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LatinNews Daily - 09 July 2019

Main Briefing
On 8 July, the US Department of Commerce announced that it is to impose countervailing duties (CVDs) on Mexican and Chinese fabricated structural steel imports...
Andean
On 8 July, Colombia’s prosecutor general’s office opened a disciplinary investigation into three top army generals...
* Colombia’s attorney general’s office has announced an agreement whereby it will recover Col$24bn (US$7.5m) corresponding to bribes paid by the Brazilian engineering company Odebrecht to secure the award of state contracts in the country. The first payment of Col$6.3bn was on 17 January 2019, with the next two instalments expected on 30 August and 31 January 2020...
Brazil
On 8 July, Brazil’s federal police (PF) arrested a father and son, suspected members of the ’Ndrangheta mafia from Italy’s southern Calabria region, at a beachside town in the state of São Paulo...
* Brazil’s anti-trust regulator, Cade, has issued fines to 11 companies and 42 individuals for operating as a ‘cartel’ in public bids for trains and metro infrastructure works in the states of São Paulo, Minas Gerais, Rio Grande do Sul, and the Federal District (Brasília)...
Central America & Caribbean
On 8 July, Costa Rica's President Carlos Alvarado and Finance Minister Rocío Aguilar signed a law which establishes a three-month moratorium on sanctions related to the value-added tax (VAT) which was introduced on 1 July. ..
* Guatemala’s central bank (Banguat) has released new figures which show that remittances in the first half of 2019 totalled US$4.93bn, up from US$4.39bn last year...
Mexico
* Mexico’s primary stock exchange, Bolsa Mexicana de Valores (BMV), has risen 0.42%.  Some attributed the increase to reduced liquidity in the market amid celebrations of US Independence Day on 4 July...
Southern Cone
On 8 July, Graciela Villar, recently announced as the vice-presidential candidate for Uruguay’s ruling Frente Amplio (FA) coalition, appeared on TV network Televisión Nacional Uruguay (TNU) to clear up allegations that she lied about her education credentials...
* Paraguay’s trade & industry ministry (MIC) has announced that Brazilian government has temporarily suspended the application of a 16% tariff on Paraguayan vehicle part imports for an unspecified time frame...

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