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LatinNews Daily - 25 October 2021

Main Briefing
On 23 October, the Colombian security forces captured Dairo Antonio Úsuga David (‘Otoniel’), the country’s most wanted drug trafficker and the leader of the Autodefensas Gaitanistas de Colombia (AGC) drug trafficking organisation (DTO), also known as the ‘Clan del Golfo’.... Read More
Andean
* Peru’s central bank (BCRP) has announced that the country’s GDP grew by 11.8% in August compared with the same month last year.... Read More
Brazil
On 24 October, Brazil’s Economy Minister Paulo Guedes repeated that the government plans to bypass the constitutionally-mandated spending cap to fund a new social programme, ‘Auxílio Brasil’, while adding that the approval of structural economic reforms currently stuck in congress would compensate for this.... Read More
* Brazil’s central bank (BCB) has released the latest figures on the external sector, which show an uptick in the country’s current account deficit in September.... Read More
Central America & Caribbean
On 23 October the Guatemalan government led by President Alejandro Giammattei declared a 30 day-long state of siege in El Estor municipality, Izabal department.... Read More
* Costa Rica’s official export promotion agency (Procomer) has released new figures which show the country’s goods exports totalled US$10.8bn in the first three quarters of 2021, up 27% on the same period in 2020.... Read More
Mexico
On 24 October Mexico’s President Andrés Manuel López Obrador, along with his 19 ministers, met with the newly inaugurated governor of Guerrero state, Evelyn Salgado, to launch a “support plan” for the state.... Read More
* Mexico’s national statistics institute (Inegi) has released new figures which show that the country’s consumer price index (CPI) rose 0.54% in the first two weeks of October compared with the previous two weeks, pushing the annual inflation rate to 6.12%.... Read More
Southern Cone
On 22 October Argentina’s government again transmitted contradictory messages over an agreement with the International Monetary Fund (IMF), with some of its members saying negotiations were almost concluded, while others released a campaign video vowing not to pay the foreign debt.... Read More
* Uruguayan daily El Observador has published new figures on Uruguay’s meat export market, based on data from the Instituto Nacional de Carnes (Inac), which show that the export of meat is surging amid higher prices.... Read More
Washington Watch
Brazil: On 14 October over 60 US members of congress addressed a letter to US President Joe Biden expressing concern with the policies and behaviour of Brazil’s President Jair Bolsonaro and calling for a review of US-Brazil relations.... Read More

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