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LatinNews Daily - 2 May 2025
Main Briefing
On 1 May Colombia’s President Gustavo Petro presented the senate with the questions for his planned referendum on labour reform, as demonstrations were held across Latin America to mark International Workers’ Day.... Read More
Andean
*Venezuela’s central bank (BCV) has announced that GDP grew by 9.32% in the first quarter of 2025, without specifying whether this was in annual or quarterly terms.... Read More
Brazil
On 1 May Gilberto Kassab, the president of Brazil’s Partido Social Democrático (PSD), a party with flexible political loyalties, suggested that the governor of Rio Grande do Sul, Eduardo Leite, currently a member of the centre-right Partido da Social Democracia Brasileira (PSDB), could be a presidential candidate in 2026 if he joins the PSD.... Read More
*Brazilian airline Gol has secured a preliminary agreement with creditors to provide financing support to help the company emerge from bankruptcy.... Read More
Central America & Caribbean
On 1 May Kamla Persad-Bissessar of the United National Congress (UNC) was sworn in as Trinidad & Tobago’s new prime minister for a five-year term.... Read More
*Workers have taken to the streets across Central America to mark International Workers' Day, calling for better labour rights as well as focusing on more country-specific demands.... Read More
Mexico
On 1 May the US Department of the Treasury’s Office of Foreign Assets Control (Ofac) imposed sanctions on three Mexican nationals and two Mexico-based entities it said were involved in a drug trafficking and fuel theft network linked to the Cártel Jalisco Nueva Generación (CJNG).... Read More
*Mexico’s government led by President Claudia Sheinbaum has announced that it will reduce the working week “gradually” from 48 hours to 40 by January 2030.... Read More
Southern Cone
On 1 May Chile’s presidential aspirants presented their labour and employment proposals on International Workers’ Day.... Read More
*Chile’s President Gabriel Boric has commemorated International Workers’ Day by highlighting the advances in the labour agenda of his government including a “historic” increase in minimum wage, with the most recent hike agreed on 30 April; a reduction in the working week to 40 hours; the passing of a pension reform; and the approval of a law to prevent and address workplace harassment and violence, known as Ley Karin.... Read More
Publishing Note
Due to a public holiday there will be no LatinNews Daily on Monday 5 May.... Read More
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