Chile’s Inflation Cools; Venezuela’s Maduro to Restart Talks With Opposition

A roundup of Tuesday’s news from across Latin America

March 09, 2022 | 02:05 AM

Bloomberg Línea — Chile’s Consumer Price Index increased by 0.3% month-on-month in February, less than half of what was expected by analysts consulted by Bloomberg, and which is the smallest change since June 2021.

Venezuela’s President Nicolás Maduro announced the resumption of negotiations with the Venezuelan opposition in Mexico, after the talks were suspended at the end of 2021 with the extradition of Colombian businessman Alex Saab to the United States.

On the region’s stock markets, U.S. stocks fell following a volatile session after U.S. President Joe Biden announced that Washington would halt all Russian oil and gas imports, while in Latin America, the Mexican stock market rebounded after recording its second worst day so far in 2022 on Monday, with the S&P BMV/IPC (MEXBOL) ending the session with a gain of 1.87%, notching up the highest gains in the region.

Following is a roundup of Tuesday’s news from Bloomberg Línea and Bloomberg reporters across Latin America.

Argentina:

Brazil:

Chile:

Colombia:

Dominican Republic:

Ecuador:

Guatemala:

Mexico:

Venezuela:

This is how the region’s markets closed on Tuesday, March 8