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LatinNews Regional Monitor: Brazil & Southern Cone - 29 March 2019

From LatinNews Daily
On 28 March, 250 tonnes of explosives were found during a Brazilian police raid on a storage container in Rio de Janeiro...
* 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...
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...
* 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...
From Latin American Weekly Report
A new regional integration promotion forum was launched last week in Chile...
President Jair Bolsonaro came to power promising a new way of doing politics, by putting an end to the pork-barrelling of the past and choosing appointments based on technical criteria rather than political affiliation or, indeed, experience...
Strained relations between the government led by President Mauricio Macri and the supreme court took a turn for the worse on 26 March when magistrates on Argentina’s top court voted to exempt pensioners from paying the impuesto a las ganancias, payroll tax...
It is not often that a government presiding over the most violent year on record eagerly anticipates an impending election...

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