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LatinNews Daily - 02 March 2021

Main Briefing
On 1 March, Brazil’s national council of state health secretaries (Conass) addressed a letter “to the Brazilian nation”, calling for the adoption at a national level of stricter restrictions against the coronavirus (Covid-19) pandemic, such as the implementation of a national curfew...
Andean
On 1 March Yaku Pérez, the presidential candidate of Ecuador’s indigenous movement Pachakutik, presented an appeal before the electoral disputes tribunal (TCE) denouncing electoral fraud designed to prevent him from advancing to the second round on 11 April and demanded an extensive recount...
* Ecuador’s national assembly has refused to debate an urgent bill sent by outgoing President Lenín Moreno, which aims to give the central bank (BCE) more independence...
Brazil
* The secretariat of foreign trade (Secex) in Brazil’s economy ministry has released trade figures for February, which show the country saw a US$1.152bn trade surplus in the second month of this year...
Central America & Caribbean
On 1 March Oscar Ortiz, the secretary general of El Salvador’s leftwing opposition Frente Farabundo Martí para la Liberación Nacional (FMLN), recognised that the the result from the 28 February legislative and municipal election had been “adverse” for the FMLN...
* Panama’s national statistics institute (Inec) has released new figures which show that the country’s GDP slumped 17.9% in 2020 as a result of the impact of the coronavirus (Covid-19) pandemic...
Mexico
On 1 March US President Joe Biden hosted his Mexican peer Andrés Manuel López Obrador for a virtual bilateral meeting...
* Mexico’s central bank (Banxico) has announced that it will be holding two new US dollar auctions to in a bid to help ensure an adequate supply of dollars to Mexico’s banking system and to stabilise the domestic exchange rate...
Southern Cone
On 1 March President Alberto Fernández said his government is “in no hurry” to conclude the renegotiations of Argentina’s debt with the International Monetary Fund (IMF) and ordered a criminal investigation into the Stand-By Arrangement (SBA) signed with the IMF by the preceding administration...
* Chile’s central bank (BCCh) has released the latest figures for its monthly index of economic activity (Imacec), according to which economic activity slumped 3.2% year-on-year in January...

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