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Chile’s New Constitution Faces Opposition; Mexico Scraps Food Import Duty

A roundup of Monday’s news from across Latin America

Bloomberg Línea
May 16, 2022 | 11:30 pm

Bloomberg Línea — Chilean voters are leaning toward rejecting the new Constitution, which they will be obliged to vote on in the September plebiscite, according to two polls published on Sunday, as the Constitutional Convention, entrusted with the drafting the document, enters the final stage of its work. Mexico’s government has temporarily eliminated import duty on 26 products, mostly foodstuffs, in a bid to combat the highest inflation in decades

On the stock markets, Mexico’s S&P BMV/IPC (MEXBOL) advanced almost 2% and led the region’s gains, with Brazil’s Ibovespa (IBOV) also closing higher, buoyed by the rise in oil prices, with Petrobras (PETR3; PETR4) and mining company Vale (VALE3) shares gaining ground.

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

Argentina:

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Bolivia:

Brazil:

Chile:

Colombia:

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Ecuador:

  • Enchufe.tv has become the most watched Spanish-language sketch channel in the world, with nearly 26 million subscribers to its YouTube channel and 56 million followers on all its social networks. The channel’s success has been attributed to what has been described as experiential humor, the enjoyment of “laughing at oneself”, and which allows viewers to identify with its stories anywhere on the planet.

Mexico:

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Panama:

Uruguay:

Venezuela: