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LatinNews Daily - 22 March 2021

Main Briefing
On 21 March, El Salvador’s President Nayib Bukele tweeted that “El Salvador will not become a dictatorship as some activists, analysts, ‘journalists’ and…politicians would have you believe”...
Andean
On 21 March the contenders in Ecuador’s 11 April presidential run-off, Andrés Arauz and Guillermo Lasso, participated in a televised debate...
* The Peruvian government has announced an agreement with transport unions including Asociación de Empresas de Transporte Interprovincial de Pasajeros (Cotrapoip) and Unión Nacional de Conductores del Perú (UNT Perú) to end a strike which began on 15 March over various demands...
Brazil
On 21 March several hundred bankers and economists in Brazil, including former central bank presidents and former finance ministers, signed an open letter calling for stronger measures to be taken at national level against the coronavirus (Covid-19) pandemic. ..
* German car giant, Volkswagen, has announced that it will temporarily suspend production at its plants in Brazil due to the severity of the coronavirus (Covid-19) pandemic there...
Central America & Caribbean
* Honduras’ central bank (BCH) has released the latest figures for its monthly economic activity index (Imae), which show that economic activity contracted by 6.3% year-on-year in January...
Mexico
On 19 March a federal judge ordered the indefinite suspension of the electricity reform that was recently approved by Mexico’s federal congress until its constitutionality is determined...
* Mexico’s President Andrés Manuel López Obrador has announced that his government plans to decrease the universal pension payout age from 68 to 65, and will gradually increase payouts over the next three years, until they reach double the current amount in early 2024...
Southern Cone
On 19 March Argentina’s Economy Minister Martín Guzmán met representatives of international investment funds in the Argentine consulate in New York City...
* Mario Marcel, the president of Chile’s central bank (BCCh), has said that in real terms, the country’s GDP will see around a 0% variation between 2020 and 2021, with the economy expected to rebound between 5.5% and 6.5% this year after GDP contracted 5.8% last year as a result of the coronavirus (Covid-19) pandemic...
Washington Watch
Cuba: On 9 March, US White House press secretary Jen Psaki said a policy shift on Cuba is not an immediate priority for President Joe Biden...

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