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LatinNews Daily - 15 October 2021

Main Briefing
On 14 October the far-left Perú Libre (PL) party, on whose ticket President Pedro Castillo won the June election, said that it would not grant a confidence vote to Castillo’s newly reshuffled and more moderate cabinet...
Andean
* Colombia’s finance ministry has reopened a global bond for US$1bn, with a 5.125% yield and due to mature in 2049...
Brazil
On 14 October, a military court in Brazil convicted eight soldiers for the aggravated murder of two civilians in Rio de Janeiro in 2019...
* The state government of Ceará in Brazil has signed memorandums of understanding (MoU) with four companies for the production of green hydrogen at its new green hydrogen hub in the Pecém port complex...
Central America & Caribbean
On 14 October three Dominican magistrates convicted Víctor Díaz Rúa, a former public works & infrastructure minister (Partido de la Liberación Dominicana, 2007-2012), and businessmen Ángel Rondón on corruption charges in relation to the scandal involving Brazilian construction and engineering firm Odebrecht in the Dominican Republic...
* Cuba’s economy & planning minister Alejandro Gil has said that the government expects Cuba’s GDP to grow around 2.2% this year, far less than the 6% initially forecast...
Mexico
On 14 October Mexico’s congress began discussing the contentious reform proposal related to the electricity sector sent at the start of the month by the government led by President Andrés Manuel López Obrador...
* Mexico’s central bank (Banxico) has released the minutes of a meeting of its board of directors which reveal that all five board members believe that “global inflationary pressures and bottlenecks in production continue affecting headline and core inflation” in Mexico...
Southern Cone
On 14 October the main prison in the Paraguayan city of Pedro Juan Caballero (PJC), on the border with Brazil, was closed by government order after police raided a gang leader’s cell as part of a murder enquiry...
* Argentina’s national statistics institute (Indec) has released the latest figures for the consumer price index (IPC), which show that inflation grew 3.5% in September compared with August...

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