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LatinNews Daily - 10 October 2019
Main Briefing
On 9 October Ecuador’s President Lenín Moreno returned to the national capital, Quito, saying his government had established contact with representatives from the indigenous groups that have been leading protests against his government’s economic measures, to discuss the opening of a dialogue process.... Read More
Andean
* The World Economic Forum (WEF) has published the latest edition of its annual Global Competitiveness Report, which show Colombia climbed three positions in the global competitiveness ranking compared with 2018 to rank 57th out of 141 countries.... Read More
Brazil
On 9 October, Brazil’s federal chamber of deputies approved a bill which establishes the rules for the distribution between federal, state, and municipal entities of royalties from a tender for exploration concessions of the ‘pre-salt’ offshore oil fields.... Read More
* Brazil’s national statistics institute (Ibge) has released the latest figures for the national consumer price index (IPCA), which registered 0.04% deflation in September.... Read More
Central America & Caribbean
On 9 October Guatemala's President-elect Alejandro Giammattei called for the 13 supreme court (CSJ) justices to resign when their five-year terms end on 12 October.... Read More
* The Central American bank for economic integration (BCIE) has given two loans to the Nicaraguan government for a total of US$585.34m with the objective of strengthening the country’s competitiveness.... Read More
Mexico
On 9 October at least 25 state-run universities and 45 trade unions across Mexico staged a 24-hour strike, demanding greater funding in the 2020 national budget.... Read More
* Mexico’s national statistics institute (Inegi) has released its latest inflation figures which show that the national inflation was 3.% year-on-year in September 2019.... Read More
Southern Cone
On 9 October, Argentina’s Justice Minister Germán Garavano said on national radio station La Red that the supreme court (CSJN) “is so independent, it seems like the opposition”, in reference to some recent rulings going against the government. ... Read More
* The Paraguayan government has announced a US$290m bond issue in international markets to finance the expansion of two key highways: Route 2 and Route 7.... Read More
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- ECUADOR: Moreno scrambles for dialogue
- In brief: Colombia climbs up WEF Global Competitiveness Report
- BRAZIL: Congress passes bill on distribution of oil royalties
- In brief: Brazil sees negative inflation in September
- GUATEMALA: Giammattei calls for CSJ justices to resign
- In brief: BCIE signs two loans with Nicaragua
- MEXICO: Universities on strike over funding demands
- In brief: Mexico’s Inflation falls within Banxico target range
- ARGENTINA: Supreme court leaves challenges for next gov’t
- In brief: Paraguay issues infrastructure bond