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LatinNews Daily - 24 November 2021

Main Briefing
On 23 November, the European Union’s electoral observation mission (EU-EOM) published its preliminary report on the 21 November regional elections in Venezuela, highlighting “irregularities” in the electoral process but stating that the process had improved compared to previous election cycles...
Andean
* Peru’s government has presented congress with its 2022 budget proposal, which envisages spending of PEN197.0bn (US$49.11bn) – a 7.6% increase on the 2021 budget...
Brazil
On 23 November, the Associação Brasileira dos Produtores de Soja (Aprosoja), an organisation representing soya producers in Brazil, released a statement slamming new legislation proposed by the European Union (EU) which seeks to ban imports linked to deforestation as “trade protectionism dressed up as environmental concern”. ..
* The Companhia Nacional de Abastecimento (Conab), the logistics arm of Brazil’s agriculture ministry (Mapa), has released new projections for the country’s sugarcane harvest, which is expected to slump due to the effects of adverse weather...
Central America & Caribbean
On 23 November the United Nations (UN) High Commissioner for Human Rights (OHCHR), Michelle Bachelet expressed her “deep concern” about political violence in Honduras...
* Panama’s national statistics institute (Inec) has released figures which show that the country’s monthly indicator of economic activity (Imae) posted year-on-year growth of 18.02% in September...
Mexico
On 23 November Mexico’s President Andrés Manuel López Obrador defended a decree announced the previous day which declares infrastructure projects carried out by the federal government to be an issue of national security...
* Mexico’s former finance minister Arturo Herrera (2019-2021), who President Andrés Manuel López Obrador had previously indicated he intended to nominate as the next president of the central bank (Banxico), has said he could “confirm” that López Obrador told him last week he had “decided to reconsider” his decision...
Southern Cone
A Factum survey published on 23 November shows support for the ruling centre-right coalition in Uruguay remains high at 50%, while the left-wing opposition coalition Frente Amplio (FA) is backed by 40% of respondents...
* Argentina’s national statistics institute (Indec) has released new figures which show that economic activity grew 11.6% in September compared with the same month in 2020...

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