LatinNews Daily - 25 November 2021

On 24 November Haiti’s Prime Minister Ariel Henry swore in a new 18-member cabinet, which includes eight new appointments.... Read More

On 24 November, Colombia’s President Iván Duque said he was not formally notified of plans from US President Joe Biden to remove the Fuerzas Armadas Revolucionarias de Colombia (Farc) guerrilla group from the US State Department’s list of foreign terrorist organisations.... Read More

* Colombia’s state oil company Ecopetrol has announced that it will invest US$1.3bn in natural gas exploration by 2023, both in its gas fields in Colombia and abroad.... Read More

On 24 November, Brazil’s federal public prosecutor’s office (MPF) called upon a number of public agencies, including the army, the institute for the environmental protection of the Amazon (Ipaam), and the federal environmental regulator (Ibama), to work together to halt an illegal gold rush currently underway on the Madureira River, one of the Amazon River’s largest tributaries. ... Read More

* The Instituto Brasileiro de Economia (Ibre) at the Fundação Getúlio Vargas (FGV) university has released the latest figures from its index for consumer confidence (ICC), which show that consumer confidence has slumped in Brazil in November.... Read More

* The recent announcement by El Salvador’s President Nayib Bukele’s of a cryptocurrency bitcoin-related US dollar bond issuance “informally confirms a break from the International Monetary Fund (IMF) with an alternative, uncertain funding/growth model” according to a note circulated in the media to clients by Siobhan Morden, head of Latin America fixed income strategy at Amherst Pierpont, a US-based independent global fixed income specialised broker-dealer.... Read More

On 24 November Mexico’s President Andrés Manuel López Obrador announced that he will nominate Victoria Rodríguez Ceja, a deputy finance minister, to be the next president of Mexico’s central bank (Banxico).... Read More

* Mexico’s national statistics institute (Inegi) has released new figures which show that the country’s consumer price index (CPI) rose 0.69% in the first two weeks of November compared with the previous two weeks, pushing the annual inflation rate to 7.05%.... Read More

On 24 November Paraguay’s President Mario Abdo Benítez discussed electricity tariffs for energy produced by the jointly owned Itaipú hydroelectric complex, during a meeting with his Brazilian counterpart, Jair Bolsonaro, in Brasília. ... Read More

* Argentina’s national statistics institute (Indec) has released new figures which show that the country’s exports totalled US$6.8bn in October, up 46.5% year-on-year, while imports totalled US$5.25bn, up 31% on October 2020.... Read More