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LatinNews Regional Monitor: Brazil & Southern Cone - 31 October 2019

From LatinNews Daily
On 30 October, Brazil was left reeling from President Jair Bolsonaro’s outburst in a video he posted on social media late the previous night, after national broadcaster TV Globo reported that he had been cited in the investigation into the murder of Rio de Janeiro city councillor Marielle Franco. ... Read More
* The monetary policy committee (Copom) of Brazil’s central bank (BCB) has cut the country’s benchmark interest rate, the Selic, by 0.5 percentage points to 5%.... Read More
On 30 October, Chile’s President Sebastián Piñera announced that the country would no longer host the Asia-Pacific Economic Cooperation (Apec) meeting in November nor the 25th Conference of the Parties (COP25) climate summit in December, as his government focuses on quelling unrest and responding to citizen demands. ... Read More
* Argentina’s central bank (BCRA) has lowered its minimum benchmark interest rate, the Leliq, by five percentage points to 63%, as it seeks to reduce inflation and promote economic activity amid “the current context of high uncertainty”.... Read More

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