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LatinNews Daily - 09 March 2021

Main Briefing
On 8 March, a judge in Brazil’s supreme court (STF), Luiz Edson Fachin, annulled the convictions against former president Lula da Silva (2003-2011), thereby restoring his political rights. ..
Andean
On 8 March the US administration led by President Joe Biden announced the extension of Temporary Protected Status (TPS) to some 320,000 Venezuelan expatriates living in the US...
* José Guerra, a member of the Observatorio Venezolano de Finanzas (OVF), an economic analysis office created by the previous opposition-led national assembly, has said that Venezuela’s monthly inflation in February 2021 was 50.9%...
Brazil
* The Brazilian real, one of the worst performing emerging market currencies, has plunged further against the US dollar, closing the day at R$5.78/US$1 yesterday (8 March)...
Central America & Caribbean
On 8 March Honduras’s President Juan Orlando Hernández tweeted his commitment to “maintain[ing] an international alliance in the fight against drug-trafficking”...
* Guatemala’s central bank (Banguat) president Sergio Recinos has said that Banguat is forecasting that Guatemala’s GDP will grow 3.5% in 2021, after contracting 1.5% in 2020 as a result of the coronavirus (Covid-19) pandemic...
Mexico
On 8 March, up to 20,000 women took part in International Women’s Day protests in Mexico City, attempting to breach steel barriers erected around the presidential palace and clashing with police; 19 protesters and 62 police were reported to have been hurt...
* Monterrey-based business lobby Cámara de la Industria de la Transformación (Caintra) de Nuevo León has said that Mexico’s export sector could drive economic growth this year...
Southern Cone
On 8 March Paraguay’s President Mario Abdo Benítez confirmed four changes to his cabinet as protesters staged demonstrations for a fourth-straight day, demanding his resignation...
* Chile’s national statistics institute (INE) has released a new report which shows that during the peak of the coronavirus (Covid-19) pandemic (May-July 2020), there was a 593% rise in the number of women unable to seek paid employment due to being otherwise occupied with family care or domestic chores, compared with an average increase of 172% across both genders...

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