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LatinNews Daily - 20 August 2019
Main Briefing
On 19 August, Pedro Alliana, the president of Paraguay’s national chamber of deputies, announced that the motion to subject President Mario Abdo Benítez and Vice President Hugo Velázquez to impeachment proceedings will be debated by the chamber this week, adding that he expected that it would be rejected.... Read More
Andean
On 19 August, Bolivia’s medical association and the national health commission (Conasa) began an indefinite strike.... Read More
* Ecuador’s state-owned oil company Petroamazonas EP has announced that oil production in the Ishpingo-Tambococha-Tiputini (ITT) oilfield complex (located within the protected Yasuní national park) has reached a record 80,012 barrels per day.... Read More
Brazil
On 20 August, Brazil’s central bank (BCB) issued a statement confirming that a presidential decree would transfer the responsibilities of the council of control of financial activities (Coaf) to the BCB, where it will henceforth be known as the unit of financial intelligence (UIF).... Read More
* The US dollar has strengthened against the Brazilian real and was up to R$4.068/US$1 at the end of 19 August.... Read More
Central America & Caribbean
On 19 August, Panama’s foreign minister, Alejandro Ferrer, announced that the government led by President Laurentino Cortizo had reached a commitment with France to work together to remove Panama from France’s list of tax havens.... Read More
* Costa Rica’s presidency has revealed plans by the civil aviation technical council (Cetac) and the civil aviation authority (DGAC) to invest over ₡90.8bn (US$159m) in airport infrastructure between 2019-2020 for both local airfields and international airports.... Read More
Mexico
On 19 August, federal senators in Mexico's ruling left-wing Movimiento Regeneración Nacional (Morena) party voted to replace the current president of the senate, Martí Batres, who had sought a second year at the helm.... Read More
* The Yucatán state government has confirmed that in November Uchiyama Manufacturing Corporation (UMC) will begin constructing a car parts factory based in Hunucmá municipality, Yucatán.... Read More
Southern Cone
* Chile’s central bank (BCCh) has released new figures which show GDP growth for the second quarter of 2019 was 1.9% year-on-year.... Read More
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- PARAGUAY: Impeachment crisis comes to a head
- BOLIVIA: Health sector on strike
- In brief - Oil production surpasses 80,000 barrels per day in Ecuador oilfield
- BRAZIL: Bolsonaro decrees transfer of financial watchdog to central bank
- In brief - US dollar up against Brazilian real
- PANAMA: Panama announces tax transparency agreement with France
- In brief – Costa Rica announces new investment in airports
- MEXICO: Ruling party descends into vicious infighting
- In brief - UMC to open new car parts factory in Yucatán, Mexico
- In brief – Chile’s GDP growth 1.9% in second quarter