*
Mexico rolls out investment plans for southern corridor
*
Mexican president to speak with Biden on Tuesday
May 8 (Reuters) - The latest in Latin American politics on Monday:
Brazil's Lula to nominate deputy finance minister for key central bank role
SAO PAULO - Brazilian Finance Minister Fernando Haddad ended months of uncertainty as he revealed that Gabriel Galipolo, his second-in-command at the ministry, will be nominated for a top position at the central bank, which the government has heavily criticized for its high borrowing costs. Haddad said that Galipolo, the former CEO of investment bank Banco Fator, will be nominated by President Luiz Inacio Lula da Silva as the central bank director of Monetary Policy.
Mexican officials roll out investment plans for southern corridor
MEXICO CITY - Mexican authorities announced details of a government plan to attract businesses to a coastal corridor along a southern stretch of the country, part of a larger bid to pump investment in the long-neglected region. The project is a priority of President Andres Manuel Lopez Obrador and aims to link Mexico's Pacific and Gulf coasts via an expanded freight rail line along with multiple industrial parks designed to attract manufacturing investment to poorer parts of the country.
Mexican president to speak with Biden on Tuesday
MEXICO CITY - Mexican President Andres Manuel Lopez Obrador said he would speak with his U.S. counterpart Joe Biden on Tuesday. Lopez Obrador said in a regular press conference the two leaders would discuss migration, the dangerous synthetic opioid fentanyl, and economic cooperation.
(Compiled by Steven Grattan; Editing by Marguerita Choy)
