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LatinNews Daily - 03 March 2021

Main Briefing
On 2 March Mexico’s federal senate gave final approval to the electricity reform bill sent down by President Andrés Manuel López Obrador...
Andean
On 2 March 10 dissident members of the Fuerzas Armadas Revolucionarias de Colombia (Farc) guerrillas were killed during a joint military and police operation carried out in southern Colombia...
*Ecuador’s national statistics institute (Inec) has reported that the national poverty rate increased from 25% in 2019 to 32.4% last year...
Brazil
On 2 March, Brazil’s Foreign Minister Ernesto Araújo defended making the Southern Common Market (Mercosur) trade bloc’s trade negotiation rules more flexible...
* Brazil’s national agency for oil, natural gas, and biofuels (ANP) has released its monthly bulletin on oil & natural gas production for January, according to which production has fallen compared with January 2020...
Central America & Caribbean
On 2 March Guatemala’s national legislature appointed justice Dina Ochoa as its choice for the country’s five-member constitutional court (CC) for a five-year term...
* The Executive Board of the International Monetary Fund (IMF) has approved a US$1.78bn 36-month extended financial assistance arrangement under the Extended Fund Facility (EFF) for Costa Rica to address the impact of the coronavirus (Covid-19) pandemic...
Mexico
*Private sector economists consulted by Mexico’s central bank (Banxico) have slightly improved their forecast for Mexico's GDP growth in 2021 to 3.89%, up from 3.74% in January...
Southern Cone
On 2 March, Paraguayan school children returned to school for the first day of the 2021 academic year, and the first day of in-person teaching since the onset of the coronavirus (Covid-19) pandemic forced the closure of schools a year ago...
* Paraguay’s central bank (BCP) has released new figures which show monthly inflation in February 2021 was 0.1%, bringing the accumulated rate to 0.6% and the year-on-year rate to 2.5%...

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