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LatinNews Daily - 16 August 2019

Main Briefing
On 15 August three national deputies from Peru’s ruling Peruanos por el Kambio (PPK) party, including Vice President Mercedes Aráoz, announced they were abandoning the PPK congressional bench.... Read More
Andean
* Peru’s national statistics institute (INEI) has revealed new figures which show GDP growth in June 2019 was 2.62% in annual terms.... Read More
Brazil
On 15 August, the hashtag '#AbusoDeAutoridadeNao' was trending on Brazilian Twitter, as President Jair Bolsonaro was being asked to veto a bill approved by the federal chamber of deputies the previous day, known as the ‘abuse of authority law'.... Read More
* Paulo Guedes, Brazil’s economy minister, has said that Brazil could leave the Southern Common Market (Mercosur) trade bloc if hard-line Peronist Alberto Fernández and his running mate, former president Cristina Fernández (2007-2015), win Argentina’s presidential election in October and are not committed to opening the Argentine economy.... Read More
Central America & Caribbean
On 15 August Panama’s President Laurentino Cortizo said Colombia could face retaliatory measures due to its application of new tariffs on clothing and textiles.... Read More
* The European Union (EU) will invest €5.1m (US$5.7m) in the development of an intercity electric train that will run across 15 municipalities in Costa Rica.... Read More
Mexico
On 15 August, a fire at the Reclusorio Preventivo Varonil Oriente, a prison in the Iztapalapa district of Mexico City (CDMX), left at least three dead and seven people injured. ... Read More
* Mexico’s central bank (Banxico) has reduced its benchmark interest rate to 8% from 8.25%.... Read More
Southern Cone
On 15 August thousands of protesters took to the centre of Argentina’s capital Buenos Aires to demonstrate against the economic instability that has gripped the country in the four days since the heavy defeat in the party primary elections (Paso) suffered by President Mauricio Macri against the radical Peronist ticket comprising Alberto Fernández and former president Cristina Fernández (2007-2015).... Read More
* Argentina’s national statistics institute (Indec) has released new figures which show that monthly inflation for July was 2.2%, bringing the year-on-year total to 54.4%.... Read More

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