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LatinNews Daily - 16 March 2023

MAIN BRIEFING
On 15 March Bolivia’s Finance Minister Marcelo Montenegro said that the central bank had used its special drawing rights (SDR) arrangement with the International Monetary Fund (IMF), amid continued concerns over Bolivia’s dwindling reserves of hard currency.... Read More
ANDEAN
* Colombia’s defence minister, Iván Velásquez, has said that transport routes and businesses are again operating normally in the departments of Antioquia and Córdoba, where since 1 March protesters had blocked roads and enforced a curfew with the threat of violence.... Read More
BRAZIL
A wave of violent attacks on cities in the state of Rio Grande do Norte continued for the third day running on 15 March, as the federal government announced further intervention to try and halt the violence.  ... Read More
* Instituto Aço Brasil, an association of Brazilian steel producers, has said that steel production totalled 2.53m tonnes in February, representing a 6.7% decrease compared with the same month in 2022.... Read More
CENTRAL AMERICA & CARIBBEAN
El Salvador’s national assembly, dominated by Nuevas Ideas (NI), the party of President Nayib Bukele, approved two resolutions on 15 March designed to prepare for elections in early 2024.... Read More
* The Dominican Republic’s central bank (BCRD) has reported that remittances to the country totalled US$1.56bn between January and February, which represents an increase of 3.9% compared to the same period last year.... Read More
MEXICO
On 15 March, Mexico’s deputy interior minister for human rights, Alejandro Encinas, said that members of the armed forces had executed the five young men who were killed in Nuevo Laredo, Tamaulipas state, on 26 February.... Read More
* Mexico’s state-run electricity firm the Comisión Federal de Electricidad (CFE) has announced that normal electricity supply has been restored to Mexico City (CDMX) following blackouts that affected 270,117 people across various areas of the city.... Read More
SOUTHERN CONE
On 15 March, Chile’s President Gabriel Boric said that “guaranteeing regular, safe, and orderly migration” was a “priority” for his government. ... Read More
* Uruguay’s President Luis Alberto Lacalle Pou has stated that he is “not very optimistic” about the prospect of the ratification of the free trade agreement (FTA) between the European Union (EU) and Mercosur trade bloc, which comprises Argentina, Brazil, Paraguay, and Uruguay.... Read More

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