Argentine Truckers Strike; Rappi to Accept Crypto in Mexico

A roundup of Monday’s news from across Latin America

Bloomberg Línea
April 11, 2022 | 11:20 PM
Reading time: <1 min.

Bloomberg Línea — Argentine road transport union Federación de Transportistas Argentinos has convoked a strike to demand an update to grain freight rates, amid the increases in diesel prices and shortages of the fuel. According to the Argentine Chamber of the Oil Industry (CIARA), the strike will severely affect the country’s agribusiness supply chain, and which is one of Argentina’s main export industries.

Rappi, the Colombian delivery app, has announced it will accept cryptocurrencies as a payment method in Mexico.

On the region’s stock markets, Colombia’s COLCAP index broke away from its Latin American peers and closed with gains, up 0.33%, while Argentina’s MERVAL dropped 1.59%, Brazil’s Ibovespa (IBOV) 1.16% and Mexico’s S&P BMV/IPC (MEXBOL) dropped 0.41%.

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

Argentina:

Brazil:

Chile:

Colombia:

Costa Rica:

Dominican Republic:

Ecuador:

  • Former President Jorge Glas has been released from prison, where he was serving a sentence for his involvement in the Odebrecht scandal, after the Brazilian conglomerate pleaded guilty in a U.S. court in 2016 to paying bribes to governments and companies across Latin America to secure lucrative infrastructure contracts. But his release has not been without controversy, with some sectors accusing President Guillermo Lasso of having forged a pact to release Glas.

Guatemala:

Honduras:

Mexico:

Panama:

Peru:

Venezuela: