LatinNews Daily - 7 May 2025

On 6 May US Secretary of State Marco Rubio announced the “rescue” of Venezuelan dissidents who had been sheltering at the Argentine embassy in Caracas since March 2024.... Read More

*Colombia’s state-controlled oil company Ecopetrol has released its latest quarterly report, showing a 22.8% drop in net profits in Q1 2025 compared with Q1 2024.... Read More

On 6 May a five-judge panel of Brazil’s supreme court (STF) officially declared seven more suspects as defendants in the high-profile case relating to an alleged coup plot to overturn the 2022 election defeat of former president Jair Bolsonaro (2019-2023).... Read More

*Brazil’s largest digital bank, Nubank, has announced that the former head of the central bank (BCB), Roberto Campos Neto (2019-2025), will serve as Nubank’s Vice Chairman and Global Head of Public Policy from 1 July.... Read More

On 6 May El Salvador’s national journalists’ association, Asociación de Periodistas de El Salvador (Apes), presented a formal information request before the attorney general’s office (FGR) regarding possible arrest warrants for journalists at local investigative media outlet El Faro.... Read More

*Banana company Chiquita Panamá, the local subsidiary of multinational banana company Chiquita Brands International, has urged its workers to resume activities, amid a nationwide strike which began on 23 April by Panama’s leading teachers’ association Asociación de Profesores (Asoprof) and has since grown to include other sectors.... Read More

On 6 May the international media reported that a leader of Mexico’s Cártel de Sinaloa, Ovidio Guzmán López, who is currently in prison in the US, is reportedly close to reaching a plea deal over drug trafficking charges he faces, as tensions between Mexico and the US continue over border security.... Read More

*Mexico’s national statistics institute (Inegi) has announced that gross fixed capital formation (GFCF) in February 2025 was down by 6.0% in annual terms.... Read More

On 6 May Argentina’s Public Security Minister Patricia Bullrich announced she had joined President Javier Milei’s far-right La Libertad Avanza, sparking criticism from her former party, the right-of-centre Propuesta Republicana (PRO).... Read More

*Argentina’s central bank (BCRA) has announced that the economy ministry has used US$12bn from the new agreement with the International Monetary Fund (IMF) to repurchase US dollar loans (known as Letras Intransferibles) held by the BCRA.... Read More