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LatinNews Daily - 02 December 2021

MAIN BRIEFING
A major devaluation of the Argentine peso is not part of the economic policy agreement under negotiation with the International Monetary Fund (IMF), the president of Argentina’s central bank (BCRA), Miguel Ángel Pesce, said on 1 December...
ANDEAN
On 1 December, Peru’s attorney general’s office (AG) opened a preliminary investigation into Bruno Pacheco, the recently resigned general secretary of the presidency, over alleged illicit enrichment...
* Peru’s central bank (BCR) has published the latest figures for the consumer price index (IPC) which show that inflation increased by 0.45% in November...
BRAZIL
On 1 December, the Brazilian senate approved President Jair Bolsonaro’s nominee to fill a vacant spot on the supreme court (STF): the former justice minister, former solicitor general (AGU), and presbyterian pastor André Mendonça. ..
* Brazil’s economy ministry has released the latest figures on the balance of trade, which show that the country recorded a trade deficit in November, the first monthly trade deficit this year since January...
CENTRAL AMERICA & CARIBBEAN
On 1 December the governments of Mexico and the US unveiled an official initiative designed to address a rising tide of irregular migration from Central America...
* The administrator of the Panama Canal, Ricaurte Vásquez, has announced that the Panama Canal Authority will introduce a new ‘green vessel classification’, which will include a greenhouse gas emissions fee...
MEXICO
On 1 December, Mexico’s President Andrés Manuel López Obrador addressed supporters in the main Zócalo square in Mexico City, in an event to mark the halfway point of his six-year term. ..
* Mexico’s central bank (Banxico) has released two separate reports showing that expectations for GDP growth have diminished...
SOUTHERN CONE
* Argentina’s finance ministry has announced that the country’s tax take in November totalled Ar$1.03trn (US$10.20bn), representing a 59.5% increase on the tax haul in the same month last year...

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