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LatinNews Daily - 18 September 2020

Main Briefing
On 17 September Bolivia’s interim president, Jeanine Áñez, announced that she was pulling out of the presidential elections, which are scheduled to take place on 18 October.... Read More
Andean
* Ecuador’s finance ministry has announced an agreement with the Export-Import Bank of China (China Eximbank) to delay the repayments of a US$474m loan for 2020 and 2021.... Read More
Brazil
On 17 September, Rio de Janeiro’s municipal council voted against launching impeachment proceedings against the Brazilian city’s incumbent mayor, Marcelo Crivella. ... Read More
* Brazil’s Confederação da Agricultura e Pecuária (CNA) agriculture and livestock confederation estimates that the sector’s gross production value (known as VBP) will increase by 13.7% in 2020 and reach a new record of R$823.3bn (US$157bn).... Read More
Central America & Caribbean
On 17 September Costa Rica's centre-left Partido Acción Ciudadana (PAC) government led by President Carlos Alvarado unveiled a proposal to begin negotiating a US$1.75bn three-year financial assistance programme with the International Monetary Fund (IMF).... Read More
* El Salvador’s industrial association, Asociación Salvadoreña de Industriales (ASI), has revealed that the sector registered a reduction of 24,116 jobs between January and June as a result of the impact of the coronavirus (Covid-19) pandemic.... Read More
Mexico
On 17 September Mexico’s President Andrés Manuel López Obrador dismissed the possibility that the US could impose economic sanctions on Mexico for not doing enough to combat drug trafficking.... Read More
* International credit rating agency Moody’s Investors Service has warned that Mexico’s export and tourism-dependent sectors will “remain under economic stress beyond 2021, even as economic growth recovers from a severe downturn in 2020”.... Read More
Southern Cone
On 17 September, Argentina’s President Alberto Fernández signed decrees upholding resolutions reached by the senate the previous day, which confirmed that three federal judges must be transferred back to the posts they held prior to a reassignment in 2017.... Read More
* Chile’s environmental court (ITA) has ordered the “total and definitive closure” of the Pascua Lama open-pit project, owned by Canadian mining giant Barrick Gold, which straddles the border with Argentina.... Read More

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