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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. ... Read More
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.... Read More
* 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%.... Read More
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).... Read More
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”.... Read More
* 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.... Read More
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.... Read More
* 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.... Read More
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.... Read More
* 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.... Read More
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