LatinNews Regional Monitor: Brazil & Southern Cone - 25 July 2019

On 24 July, Brazil’s President Jair Bolsonaro announced a series of measures which the government says will inject R$42bn (US$11bn) into the economy over the next two years.... Read More

* Brazil’s state-owned oil company Petrobras has successfully completed the sale of its upstream assets in shallow waters in the Campos basin (off the coast of Rio de Janeiro state) and Santos basin (off the coast of São Paulo state) for a combined US$1.5bn.... Read More

On 24 July the head of Paraguay’s state-owned electricity firm (Ande), Pedro Ferreira, tendered his resignation.... Read More

* Credit ratings agency Moody’s Investor Service has warned of Argentina’s “weak economy”, citing increasing uncertainty around the government’s ability to continue to implement structural reforms and to sustain its commitment to addressing fundamental macroeconomic imbalances in the period following the national elections on 27 October.... Read More