LatinNews Daily - 09 May 2023

Main Briefing
On 8 May the final results of the elections to the new constitutional council held the previous day were released, showing that the far-right Partido Republicano (PR) had won the most seats on the body that will draft the new constitution.... Read More
On 5 May, Colombia’s President Gustavo Petro criticised Attorney General Francisco Barbosa for not doing his bidding, generating fierce pushback from the supreme court.... Read More
* Bolivia’s senate has approved a bill that would enable the central bank (BCB) to purchase gold directly from local producers, which could then be sold for hard currency to help the BCB to shore up its dwindling international reserves.... Read More
On 5 May, Brazil’s President Luiz Inácio Lula da Silva met UK Prime Minister Rishi Sunak in London, after which Sunak announced a donation of R$500m (US$99.81m) to the Amazon Fund, a mechanism focussed on reducing emissions from deforestation and forest degradation.... Read More
* Brazil’s finance ministry has announced that the deputy finance minister, Gabriel Galípolo, has been nominated to be the director of monetary policy on the board of the central bank (BCB).... Read More
Central America & Caribbean
On 6 May Cubans staged protests in Caimanera municipality, Guantánamo province, against the Partido Comunista de Cuba (PCC) government, according to social media and official reports.... Read More
* Costa Rica’s central bank has released new figures which show that Costa Rica’s monthly inflation rate in April was -0.34%, bringing the year-on-year rate to 2.44%.... Read More
On 8 May, Mexico’s supreme court (SCJN) invalidated the first part of President Andrés Manuel López Obrador’s Plan B electoral reform, which was passed by congress as a series of legal reforms in December 2022.... Read More
* Mexico’s national social security institute (IMSS) has released a new report which shows that as of 30 April, it had registered a total of 21.8m jobs.... Read More
Southern Cone
* Chile’s national statistics institute (INE) has released new figures which showed that monthly inflation in April was 0.3%, while yearly inflation stood at 9.9%.... Read More

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