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LatinNews Daily - 8 May 2025
Main Briefing
On 7 May Colombian police arrested former senate president Iván Name (2023-2024) and former president of the lower chamber of congress Andrés Calle (2023-2024) in relation to a corruption scandal at the government’s disaster risk management unit (UNGRD).... Read More
Andean
*Colombia’s minister for information technology and communications, Julián Molina, has presented congress with a bill to regulate artificial intelligence (AI).... Read More
Brazil
On 7 May the lower house of Brazil’s congress approved a motion to suspend the legal action against federal deputy Alexandre Ramagem, who has been formally charged in a supreme court (STF) case regarding an alleged plot to launch a coup to overturn the 2022 election defeat of former president Jair Bolsonaro (2019-2023).... Read More
*The monetary policy committee (Copom) of Brazil’s central bank (BCB) has raised the country’s benchmark interest rate (Selic) from 14.25% to 14.75%.... Read More
Central America & Caribbean
On 7 May UK-headquartered mining company Metals Exploration announced the start of construction on its La India mine, which is located close to the Nicaraguan town of Santa Rosa del Peñón, León department.... Read More
*Cuba’s President Miguel Díaz-Canel has met his Russian counterpart Vladimir Putin in Moscow, during a three-day visit to Russia marking 65 years of diplomatic relations.... Read More
Mexico
On 7 May residents of Mexico’s Teuchitlán municipality, Jalisco state, protested in state capital Guadalajara against the arrest of Teuchitlán mayor, José Murguía Santiago, four days earlier.... Read More
*Mexico’s leading business lobby group, Confederación Patronal de la República Mexicana (Coparmex), has sent a delegation to Washington D.C.... Read More
Southern Cone
On 7 May Argentina’s senate voted to reject a bill that would have barred individuals convicted of corruption from holding public office.... Read More
*Argentina’s state oil company Yacimientos Petrolíferos Fiscales (YPF) has released its financial results for the first quarter of 2025, showing a net loss of US$10m.... Read More
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- COLOMBIA: Former heads of congress arrested over UNGRD corruption
- In brief: Colombia’s gov’t presents AI regulation bill
- BRAZIL: Relief for Bolsonaro ally accused of plotting coup
- In brief: Brazil’s central bank slows rate hike cycle
- NICARAGUA: Construction begins on major mine
- In brief: Cuba and Russia shore up relations
- MEXICO: Protests over arrest of Teuchitlán mayor
- In brief: Mexico business lobby boosts ties in US
- ARGENTINA: Boost for Peronists as senate rejects key bill
- In brief: Argentine state oil firm YPF posts net loss in Q1