Weekly Report - 24 March 2022 (WR-22-12)

LEADER
Argentina’s President Alberto Fernández is facing a significant political struggle on two fronts which could scupper any aspiration he has for a second term in power from December 2023.... Read More
ANDEAN COUNTRIES
Colombia’s political scene has been dominated this week by a controversy surrounding the senate elections staged on 13 March.... Read More
Peru’s constitutional court (TC) ruled on 17 March that the 83-year-old former president Alberto Fujimori (1990-2000), currently serving a 25-year prison sentence for crimes against humanity, including counts of murder and corruption, should be released.... Read More
Bolivia’s plurinational constitutional tribunal (TCP) ruled on 17 March that the crime of ‘sedition’ can no longer be considered part of the country’s penal code – a move which, in the long-term, could reduce political polarisation.... Read More
Responding to widespread criticism, General Pablo Ramírez, the head of Ecuador’s national prisons service (SNM), announced on 18 March that 1,400 new prison officers would be deployed by November of this year.... Read More
BRAZIL & SOUTHERN CONE
Brazil’s education ministry (MEC) has been hit by scandal, after leading newspapers revealed that a select few evangelical pastors allegedly benefited from undue favours and influence within the ministry.... Read More
The monetary policy committee (Copom) in Brazil’s central bank (BCB) raised the Selic, the benchmark interest rate, by one percentage point to 11.75% last week.... Read More
Despite his best intentions, Chile’s President Gabriel Boric has not managed to hit the ground running.... Read More
MEXICO
One of President Andrés Manuel López Obrador’s major infrastructure projects reached completion this week.... Read More
In the context of Mexico’s upcoming presidential recall vote, the definition of ‘government propaganda’ has become a hot topic.... Read More
CENTRAL AMERICA & CARIBBEAN
A supreme court (CSJ) justice has ruled in favour of extraditing former president Juan Orlando Hernández (2014-2022) to the US to face drug trafficking and weapons related charges.... Read More
The US administration led by President Joe Biden has made no secret of its hopes for better relations with its former key ally, Honduras, under the new government led by President Xiomara Castro.... Read More
COSTA RICA | Exports soar.... Read More
POSTSCRIPT
The much-anticipated US$1bn issue of the cryptocurrency bitcoin on 20 March, the first of its kind, has been postponed by El Salvador’s government.... Read More
“The accord with the IMF allows us to begin to put the key macroeconomic variables in order in the war on inflation…But this will only be possible if we can sit around the same table together, reaching the necessary understanding to construct the future.”... Read More

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