistics company Rumo SA has won the bid for the 30-year concession agreement on the North-South Trainline (FNS) in an auction that took place in São Paulo’s stock exchange.... Read More
Central America & Caribbean
* Panama’s President Juan Carlos Varela announced that China has approved the first customs code for the export of beef, marking an important step forward for the “PanamáExporta” brand.... Read More
Mexico
On 28 March, US President Donald Trump threatened to close his country’s border with Mexico should the Mexican authorities fail to stop a new caravan of migrants that has set off from Central American on foot with the aim of seeking asylum in the US.... Read More
* The directorate of Mexico’s central bank (Banxico) has voted to hold the overnight interbank interest rate at 8.25%, its highest since August 2008.... Read More
Southern Cone
On 28 March, Argentina’s national statistics institute (Indec) released its latest poverty data, which showed that the urban poverty rate rose by 6.3 percentage points to 32% in the second quarter of 2018 compared to the same period the previous year.... Read More
* Uruguay’s central bank (BCU) has released new figures which show that the domestic economy grew by 1.6% in 2018 while GDP growth in the fourth quarter of 2018 was 0.6% year-on-year.... Read More
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- NICARAGUA: New deadline for talks to end
- VENEZUELA: Maduro moves against Guaidó
- In brief: Peru
- BRAZIL: Police seize large explosives cache in Rio
- In brief: Brazil
- In brief: Panama
- MEXICO: ‘Mother of all migrant caravans’ stokes tensions with the US
- In brief: Mexico
- ARGENTINA: Negative poverty figures add to Macri gov’t misery
- In brief: Uruguay