LATAM POLITICS TODAY-Suriname threatens legal action over South Korean hit Netflix show

Reuters | Updated: 15-09-2022 21:53 IST | Created: 15-09-2022 21:53 IST
LATAM POLITICS TODAY-Suriname threatens legal action over South Korean hit Netflix show

The latest in Latin American politics today:

Suriname threatens legal action over South Korean hit Netflix show SEOUL - Suriname will explore legal action against the producers of South Korea's hit Netflix series "Narco-Saints" which fosters negative images of the country by portraying it as a "narco state," its government has said.

The show, released this month and titled "Suriname" in South Korea, tells the story of a man who risked his life to join a secret mission to capture a Korean drug lord operating in Suriname, based on real-life events from about two decades ago. But the Latin American country said the show presented it as a "narco state" based on past "crime and cross-border activities" which the government had tried for decades to eradicate.

Mexico's lower house votes to extend army's street presence until 2028 to tackle rampant violence MEXICO CITY - Mexico's lower house of Congress has voted to keep the army on the country's streets until 2028, raising fears about the president's efforts to militarize public security.

It is the second boost to the military's power this month, after the upper house last week approved giving the army control over the National Guard, a military police force created in 2019. The new motion on the military's deployment, approved with 335 votes in favor and 152 against, had been due to expire in 2024 but will now carry through to 2028. Lula unlikely to repeat Brazil state bank lending binges

SAO PAULO - Over more than a decade in power, Brazilian leftist Luiz Inacio Lula da Silva and his handpicked successor used state banks to bolster corporate "national champions" and major sectors their Workers Party saw as essential to the economy. Lula is expected to retake the presidency in the October election according to opinion polls, but his advisers and private sector financial executives see little space for development bank BNDES or retail banks Banco do Brasil and Caixa Economica Federal to reopen the lending spigot on the same scale as before.

Bolivia should trade fuel subsidies for cash transfers, says IMF The International Monetary Fund has said that Bolivia should cut its vast fuel subsidies and instead spend part of the funds on cash transfers for its poorest citizens, as part of a broader fiscal adjustment program.

While Bolivia has remained largely immune to the inflation plaguing much of Latin America and the world in recent months, the IMF said in a statement that this has been achieved through subsidies and price controls on food and fuel, as well as keeping the national boliviano currency at a "de facto peg" against the dollar. The IMF said these measures, especially the fuel subsidies, will push the country's deficit to 8.5% of gross domestic product this year. (Compiled by Steven Grattan)

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