LatinNews Daily - 20 May 2021

Main Briefing
On 19 May Nicaragua’s electoral court (CSE) cancelled the legal status of the opposition Partido Conservador (PC), Nicaragua’s oldest party.... Read More
On 19 May, a joint commission of representatives from both of Colombia’s chambers of congress voted to archive a controversial health reform bill that has been a focal point of the ongoing civil unrest.... Read More
* International credit ratings agency Standard & Poor’s (S&P) has downgraded Colombia’s foreign currency sovereign credit rating from ‘BBB-’ to ‘BB+’ with a ‘stable’ outlook.... Read More
On 19 May, Brazil’s federal police (PF) carried out searches as part of an investigation into public officials facilitating the export of illegally felled timber, which counts Environment Minister Ricardo Salles amongst the suspects.... Read More
* Brazil’s federal chamber of deputies has approved a decree which paves the way for the privatisation of the state-controlled energy firm, Eletrobras.... Read More
Central America & Caribbean
* Panama’s economy & finance ministry (MEF) has hailed “optimism” on the part of the International Monetary Fund (IMF) regarding Panama’s economic prospects after the economy contracted 17.9% in 2020 amid “stringent containment measures and mobility restrictions” to tackle the coronavirus (Covid-19) pandemic.... Read More
On 19 May Mexico’s federal attorney general’s office (FGR) issued an arrest warrant against Francisco García Cabeza de Vaca, the incumbent governor of Tamaulipas state.... Read More
*Mexico’s state-owned oil firm, Pemex, has reported that Mexican oil traded at US$60.91 per barrel (/b) on 19 May in international markets, 3.3% lower than that registered a day earlier.... Read More
Southern Cone
On 19 May, health authorities in Paraguay announced the suspension of the country’s national rollout of the vaccine against the coronavirus (Covid-19) in six sanitary regions due to a shortage of doses.... Read More
* Argentina’s economy ministry has announced that it has successfully placed Ar$259.102bn (US$2.6bn) of new treasury and government bonds on the domestic market, maturing in 2021, 2022 and 2023.... Read More

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