LatinNews Daily - 06 July 2020

On 5 July Gonzalo Castillo, the presidential candidate for the ruling Partido de la Liberación Dominicana (PLD), conceded defeat to Luis Abinader, the candidate for the main opposition Partido Revolucionario Moderno (PRM), following the general election which took place in the Dominican Republic (DR) the same day.... Read More

On 5 July, Peru’s congress voted to eliminate legal immunity for national legislators, as well as for the president, government ministers, and members of the constitutional court.... Read More

* Colombia’s national statistics institute (Dane) has released the country’s latest inflation figures, showing monthly deflation of 0.38% in June.... Read More

On 3 July, Brazilian prosecutors accused José Serra, a federal senator for the centre-right Partido da Social Democracia Brasileira (PSDB) and former foreign minister (2016-2017), of transnational money laundering.... Read More

* Brazil’s Economy Minister Paulo Guedes has said that a tax reform is “absolutely ready”, and will be sent to congress shortly.... Read More

* El Salvador’s President Nayib Bukele has postponed the second phase of the country’s economic reopening, due to a spike in coronavirus (Covid-19) cases.... Read More

On 5 July Mexico’s President Andrés Manuel López Obrador said that the arrest of the former director of the state-run oil firm Petróleos Mexicanos (Pemex), Emilio Lozoya, in Spain in relation to the bribery scandal involving the Brazilian engineering firm Odebrecht would pave the way for other implicated officials to be unmasked.... Read More

*The north-eastern state Nuevo León, one of Mexico’s industrial powerhouses, has implemented new restrictions on movement following an escalation in the number of deaths and hospitalisations caused by the coronavirus (Covid-19) in the state.... Read More

On 3 July there were violent protests in parts of Chile’s capital, Santiago, in rejection of the government’s efforts to address the economic crisis derived from the coronavirus (Covid-19) pandemic.... Read More

* Argentina’s economy ministry has announced that today (6 July) it will present before the US Securities and Exchange Commission (SEC) an amendment to its sovereign debt-restructuring offer, first tabled on 22 April.... Read More

Brazil: On 29 June the US Department of State confirmed that the US and Brazil will continue to work together against the coronavirus (Covid-19) pandemic that has severely impacted both countries.... Read More