LatinNews Daily - 04 August 2022

Main Briefing
On 3 August, Peru’s Prime Minister Aníbal Torres resigned, in a move that is likely to force a wider reshuffle of President Pedro Castillo’s cabinet.... Read More
*Colombia’s national federation of coffee producers (FNC) has reported a 22% fall in the country’s coffee production for the month of July.... Read More
On 3 August Brazil’s economy minister, Paulo Guedes, said the government would eliminate the so-called IPI tax, which is charged on industrialised goods, despite signs of strained public coffers. Analysis:... Read More
* Brazil’s central bank (BCB) has raised its benchmark interest rate by 50 basis points to 13.75%, in its 12th consecutive rate hike.... Read More
Central America & Caribbean
On 3 August the US-based press freedom lobby Inter American Press Association (IAPA) condemned the recent closure of 11 radio stations and four cable TV channels in Nicaragua.... Read More
* Cuba’s economy minister, Alejandro Gil, and central bank president, Marta Sabina Wilson González, have announced a new exchange rate of 120 Cuban pesos (CUP) to the US dollar and new rates for other foreign currency as part of efforts to undercut the informal currency market.... Read More
On 3 August, authorities in Mexico’s Guanajuato state confirmed that a journalist, Ernesto Méndez, was shot dead in a bar in San Luis de la Paz municipality, bringing the number of journalists murdered in Mexico this year to 13.... Read More
*Mexico’s foreign minister, Marcelo Ebrard, is travelling to Bolivia to discuss collaboration on lithium.... Read More
Southern Cone
On 3 August Argentina’s newly appointed ‘economy super minister’ Sergio Massa, addressed 500 invited guests outlining a programme of austerity to rebuild foreign currency reserves and bring inflation back under control.... Read More
*Uruguay’s foreign ministry has announced that China has agreed on a phytosanitary protocol for the export of sorghum from Uruguay to China, which it said was a “significant step” towards authorising sales of Uruguayan sorghum in the country.... Read More

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