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LatinNews Daily - 05 December 2022

Main Briefing
On 3 December El Salvador’s President Nayib Bukele announced the deployment of 10,000 police and soldiers to Soyapango municipality, San Salvador department as part of a crack-down on gangs.... Read More
Andean
On 2 December, Venezuela’s government led by President Nicolás Maduro announced that it was advancing with plans to form a joint committee with the opposition to access frozen assets.... Read More
* Bolivia’s President Luis Arce has announced that in the first ten months of 2022 soy exports totalled US$2.01bn, which he said was their highest figure in ten years and represented a 74.2% increase on the same period in 2021.... Read More
Brazil
On 2 December Brazil’s President-elect Luiz Inácio Lula da Silva (Partido dos Trabalhadores, PT), announced that he intends to increase the number of ministries in his future administration, from the current 23 to about 30.... Read More
* Brazil’s national statistics institute (Ibge) has announced that industrial production increased by 0.3% in October, compared to the previous month.... Read More
Central America & Caribbean
*Costa Rica’s finance ministry has released new figures which show that as of October 2022, the country’s deficit was ¢798.0bn (US$1.3bn), equivalent to 1.8% of GDP.... Read More
Mexico
On 4 December, the head of the Zacatecas state public security ministry (SSP), Adolfo Marín Marín, said security forces had thwarted a breakout attempt at the Cieneguillas prison on the outskirts of state capital Zacatecas city.... Read More
* Mexico’s Economy Minister Raquel Buenrostro has met with the US secretary of commerce, Gina Raimondo, in Washington to set out a plan for 2023 to strengthen supply chains.... Read More
Southern Cone
On 2 December Argentine authorities reached an agreement with a mission from the International Monetary Fund (IMF) on the third revision of its Extended Fund Facility (EFF) arrangement, which should pave the way for the release of some US$6bn.... Read More
*Paraguay’s central bank (BCP) has released new figures which show that monthly inflation in November was 0.7%, up from inflation of 0.5% registered in November last year and monthly inflation of 0.4% in October.... Read More
Washington Watch
Venezuela: On 26 November US Secretary of State Antony Blinken, along with his peers from the European Union (EU) (Josep Borrell), Canada (Mélanie Joly), and the United Kingdom (James Cleverly), issued a joint statement welcoming the announcement of an agreement between the Venezuelan government led by Nicolás Maduro and opposition to request that frozen Venezuelan assets abroad be released to enable their use for humanitarian purposes.... Read More

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