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LatinNews Daily - 08 July 2020
Main Briefing
On 7 July, Venezuela’s Supreme Court (TSJ) suspended the board of directors of opposition party Voluntad Popular (VP), transferring interim leadership of the party to to Deputy José Noriega, who had been expelled from the party in December 2019.... Read More
Andean
* Bolivia’s economy minister, José Luis Parada, has resigned, citing “personal issues”.... Read More
Brazil
On 7 July, various political leaders and critics of President Jair Bolsonaro in Brazil expressed their hope that the president’s positive coronavirus (Covid-19) diagnosis, announced the same day, would mark a shift in his negationist attitude towards the disease. ... Read More
* Brazil’s São Paulo stock exchange (Bovespa) has interrupted four consecutive sessions of growth, falling 1.19% yesterday (7 July).... Read More
Central America & Caribbean
On 7 July the medical association (CMD) of the Dominican Republic (DR) recommended that the government reintroduce a state of emergency in provinces which have seen a particular rise in coronavirus (Covid-19) infections in recent days.... Read More
* Costa Rica’s central bank (BCCR) has released GDP figures for the first quarter of 2020, which show that GDP grew 0.8% compared with the same period in 2019 – a marked decline on the 2.6% average growth of the previous two quarters.... Read More
Mexico
On 7 July, Mexican migrant organisations in the US published an open letter addressed to Mexico’s President Andrés Manuel López Obrador, asking him not to meet his US counterpart Donald Trump at the White House today (8 July) as planned.... Read More
* In its Employment Outlook report for 2020, the Organisation for Economic Co-operation and Development (OECD) has estimated that unemployment in Mexico reached 7.2% in the second quarter of the year.... Read More
Southern Cone
On 7 July Argentina’s economy minister, Martín Guzmán, said that the government will consider sealing only a partial debt restructuring agreement with foreign bondholders, if it fails to secure a global agreement by reaching a deal with a sufficient number of the holders of US$66bn worth of Argentine sovereign bonds.... Read More
* Chile’s health minister Enrique Paris has announced that the government is working on “a plan to start gradually, little by little, step by step, moving forward on a future strategy of ending lockdown”.... Read More
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- VENEZUELA: Opposition faces electoral exclusion
- In brief: Bolivia’s economy minister resigns
- BRAZIL: Country reacts after Bolsonaro tests positive for Covid-19
- In brief: Stock exchange falls in Brazil after Bolsonaro’s Covid-19 diagnosis
- DOMINICAN REPUBLIC: Gov’t under pressure to reimpose restrictions
- In brief: Costa Rica’s Q1 GDP registers poor growth
- MEXICO: López Obrador faces public pressure to cancel Trump meeting
- In brief: OECD warns of unemployment in Mexico
- ARGENTINA: Considering a partial debt restructuring deal
- In brief: Hesitation over lifting lockdown measures in Chile