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Caribbean & Central America - October 2021

Introduction
In late August, Salvadorean investigative media El Faro published a report citing an investigation which found that the government led by President Nayib Bukele had held talks in maximum-security prisons in 2020 with El Salvador’s three main street gangs, the Mara Salvatrucha (MS-13), Barrio 18 Revolucionarios, and Barrio 18 Sureños. Just over a year earlier, the same media alleged that Bukele had held talks with MS-13 alone...
Central America
In late August, Salvadorean investigative media El Faro published a report citing an investigation which found that the Nuevas Ideas (NI) government led by President Nayib Bukele had held negotiations in maximum-security prisons in 2020 with the country’s three main street gangs, the Mara Salvatrucha (MS-13), Barrio 18 Revolucionarios, and Barrio 18 Sureños. Just over a year earlier, the same media alleged that Bukele had held talks with MS-13 alone...
On 11 August Panama’s foreign minister Erika Mouynes hosted what she described as an unprecedented (virtual) meeting to discuss migration, involving foreign ministers from Brazil, Colombia, Costa Rica, Chile, Ecuador, and Mexico as well as Peru’s deputy foreign minister and high-level representatives from Canada and the US...
In recent weeks Nicaragua’s attorney general’s office has issued arrest orders for one of the country’s most prominent writers, Sergio Ramírez, and leading journalist Carlos Fernando Chamorro, the director of opposition media outlet Confidencial, (both in exile) on what are widely considered trumped-up charges...
On 16 September Costa Rica’s environment minister Andrea Meza and her Danish counterpart, Dan Jorgensen, announced the formation of the Beyond Oil and Gas Alliance (BOGA), a diplomatic initiative bringing together countries and jurisdictions that have ended licensing for new oil and gas exploration and production and are setting an end date for their production...
In August fDi Intelligence magazine, a service provided by the UK-based Financial Times, ranked Costa Rica top of its Greenfield Performance Index for foreign direct investment (FDI) inflows...
Migrants sent US$1.389bn in remittances to Guatemala in August, the highest monthly total ever recorded, providing a lifeline as the country struggles to recover from the coronavirus (Covid-19) pandemic...
Caribbean
Hubert Minnis, the just-ousted prime minister of The Bahamas and leader of the defeated Free National Movement (FNM) government since May 2017, called the 16 September general election eight months before it was necessary despite the country still being in the grip of the economic and health crisis caused by the coronavirus (Covid-19) pandemic and despite his own strong support for, and promise to introduce, fixed term parliaments...
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Trinidad & Tobago has been suffering from years of slow or negative growth which has now been compounded by the effects of the coronavirus (Covid-19) pandemic even though Trinidad is not one of the Caribbean’s severely tourist-dependent countries...
*** GUTERRES PROPOSES DEBT PLAN...
Economic Highlights
HONDURAS | IMF expands assistance...

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