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LatinNews Daily - 07 August 2020
Main Briefing
On 6 August Costa Rica’s President Carlos Alvarado warned that unless measures are taken to reduce the central government’s salary bill, his administration could run out of cash. ... Read More
Andean
On 6 August, Peru’s President Martín Vizcarra appointed Walter Martos as his new prime minister.... Read More
* Colombia’s national statistics institute (Dane) has released figures which show that the country saw zero monthly inflation in July; this brings annual inflation to 1.97%, the lowest level recorded since July 2013, falling below the central bank’s (Banrep) 2%-4% target range.... Read More
Brazil
On 6 August, the federal police (PF) arrested the transport secretary for the Brazilian state of São Paulo, Alexandre Baldy, on suspicions of fraud.... Read More
* Brazil’s national statistics institute (Ibge) has released the latest employment figures, which show that the unemployment rate rose to 13.3% in the second quarter of the year, up 1.1 percentage points on the previous quarter (January-March), and 1.3 percentage points above the unemployment rate recorded in the second quarter of 2019.... Read More
Central America & Caribbean
* Panama’s national assembly has given its final approval to a bill creating a ‘special regime for the establishment and operation of multinational firms that offer services related to manufacturing’ (Emma).... Read More
Mexico
On 6 August Mexico officially passed 50,000 fatalities caused by the coronavirus (Covid-19) pandemic.... Read More
* Mexico’s national statistics institute (Inegi) has released figures for May on gross fixed capital formation (GFCF), according to which investment in fixed capital goods such as machinery and equipment fell by 38.4% year-on-year, and by 4.5% compared with April.... Read More
Southern Cone
On 6 August, Argentina’s Vice President Cristina Fernández railed against two federal judges after they issued an order she perceived as being favourable to former president, Mauricio Macri (2015-2019).... Read More
* The Uruguayan government has announced that it has won a multi-billion-dollar trial at the United Nations (UN) Commission on International Trade Law, against mining company Minera Aritirí, the Uruguayan subsidiary of United Kingdom-based Zamin Ferrous.... Read More
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- COSTA RICA: Alvarado warns of gov’t liquidity crisis
- PERU: Vizcarra names new prime minister
- In brief: Colombia’s inflation drops below target range
- BRAZIL: Lava Jato arrest is embarrassment for Doria
- In brief: Unemployment rate continues to rise in Brazil
- In brief: Panama offers incentives for manufacturing sector
- MEXICO: Grim milestone passed
- In brief: Investment in Mexico continues to plummet
- ARGENTINA: Cristina Fernández attacks judges amid judicial reform debate
- In brief: Uruguay wins international court case against Minera Aritirí