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LatinNews Daily - 08 August 2022
Main Briefing
On 7 August, Gustavo Petro was inaugurated as Colombia’s first left-wing president.... Read More
ANDEAN
* Peru’s President Pedro Castillo has initiated a new cabinet reshuffle, replacing six ministers including the economy & finance minister, Óscar Graham.... Read More
Brazil
On 6 August, Brazil’s former leftist president Luiz Inácio Lula da Silva (2003-2011) formally registered his bid for the country’s top job before the Tribunal Supremo Eleitoral (TSE), the top electoral court, with a government platform that would dramatically shift Brazil’s foreign policy.... Read More
* Brazil’s national association of vehicle manufacturers (Anfavea) has announced that vehicle production increased in July, when 218,950 vehicles were manufactured – up 7.5% on the previous month and up 33.4% year-on-year.... Read More
Central America & Caribbean
On 7 August Terrance Drew, of the centre-left opposition St Kitts-Nevis Labour Party (SKLNP), was sworn in as the new prime minister of St Kitts & Nevis (SKN).... Read More
*Honduras’s central bank (BCH) has released new figures which show that annual inflation in July was 10.86%, up from 10.22% in June.... Read More
Mexico
On 7 August, Mexico’s President Andrés Manuel López Obrador visited a coal mine in Sabinas municipality, Coahuila state, where ten miners have been trapped since 3 August.... Read More
*Mexico’s government has announced a reduction in the subsidy for higher octane (premium) petrol despite President Andrés Manuel López Obrador’s promise that consumers would be shielded from rising fuel prices.... Read More
Southern Cone
On 7 August Sergio Massa, Argentina’s newly appointed ‘economy super minister’, revealed that he had consolidated his control of the key energy secretariat, previously dominated by officials loyal to Vice President Cristina Fernández.... Read More
*Experts consulted by Argentina’s central bank (BCRA) have forecast that inflation in Argentina will close 2022 at 90.2%, up 14.2 percentage points on their forecast the previous month.... Read More
Washington Watch
Mexico: On 28 July, Mexico’s state of Jalisco exported its first shipment of Hass avocados to the US.... Read More
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- COLOMBIA: Petro takes office
- In brief: Peru’s Castillo rejects PM resignation, changes finance minister
- BRAZIL: Lula foreign policy to focus on South
- In brief: Brazilian vehicle production picks up in July
- ST KITTS & NEVIS: Opposition wins snap election
- In brief: Honduras’s annual inflation continues to rise
- MEXICO: López Obrador under pressure over collapsed mine
- In brief: Mexico’s gov’t reduces fuel subsidies
- ARGENTINA: Massa gains control of energy secretariat
- In brief: Experts sharply raise inflation forecast in Argentina
- Mexico’s Jalisco exports first avocado shipment to US