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Brazil & Southern Cone - September 2020

Introduction
The September edition of the Latin American Report: Brazil & Southern Cone begins by looking at Chile, where the country has seen a rekindling of the long-running conflict between indigenous Mapuche and the state in the southern La Araucanía and Bío Bío regions...
Chile
The long-running conflict between the indigenous Mapuche and the Chilean authorities, which has gripped the southern region of La Araucanía for decades, has flared up once again...
Uruguay
After six months in office, Uruguay’s centre-right government of President Luis Alberto Lacalle Pou has submitted a five-year budget for approval by the legislature...
Argentina
After reaching major debt rescheduling milestones, the Argentine government led by President Alberto Fernández has announced new stimulus measures for the industrial sector and plans for a wealth tax...
In recent months Argentine police have seized millions of Argentine pesos and thousands of US dollars in cash, concealed inside trucks transporting goods through provinces bordering Paraguay...
Brazil
A particularly bad wildfire season in the Brazilian Amazon last year prompted President Jair Bolsonaro’s government to call in the army to help with firefighting efforts...
Brazil’s national intelligence agency, the Agência Brasileira de Inteligência (Abin), has a new unit: the Centro de Inteligência Nacional...
Amid the coronavirus (Covid-19) pandemic and a global economic recession, the Brazilian economy is having a hard time, with GDP contracting by 9.7% quarter-on-quarter in the second quarter...
Gol Líneas Aéreas Inteligentes, one of Brazil’s top budget airlines, has managed to repay a critical US$300m loan with some help from the US carrier Delta Airlines...
Region
Although stock market prices – and therefore company valuations – have been volatile, during the course of August Argentina-born e-commerce group MercadoLibre pushed past more traditional competitors in mining and gas to become Latin America’s largest company by market capitalisation...
Highlights
CHILE| Strong FDI performance...

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