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LatinNews Daily - 12 July 2019

Main Briefing
On 11 July Guatemala’s defence ministry (Mindef) announced it would heed the recommendation from the comptroller general’s office (CGC) and not proceed with the purchase of two Pampa III military planes from Argentina’s state-run aircraft manufacturing company Fábrica Argentina de Aviones (Fadea) for US$28m...
Andean
On 11 July Peru’s Prime Minister Salvador del Solar called for a broad dialogue between all interested parties over the development of the ‘Tía María’ copper mining project to avoid the re-sparking of a social conflict...
* The Peruvian government has signed an US$411m investment contract with the Chinese consortium Consorcio Yofc Network to lay 7,500km of fibre optic cables and improve broadband internet connection in four of Peru’s regions (Áncash, Arequipa, La Libertad, and San Martín)...
Brazil
On 11 July, Brazil’s President Jair Bolsonaro said that he was thinking about appointing his son Eduardo, currently a federal deputy, as the country’s ambassador to the US...
* International credit ratings agencies have reacted positively to the approval of Brazil’s pension reform proposal by the federal chamber of deputies in a first round of voting...
Central America & Caribbean
* The Dominican Republic’s energy & mining minister, Antonio Isa Conde, has presented a potential 14 oil and gas exploration blocks that the government plans to put up for tender to 26 companies from 11 countries...
Mexico
On 11 July Mexico’s central bank (Banxico) released a statement warning that the economy is slowing down “faster than anticipated” and that it could tip into recession...
*  German carmaker Volkswagen has announced that in 2020 it will begin the production of its new sports utility vehicle (SUV), the ‘Tarek’, at its assembly plant in Mexico’s eastern-central state of Puebla...
Southern Cone
On 11 July, Argentine journalist Marcelo Longobardi shared excerpts of his recent interview with President Mauricio Macri, in which the incumbent seeking re-election does not hold back on criticism of his political opponents...
* Argentina’s national institute of statistics (Indec) has released new figures which show that a total of 228,500 foreign tourists visited the country in May 2019, up 19.6% on the same month in 2018...

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