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LatinNews Daily - 18 November 2021
Main Briefing
On 17 November Juan Carrasco Millones was sworn in as Peru’s new defence minister, replacing Walter Ayala who was forced to resign after being accused of interfering in the military promotion system.... Read More
Andean
* Ecuador’s economy and finance minister, Simón Cueva, has announced that the Inter-American Development Bank (IDB) has approved a US$500m loan to support Ecuador’s budget plan.... Read More
Brazil
On 17 November, Brazil’s education minister Milton Ribeiro denied reports that the government is seeking to interfere in the Enem national high school exam. ... Read More
* The secretariat of economic policy (SPE) in Brazil’s economy ministry has released its latest macro-fiscal bulletin, in which it has revised economic forecasts for the country, now predicting lower growth and higher inflation.... Read More
Central America & Caribbean
On 17 November Héctor René Estrada, a mayoral candidate for Campamento municipality in Honduras’s Olancho department, was shot at by unknown perpetrators on a motorbike.... Read More
* The president of El Salvador’s central bank (BCR), Douglas Rodríguez, has raised the BCR’s growth forecast for El Salvador’s GDP to 10.3 %, up from the 9% previously forecast in August.... Read More
Mexico
On 17 November, the Mexican government led by President Andrés Manuel López Obrador announced that a new national guard (GN) battalion will be created and stationed in Cancún and other tourist hotspots on the Riviera Maya, Quintana Roo state, to address rising insecurity. ... Read More
* International credit ratings agency Fitch has affirmed Mexico’s long-term foreign-currency and local-currency issuer default ratings at “BBB-” with a stable rating outlook.... Read More
Southern Cone
On 17 November Argentina’s President Alberto Fernández addressed tens of thousands of supporters at a “victory” rally in central Buenos Aires.... Read More
* Omar Gutiérrez, the governor of Argentina’s Neuquén province, has announced a new concession awarded to Argentina’s state-owned oil company Yacimientos Petrolíferos Fiscales (YPF) and Norway-headquartered oil firm Equinor, to develop the Bajo del Toro Norte area in Argentina’s ‘Vaca Muerta’ shale oil and gas fields in Neuquén, Patagonia.... Read More
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- PERU: Carrasco named as new defence minister
- In brief: IDB approves US$500m loan for Ecuador
- BRAZIL: Government denies interference in national exam
- In brief: Brazil’s government cuts growth forecast
- HONDURAS: Electoral violence intensifies
- In brief: El Salvador’s central bank raises GDP forecast
- MEXICO: National guard to be deployed to Cancún
- In brief: Fitch warns on Mexico’s energy reform
- ARGENTINA: President Fernández celebrates victory in defeat
- In brief: New investment for Argentina’s Vaca Muerta