LatinNews Daily - 10 September 2020

On 9 September, large-scale protests broke out in cities across Colombia over the brutal killing of 46-year-old lawyer Javier Ordoñez at the hands of the police.... Read More

* Ecuador’s President Lenín Moreno has urged the country’s national assembly (AN) to approve the US$6.5bn credit agreement reached with the International Monetary Fund (IMF) on 28 August, calling for legislators to “put the country first with a message of support for this process”.... Read More

On 9 September, the Brazilian government led by President Jair Bolsonaro announced that it was zeroing tariffs on rice imports until the end of the year, amid growing concern with the rise in prices of basic foodstuffs. ... Read More

* Brazil’s Confederação Nacional da Indústria (CNI), a private sector lobby, has warned that US$295.6m of annual exports to the United Kingdom (UK) are at risk due to 'Brexit', as the UK, European Union (EU) and Brazil must now renegotiate the tariff-free quotas previously established between Brazil and the EU.... Read More

On 9 September Enrique Lau Cortés, the director of Panama’s Caja del Seguro Social (CSS), a government agency which funds the public health system, rejected a demand for a payment of US$125m presented before the Paris-based International Chamber of Commerce’s International Court of Arbitration, by Spanish building and infrastructure company Fomento de Construcciones y Contratas (FCC).... Read More

* The Central American bank for economic integration (BCIE) and Nicaragua’s central bank (BCN) have signed the 11th renewal of a US$200m credit line which is aimed at strengthening the country's financial management, acting as a contingency if required and reinforcing Nicaragua’s liquidity position.... Read More

On 9 September six former Mexican federal health ministers urged the government led by President Andrés Manuel López Obrador to change its strategy for dealing with the coronavirus (Covid-19) pandemic.... Read More

* BBVA Bancomer, one of the largest banks in Mexico, has disclosed that it has reached an agreement with the tax authority (SAT) to pay a total of M$3.2bn (US$149.8m) in delayed income tax payments that correspond to the 2006-2008 and 2012-2015 periods.... Read More

On 9 September Argentina’s President Alberto Fernández issued a decree transferring federal tax funds allocated for the city of Buenos Aires (Caba) and reassigned them to the province of Buenos Aires to pay for salary increases for the provincial police force.... Read More

* Argentina’s economy ministry has announced the initial results of its first sale of peso-denominated bonds, issued under local law, since the conclusion last week of its high-profile restructurings of local and international-law debt.... Read More