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LatinNews Daily - 28 February 2020

Main Briefing
On 27 February the local media cited United Nations resident coordinator in Guyana, Mikiko Tanaka, as underlining the need for political parties to accept the results of the 2 March general elections...
Andean
On 27 February, Colombia’s President Iván Duque condemned a report by the Office of the United Nations High Commissioner for Human Rights (OHCHR) on the country’s security crisis as “an interference in sovereignty”...
* The Venezuelan government has announced that private companies will be allowed to issue securities in foreign currencies, the latest step in the increasing deregulation of the Venezuelan economy...
Brazil
On 27 February, Brazil’s federal environmental regulator, Ibama, said that it had not found any evidence of leakage of pollutants in the sea, after a ship transporting iron ore bound for China ran aground off the coast of Maranhão state (Nordeste region) on the evening of 24 February...
* Brazil’s national treasury in the economy ministry has released its latest fiscal results, according to which the central government posted a R$44.124bn (US$9.835bn) primary surplus in January 2020, up 41% on the surplus registered in January 2019 (after adjustment for inflation)...
Central America & Caribbean
* The International Monetary Fund (IMF) has warned that Costa Rica’s large fiscal deficit is the main risk to macroeconomic stability, with the public debt projected to exceed 60% of GDP in 2020...
Mexico
On 27 February the Mexican government reported the first suspected case of coronavirus (Covid-19) in the country and warned that the deadly disease could rapidly spread across the country...
* Mexico’s national statistics institute (Inegi) has released the latest figures for unemployment, which show that the unemployment rate increased to 3.8% in January 2020, up from 3.6% in January 2019...
Southern Cone
On 27 February thousands of people took part in a march in the city of Buenos Aires to protest about an increase in food prices...
* Argentina’s country risk spread rose by 81 basis points to 2,187 in international financial markets on 27 February...

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