LatinNews Regional Monitor: Brazil & Southern Cone - 14 January 2020

On 13 January Bruno Covas, the mayor of the Brazilian city of São Paulo, sanctioned a law that bans single-use plastic products in commercial establishments.... Read More

* The government-led Instituto de Pesquisa Econômica Aplicada (Ipea) in Brazil has released the latest figures for its gross fixed capital formation indicator (FBCF), which show that investments in November 2019 decreased by 1% compared with October 2019 (seasonally adjusted), and by 1.8% compared with November 2018.... Read More

On 13 January bonds issued by the most populous province in Argentina, the province of Buenos Aires, fell by over 10% after the country’s economy minister Martín Guzmán said that the national government would not help finance a US$250m debt payment owed by the provincial government which falls due on 26 January.... Read More

* Uruguay’s national statistics institute (INE) has published new figures that show that industrial production fell by 3.3% year-on-year in November 2019.... Read More

Alberto Fernández was sworn in as Argentina’s new president on 10 December 2019, marking a return to the Left and to Peronism after four years of centre-right rule under Mauricio Macri.... Read More

Jair Bolsonaro has completed his first year as president of Brazil claiming success on the public security front, an assertion based largely on falling crime rates.... Read More

As the known involvement in corruption of a number of high-profile public officials in Paraguay, former and current, has returned to the fore, pressure is growing on the administration of President Mario Abdo Benítez to crack down on the crime, with the US being particularly vocal on the matter.... Read More

Uruguayan anti-narcotics authorities were delivered a belated Christmas present on 26 and 27 December 2019 in the form of two massive cocaine seizures, together totalling around six tonnes (t).... Read More