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LatinNews Daily - 18 November 2022
Main Briefing
On 17 November, liberal economists who backed Brazil’s president-elect Luiz Inácio Lula da Silva (Partido dos Trabalhadores, PT) in the 30 October election against incumbent president Jair Bolsonaro, and financial markets responded to Lula’s comments criticising Brazil’s constitutional spending cap.... Read More
Andean
On 17 November José Félix Lafaurie, the president of Colombia’s influential national cattle ranchers’ federation (Fedegan), accepted an offer from President Gustavo Petro to form part of the government’s negotiating team with the Ejército de Liberación Nacional (ELN) guerrilla group.... Read More
*Colombia’s two chambers of congress have completed the harmonisation process for President Gustavo Petro’s flagship tax reform bill.... Read More
Brazil
*The secretariat of economic policy (SPE) in Brazil’s economy ministry has updated its projections for the country’s GDP growth in 2023 from 2.5% in its previous (September) forecast to 2.1%.... Read More
Central America & Caribbean
On 17 November Canada’s police announced terrorism charges against Gérald Nicolas, a Canadian resident, for allegedly plotting to overthrow the government of Haiti’s slain president Jovenel Moïse (2017-2021).... Read More
*El Salvador’s President Nayib Bukele has tweeted that his government is buying “one [cryptocurrency] bitcoin every day starting tomorrow [18 November]”.... Read More
Mexico
On 17 November, the attorney general’s office (FGE) in Mexico’s Veracruz state issued new charges against former state governor Javier Duarte (2010-2016).... Read More
*The International Monetary Fund (IMF) has concluded that Mexico continues to qualify for a US$50bn two-year flexible credit line (FCL) first approved in November 2021.... Read More
Southern Cone
On 17 November Antonio Fretes, the president of Paraguay’s supreme court (CSJ), denied any links to a corruption scandal implicating his son, Amílcar Fretes, over links to Kassem Mohamad Hijazi, who was extradited in July to the US on charges including money laundering.... Read More
*Chile’s President Gabriel Boric has signed a joint declaration with Canada’s Prime Minister Justin Trudeau to commit to improving the dispute resolution mechanism contained in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade deal.... Read More
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- BRAZIL: Lula’s spending plans draw strong response
- COLOMBIA: Petro unveils surprise ahead of ELN talks
- In brief: Colombia’s tax reform bill clears final hurdle
- In brief: Brazil’s government cuts growth forecast for 2023
- HAITI: Charges announced against alleged coup-plotter
- In brief El Salvador’s Bukele defiant on bitcoin
- MEXICO: New charges issued against former Veracruz governor
- In brief: IMF affirms Mexico’s continued access to credit line
- PARAGUAY: CSJ president under pressure over new scandal
- In brief: Chile’s Boric works to boost relations at Apec summit