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LatinNews Daily - 03 August 2021

Main Briefing
On 2 August, Brazil’s supreme electoral court (TSE) unanimously approved the launch of an administrative investigation into allegations of electoral fraud, and also sent a request to the supreme court (STF) for President Jair Bolsonaro to be investigated for possible criminal conduct in the spreading of fake news.... Read More
Andean
On 2 August Peru’s new foreign minister, Héctor Béjar, indicated that the new left-wing government led by President Pedro Castillo will adopt a softer stance on the Venezuelan governemnt led by Nicolás Maduro.... Read More
* An International Monetary Fund (IMF) mission has begun its annual review of Ecuador’s economy and debt, which will also analyse the impact of the US$6.5bn Extended Fund Facility (EFF) credit agreement signed with the country in September 2020.... Read More
Brazil
* Brazil’s economy ministry has released the latest figures on trade, which show that Brazil’s exports totalled a record US$25.53bn in July, while imports totalled US$18.13bn, leaving a US$7.4bn trade surplus.... Read More
Central America & Caribbean
On 2 August Nicaragua’s President Daniel Ortega formally registered his candidacy ahead of presidential elections on 7 November, while his wife, Rosario Murillo, will run for vice-president. Analysis:... Read More
* International credit ratings agency Moody’s Investors Service has downgraded El Salvador’s long-term foreign-currency issuer and senior unsecured ratings from 'B3' to 'Caa1'.... Read More
Mexico
On 2 August Mexico’s President Andrés Manuel López Obrador accused the national electoral institute (INE) of having “no enthusiasm for democracy” and blamed it for the low turnout in the 1 August public consultation on whether former public officials should be investigated for suspected wrongdoing.... Read More
* Mexico’s central bank (Banxico) has published its July survey on the expectations of private sector economists, which shows that Mexico’s GDP is now forecast to grow 6.06% this year.... Read More
Southern Cone
On 2 August lorries forming part of a large protest caravan arrived in Paraguay’s capital, Asunción, demanding the approval of legislation that standardises national freight rates.... Read More
* Chile’s central bank (BCCh) has released the latest figures for the monthly index of economic activity (Imacec), which grew 2.1% in June compared with May – the fourth consecutive month of positive growth – and expanded 20.1% year-on-year.... Read More

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