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LatinNews Daily - 03 September 2020
Main Briefing
On 2 September, two-time presidential runner-up Henrique Capriles called for Venezuela's political opposition to participate in the December legislative elections, staking his claim to replace Juan Guaidó as the figurehead of the opposition to Nicolás Maduro’s government.... Read More
Andean
* Ecuador’s President Lenín Moreno has announced that his government has secured a US$2bn loan from China, just days after the declaration of a provisional agreement to receive some U$6.5bn in credit from the International Monetary Fund (IMF).... Read More
Brazil
On 2 September, the special court in Brazil’s supreme court of justice (STJ) voted to uphold an order emitted on 28 August, which suspended Wilson Witzel from his position as state governor of Rio de Janeiro for an initial six-month period.... Read More
* Brazil’s federation of automobile dealers (Fenabrave) has announced that vehicle sales increased by 7.35% in August compared with July, with 299,627 units sold in the country (including cars, buses, lorries, and motorcycles).... Read More
Central America & Caribbean
On 2 September El Salvador’s medical association filed a complaint against Health Minister Francisco Alabi before the supreme court (CSJ) for failing to provide appropriate protective equipment (PPE).... Read More
* El Salvador’s finance minister, Alejandro Zelaya, has revealed that five months of reduced economic activity due to the coronavirus (Covid-19) pandemic have cost the country some US$700m in lost tax revenue.... Read More
Mexico
On 2 September Mexico’s federal chamber of deputies elected Dulce María Sauri of the opposition Partido Revolucionario Institucional (PRI) as its new president for 2020-2021.... Read More
* The governor of Mexico City (CDMX), Claudia Sheinbaum, has unveiled a new economic recovery plan for the city, based on private investment of M$75bn (US$3.45bn) and public investment of M$40bn, of which M$22bn is from the federal government.... Read More
Southern Cone
On 2 September, Chile’s CNTC and Fedesur lorry drivers’ unions announced that they had reached an agreement with the government led by President Sebastián Piñera, thus bringing an end to the national strike that they had begun last week.... Read More
* In its latest monetary policy report (Ipom), Chile’s central bank (BCCh) has forecast that Chile’s GDP will contract by 4.5%-5.5% in 2020, an improvement on the 5.5%-7.5% contraction forecast in its previous (June) report.... Read More
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- VENEZUELA: Capriles throws down the gauntlet
- In brief: Ecuador announces China loan
- BRAZIL: Witzel’s suspension from Rio governorship confirmed
- In brief: Brazil’s vehicle sales pick up in August, but remain low in 2020
- EL SALVADOR: Another complaint filed against health minister
- In brief: El Salvador warns of tax revenue losses due to pandemic
- MEXICO: PRI secures congressional leadership, as JHH splits
- In brief: Mexico City economic recovery plan unveiled
- CHILE: Lorry drivers reach agreement with gov’t, end strike
- In brief: Chile’s central bank revises GDP forecast up