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LatinNews Regional Monitor: Brazil & Southern Cone - 10 May 2019

From LatinNews Daily
Cristina Fernández, Argentina’s former president (2007-2015), launched her new book on 9 May in front of an unprecedented crowd at the Buenos Aires International Book Fair, Feria del Libro...
On 9 May, a mixed committee of deputies and senators in Brazil’s federal congress approved a presidential decree which reorganises the ministerial structure of the executive branch, but with some significant changes...
* Brazilian mining giant Vale has reported net losses of US$1.64bn for the first quarter of 2019, and its first ever negative Ebitda (adjusted earnings before interest, taxes depreciation and amortization) totalling a negative of US$652m for this period, a consequence of the rupture of a tailings dam at an iron ore mine in Brumadinho, Minas Gerais state, last January...
* The Uruguayan branch of multinational consultancy Deloitte has published their 19th survey of business expectations, with statistics gathered from 360 business executives from across the country...
From Latin American Weekly Report
Argentina’s President Mauricio Macri invited leaders of the opposition, including his arch rival former president Cristina Fernández (2007-2015), chambers of commerce, trade unions, and religious organisations on 6 May to discuss and implement a 10-point accord designed to assuage the concerns of the markets ahead of October’s presidential elections, and revive faith in the country’s faltering economy...
The economic optimism with which Brazil’s President Jair Bolsonaro and Economy Minister Paulo Guedes were ushered in at the beginning of the year has been tempered by disappointing growth, persistently high unemployment, and political stasis...
Hundreds of secondary school and university students, as well as teachers, have taken to the streets this week in cities across Brazil to protest recently announced cuts to the country’s education system...
Miguel Prieto was declared the virtual winner of the 5 May mayoral by-election held in Ciudad del Este (CDE), Paraguay’s second city...
CHILE | Piñera backs four day working week...
Following the controversy sparked by Chile’s President Sebastián Piñera’s entourage on his Asian tour [WR-19-17], he has decided to cancel a trip to Europe scheduled for next week...

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