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LatinNews Daily - 12 June 2019

Main Briefing
On 11 June, Argentina’s President Mauricio Macri announced that his vice-presidential running mate in the 27 October general will be Miguel Ángel Pichetto, the leader of the main opposition Partido Justicialista (PJ, Peronists) in the federal senate...
Andean
On 11 June, César Álvarez Aguilar, a former president of Peru’s north-western region of Ancash (2007-2014), was sentenced to eight years and three months in prison...
* The World Bank has announced the approval of a US$500m loan to support the Ecuadorean government’s prosperity plan...
Brazil
On 11 June, Brazil’s federal congress approved the release of R$248.9bn (US$64.54bn) in extra credit for the federal budget...
* Brazil’s national statistics institute (Ibge) has released figures for agricultural harvests, which show that the May 2019 cereal, legume and oleaginous crop is expected to yield 234.7m tonnes, a 3.6% increase on the yield of the May 2018 crop...
Central America & Caribbean
On 11 June, the Nicaraguan government led by President Daniel Ortega released 56 political prisoners...
* Following the conclusion of an Article IV consultation with the Dominican Republic (DR), the International Monetary Fund (IMF) has released a statement which says that it expects favourable economic prospects for DR...
Mexico
On 11 June, the head of government in Mexico City (CDMX), Claudia Sheinbaum, announced that new security measures will be revealed next week, in response to questions prompted by the recent kidnapping and murder of student Norberto Ronquillo...
* Infraestructura Marina del Golfo, a joint venture (JV) between TC Energía and IEnova, the local subsidiaries of US firms TC Energy Corporation and Sempra Energy respectively, has announced the completion of a major gas pipeline between the US and Mexico...
Southern Cone
* According to the latest figures from Paraguay’s central bank (BCP), the country’s exports in the first five months of 2019 reached US$5.5bn, down 9.5% on the same period in 2018...

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