LatinNews Daily - 14 June 2022
MAIN BRIEFING
On 13 June Ecuador’s powerful indigenous organisation, Confederación de Nacionalidades Indígenas del Ecuador (Conaie), began an “indefinite” wave of protests.... Read More
ANDEAN
* Bolivia’s state-owned hydrocarbons company, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), has announced that production has begun at the Margarita 10 natural gas well in Tarija department, with an initial extraction rate of 1m cubic metres of gas per day (m3/d).... Read More
BRAZIL
On 13 June, the Brazilian senate voted in favour of a bill which reduces the state-levied Imposto sobre a Circulação de Mercadorias e Serviços (ICMS) tax on certain goods deemed to be essential, as part of efforts to reduce fuel prices. ... Read More
* The Brazilian economy ministry has released figures for the May balance of trade, which show that exports totalled US$29.6bn last month, while imports totalled US$24.7bn.... Read More
CENTRAL AMERICA & CARIBBEAN
On 13 June Cuba’s attorney general’s office announced that 381 people had been penalised for involvement in the social protests on 11 and 12 July last year, with the majority handed jail sentences of up to 25 years.... Read More
* Alejandro Zelaya, El Salvador’s finance minister, maintained on 13 June that the country has not suffered losses from the fall in the price of bitcoin and insisted that the risks of having a cryptocurrency as legal tender are minimal.... Read More
MEXICO
On 13 June, Mexico City (CDMX)’s court of administrative justice (TJA) confirmed that it had ordered the suspension of Sandra Cuevas, mayor of the city’s Cuauhtémoc borough.... Read More
* International credit ratings agency Fitch Ratings has revised down its 2022 GDP growth forecast for Mexico from 2.0% to 1.8%.... Read More
SOUTHERN CONE
On 13 June a range of lobby groups said they were seeking injunctions against a decision by the city of Buenos Aires to ban the teaching of ‘inclusive language’ in schools under its jurisdiction.... Read More
* Argentina’s economy minister, Martín Guzmán, has announced a new progressive tax rate on copper exports, which is aimed at boosting production and exports of the metal.... Read More
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- ECUADOR: ‘Indefinite’ wave of indigenous protests begins
- In brief: Production begins at major new gas well in Bolivia
- BRAZIL: Senate passes bill to cap tax on fuel
- In brief: Brazil’s trade surplus shrinks in May despite record flows
- CUBA: More lengthy prison sentences handed out to protesters
- In brief: Finance minister denies bitcoin-related losses in El Salvador
- MEXICO: Cuauhtémoc mayor suspended
- In brief: Fitch lowers Mexico growth forecast
- ARGENTINA: Culture war in Buenos Aires over ‘inclusive language’
- In brief: Argentina introduces alternative copper export duty