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LatinNews Daily - 07 March 2023
Main Briefing
On 6 March, US Whitehouse press secretary Karine Jean-Pierre stated that the kidnapping of four US citizens in Mexico’s Matamoros city, Tamaulipas state three days earlier was “unacceptable”.... Read More
Andean
On 6 March, Colombia’s largest drug trafficking organisation (DTO), the Clan del Golfo, announced that it is ready to begin negotiations with the government.... Read More
* Colombia’s national federation of coffee producers (FNC) has announced that coffee production increased by 10% year-on-year in February, when total production reached 1.02m sacks (1 sack = 60kg).... Read More
Brazil
Brazil’s communications minister, Juscelino Filho, has kept his job, apparently convincing President Luiz Inácio Lula da Silva during a meeting on 6 March that corruption accusations against him are unfounded. ... Read More
* Brazil’s central bank (BCB) has announced the launch of the pilot project “Piloto RD” (Real Digital), a series of tests undertaken ahead of the planned launch of a new digital currency.... Read More
Central America & Caribbean
On 6 March Nicaraguan authorities stripped the country’s influential umbrella business group, Consejo Superior de la Empresa Privada (Cosep), of its legal status.... Read More
* Honduras’s central bank (BCH) has released new figures which show that monthly inflation in February was 1.16%, bringing the year-on-year rate to 9.80%.... Read More
Mexico
*The Office of the US Trade Representative (USTR) has announced that it is requesting “technical consultations” with Mexico’s government under the US-Mexico-Canada Agreement (USMCA) regarding “certain Mexican measures concerning products of agricultural biotechnology”.... Read More
Southern Cone
On 6 March, the 24-member committee of experts appointed by congress to write a constitutional draft in Chile was installed. ... Read More
*Argentina’s Economy Minister Sergio Massa has announced that the government’s economic team has reached an agreement with local banking representatives to carry out a voluntary debt swap of peso-denominated bonds maturing in the coming months, which he said would “guarantee a programme that will provide stability to the financial system and peace of mind to savers”.... Read More
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- MEXICO: Relations with US under strain over kidnapping case
- COLOMBIA: Clan del Golfo ready for talks
- In brief: Colombia’s struggling coffee sector shows signs of recovery
- BRAZIL: Communications minister avoids dismissal
- In brief: Brazil begins tests for digital currency
- NICARAGUA: Leading private sector lobby shuttered
- In brief: Inflation rises in Honduras
- In brief: US escalates dispute with Mexico over GM ban
- CHILE: Second constitutional process gets underway
- In brief: Argentina’s gov’t agrees local debt swap with banks