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LatinNews Daily - 28 April 2021

Main Briefing
On 27 April Chile’s President Sebastián Piñera announced that he will sanction into law the congressional bill that allows individuals to withdraw funds from their pension pots for a third time to help ease the impact that the coronavirus (Covid-19) pandemic has had on their finances...
Andean
On 27 April Colombia’s health minister, Fernando Ruiz, said that the country is in a “critical situation” as a result of high demand for oxygen to treat coronavirus (Covid-19) patients...
* The business advisory service (SAE) of the Peruvian consultancy firm, Apoyo Consultoría, has published a survey of 300 of its client companies, which revealed low business investment confidence ahead of the 6 June presidential run-off election between Pedro Castillo of the far-left Perú Libre party and Keiko Fujimori of the right-wing Fuerza Popular party...
Brazil
On 27 April, Brazil’s federal senate began a parliamentary inquiry into the government led by President Jair Bolsonaro’s response to the coronavirus (Covid-19) pandemic. ..
* Brazil’s state-owned oil company, Petrobras, has reported results for the first quarter of the year, which show a year-on-year decrease in production levels...
Central America & Caribbean
On 27 April Panama’s national nurses’ union, Asociación Nacional de Enfermeras (Anep), announced a 24-hour strike today (28 April)...
* The Central American development bank (BCIE) has approved a US$600m loan for El Salvador to support its economic recovery from the economic crisis caused by the coronavirus (Covid-19) pandemic, which resulted in El Salvador’s GDP contracting 7.2% in 2020 on World Bank figures...
Mexico
On 27 April Mexico’s federal electoral tribunal (TEPJF) ruled definitively against the candidacies of Félix Salgado Macedonio and Raúl Morón, respectively the gubernatorial candidates in Guerrero and Michoacán states for the ruling Movimiento Regeneración Nacional (Morena) party, ahead of 6 June midterm federal and state congressional and gubernatorial elections...
* Mexico’s national statistics institute (Inegi) has released new trade statistics, which show that Mexico recorded a US$3bn trade deficit in March, compared with a US$3.34bn trade surplus in March 2020...
Southern Cone
* Paraguay’s central bank (BCP) has released its latest monthly report on monetary policy, in which it has revised down its GDP growth forecast for this year...

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