LatinNews Daily - 10 June 2022

In a speech to the 9th Summit of the Americas in Los Angeles, California, on 9 June Argentina’s President Alberto Fernández was heavily critical of the US for excluding Cuba, Nicaragua, and Venezuela, as well as for the influence it exerts over the Organization of American States (OAS) and the Inter-American Development Bank (IDB).... Read More

On 9 June the six local indigenous communities that have been protesting against the giant Las Bambas copper mine, in Peru’s southern region of Apurímac, agreed to a 30-day truce.... Read More

*Ecuador’s President Guillermo Lasso and his Costa Rican counterpart Rodrigo Chaves have confirmed plans to begin talks regarding a bilateral free trade agreement (FTA) between both countries.... Read More

On 9 June Brazil’s President Jair Bolsonaro said he was positively impressed by his US counterpart, Joe Biden, after what he called an “exceptionally good” meeting on the sidelines of the Summit of the Americas (SoA) in Los Angeles. Analysis: Brazil’s leader, an avowed supporter of Biden’s predecessor, Donald Trump (2017-2021), who has questioned the validity of the US elections in 2020, has attempted to build bridges in his meeting with Biden, trying to sell Brazil as a reliable trading partner at times of geopolitical turbulence and disruptions in global supply chains.... Read More

*Brazil’s national statistics institute (Ibge) has released the latest figures on the consumer price index (IPCA), which show that monthly inflation stood at 0.47% in May, bringing the annual figure to 11.73%.... Read More

On 9 June the international media reported that Nicaragua’s government led by President Daniel Ortega had authorised the deployment of Russian troops, planes and ships to Nicaragua.... Read More

*Costa Rica’s superintendence of financial institutions (Sugeval) has approved the creation of the country’s first-ever venture capital funds as an option for the small and medium-size (SME) sector to obtain finance to develop their business.... Read More

On 9 June, Mexico’s tripartite Va por México opposition alliance announced it would unanimously reject any reform initiative proposed by the ruling Movimiento Regeneración Nacional (Morena) party and its allies.... Read More

* Mexico’s national statistics institute (Inegi) has released its latest figures on the national consumer price index (INPC) which show that inflation in May increased 0.18% as compared to the previous month.... Read More

* Workers from Uruguay’s metal sector have gone on strike in protest at the decision of transnational metallurgy company Cinter Aperam to stop operations in the country.... Read More