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LatinNews Daily - 05 October 2021

Main Briefing
On 4 October Nicaragua’s President Daniel Ortega formally launched his re-election campaign for the ruling Frente Sandinista de Liberación Nacional (FSLN) ahead of the 7 November general elections...
Andean
On 4 October thousands of coca growers (‘cocaleros’) overpowered police in Bolivia’s capital, La Paz, and seized control of the headquarters of their union, Asociación Departamental de Productores de Coca de los Yungas de La Paz (Adepcoca)...
* Venezuela has reopened its side of the border with Colombia, which has been closed to vehicles since August 2015 and to all travellers since February 2019 due to the breakdown in diplomatic relations between the two countries...
Brazil
On 4 October, Brazil’s federal attorney general’s office (PGR) launched a preliminary investigation into Economy Minister Paulo Guedes and central bank (BCB) president Roberto Campos Neto after the two were named in the Pandora Papers, a massive international leak of offshore data.  ..
* Brazil’s national federation of automobile dealers (Fenabrave) has revised down its forecast for the sector’s sales this year, as global shortages of components such as semiconductors have affected the recovery of sales following the impact of the coronavirus (Covid-19) pandemic last year...
Central America & Caribbean
* Guatemala’s deputy economy minister for investment and competition, Lisardo Bolaños, has said that Guatemala is seeking a new partial trade agreement with Turkey...
Mexico
On 4 October solar and wind energy providers released a statement savaging the decision by President Andrés Manuel López Obrador to send a constitutional reform proposal to congress in an attempt to drive through his government’s stalled electricity reform initiative. Analysis:..
* Jonathan Heath, the deputy governor of Mexico’s central bank (Banxico), has said that “in his personal opinion”, Banxico’s cycle of interest rate hikes is not yet over and one or two more increases are likely amid concerns about inflation...
Southern Cone
On 4 October there was significant political fallout in Argentina from the leaked ‘Pandora Papers’ documents published by the International Consortium of Investigative Journalists (ICIJ)...
* Paraguay’s central bank (BCP) has released its latest inflation report, which shows that monthly inflation stood at 1.0% in September, bringing annual inflation to 6.4%...

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