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LatinNews Daily - 14 March 2023
MAIN BRIEFING
On 13 March, Mexico’s Foreign Minister Marcelo Ebrard travelled to the US to “defend” Mexico in the face of recent criticisms from US Republican lawmakers.... Read More
ANDEAN
On 13 March a crowd of anti-government protesters attacked Peru’s energy and mining minister, Óscar Vera, during a visit to the southern region of Apurímac, on the same day that deputy health minister Henry Rebaza was chased out of a restaurant in the neighbouring region of Ayacucho.... Read More
* The Peruvian hydrocarbon lobby Sociedad Peruana de Hidrocarburos (SPH) has said that Peru’s proven oil reserves declined by 67.2% between 2013 and 2021, falling from 741m barrels to 243m barrels.... Read More
BRAZIL
The collapse of Silicon Valley Bank (SVB) and Signature Bank in the US is unlikely to trigger any failures in the Brazilian financial system, Brazil’s finance minister Fernando Haddad said on 13 March, adding that harmonising fiscal and monetary policies would help the country “navigate rough international seas”.... Read More
* The Brazilian electricity company Eletrobras, which was privatised in June 2022, has posted a loss of R$479m (US$91.3m) for the fourth quarter of 2022.... Read More
CENTRAL AMERICA & CARIBBEAN
On 13 March the president of Costa Rica’s legislative assembly, Rodrigo Arias, convened a multi-institutional meeting for next week to come up with solutions to combat insecurity and drug trafficking in Costa Rica.... Read More
* The Dominican Republic’s President Luis Abinader has received the first official visit to the country by a president of the World Bank (WB).... Read More
MEXICO
* Mexico’s national statistics institute (Inegi) has published new data for its monthly index of industrial activity (Imai), showing that industrial activity remained at the same level in January 2023 as compared to the previous month.... Read More
SOUTHERN CONE
On 13 March Karina Rando took office as Uruguay’s new health minister, following the resignation of her predecessor, Daniel Salinas. ... Read More
* The executive board of the International Monetary Fund (IMF) has announced the completion of a fourth review of Argentina’s 30-month Extended Fund Facility (EFF) arrangement, which was agreed in March.... Read More
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- MEXICO: Ebrard visits Washington on the defensive
- PERU: Ministers attacked by protesters
- In brief: Peruvian hydrocarbons lobby highlights dwindling reserves
- BRAZIL: SVB crisis could lead to lower interest rates
- In brief: Brazil’s Eletrobras sees profits slump
- COSTA RICA: Urgent security debate convened
- In brief: DR receives first visit from World Bank president
- In brief: Mexico’s industrial activity stagnates in January
- URUGUAY: New health minister takes office
- In brief: IMF completes fourth Argentina agreement review