Bolivia's General Index of Economic Activity (IGAE) showed an 8.7% growth in the first semester of 2021, Economy and Public Finance Minister Marcelo Montenegro announced Tuesday.
The Government of Peruvian President Pedro Castillo and Prime Minister Guido Bellido has survived a vote of confidence motion at the national single-House Legislature controlled by the right-wing opposition.
Peruvian former Foreign Minister Óscar Maúrtua has been appointed again for the job to replace Héctor Béjar, who resigned earlier this week after just 19 days in office.
The Economic Commission for Latin America and the Caribbean (ECLAC) raised its average growth estimate for the region in 2021 to 5.2%, reflecting a rebound from the deep contraction of 6.8% registered in 2020 as a consequence of the adverse effects of the COVID-19 pandemic.
Pedro Francke, a 60-year-old economy professor and advisor to presidential frontrunner Pedro Castillo, has announced “there will be no expropriations, no nationalization, or price controls” in Peru, the Madrid daily El País reported.
Argentina's inflation in May was 3.3% for a year-on-year accumulation of 48.8%, the highest mark since March 2020, according to the National Institute of Statistics and Census (INDEC)
Mexico's foreign minister on Friday criticized the work of the head of the Organization of American States, Uruguayan born Luis Almagro, adding to its earlier rebuke that the group should not intervene in Bolivia's internal affairs.
Contrary to expectations, Guillermo Lasso Sunday surprisingly beat Andrés Arauz to become Ecuador's next president. Lasso, a conservative, was a sure winner in the evening as 97.91% of the votes were counted.
The Argentine government of President Alberto Fernández Wednesday confirmed the country had decided to withdraw from the so-called Lima Group, a consortium formed with Brazil, Canada, Chile, Colombia, Costa Rica, Guatemala, Honduras, Mexico, Panama, Paraguay, Peru, Guyana, and Saint Lucia. Barbados, the United States, Grenada, and Jamaica to isolate the Venezuelan administration headed by Nicolás Maduro.
Brazilian President Jair Bolsonaro said on Tuesday that the arrest of former interim Bolivian President Jeanine Áñez over the weekend seemed unreasonable, adding he sees the situation in Bolivia as a cause for concern.