LatinNews Daily - 08 November 2021

Main Briefing
Preliminary results released today (8 November) by Nicaragua’s electoral authorities (CSE) showed that in the 7 November general elections, President Daniel Ortega was re-elected for the ruling Frente Sandinista de Liberación Nacional (FSLN) with around 75% of the vote.... Read More
Andean
On 6 November, Ecuador’s ministerial cabinet released a statement accusing the national assembly’s commission on constitutional guarantees of “coup-mongering” after it voted to approve a report accusing President Guillermo Lasso of illegally using offshore tax havens.... Read More
* Ecuador’s economy minister, Simón Cueva, has announced that the government will aim to reduce the fiscal deficit to 3.4% of GDP by the end of 2022, according to comments reported in the local media.... Read More
Brazil
On 5 November, Brazil’s economy and foreign ministries announced a 10% reduction in the import tariff of 87% of commercial goods imported to the country. ... Read More
* Brazil’s telecoms regulator (Anatel) has concluded the country’s first 5G spectrum auction, announcing that it raised a total R$47.2bn (US$8.51bn) in investments, including future commitments.... Read More
Central America & Caribbean
*Abel Ovando, the president of Panama’s transport lobby Cámara Nacional de Transporte de Panamá (Canatra), has told reporters that the lobby has called off a strike which was due to take place today (8 November) over high fuel prices.... Read More
Mexico
On 6 November the leader of the opposition Partido Revolucionario Institucional (PRI) in the lower chamber of congress, Rubén Moreira, broke off talks with the ruling left-wing Movimiento Regeneración Nacional (Morena) of President Andrés Manuel López Obrador, accusing it of authoritarianism.... Read More
* Mexico’s President Andrés Manuel López Obrador has announced a new M$60bn (US$2.95bn) investment to complete a coking plant at the Tula refinery, Hidalgo state.... Read More
Southern Cone
On 7 November over 81% of voters in a consultation exercise in the La Araucanía region of Chile supported an extension of the state of emergency introduced by the central government in response to unrest led by members of the Mapuche indigenous community.... Read More
* Uruguay’s national statistics institute (INE) has released the latest figures on the consumer price index (IPC), which show that the country registered inflation of 1.04% in October.... Read More
Washington Watch
Mexico: On 3 November 40 US Republican legislators signed a letter to US Secretary of State Antony Blinken and US Trade Representative (USTR) Katherine Tai among others, expressing “grave concern about reports of escalating efforts by [Mexico’s government] to exclude private companies from its energy sector in contravention of its international commitments, including the US-Mexico-Canada Agreement (USMCA)”.... Read More

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