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LatinNews Daily - 10 June 2025

Main Briefing
On 9 June the US Department of the Treasury’s Office of Foreign Assets Control (Ofac) announced sanctions targeting Los Chapitos, a faction of Mexico’s Cártel de Sinaloa that the US claims bears primary responsibility for the illicit fentanyl trade.... Read More
Andean
On 9 June Bolivia’s Attorney General Roger Mariaca announced the launch of a new investigation into former president Evo Morales (2006-2019) for various alleged crimes related to an ongoing campaign of roadblocks by his followers.... Read More
*Ecuador’s national statistics institute (Inec) has published the consumer price index for May, putting monthly inflation at 1.03% – up from 0.27% in April.... Read More
Brazil
On 9 June Brazil’s supreme court (STF) began the depositions for the seven suspects accused of leading a coup plot in 2022 to overturn the election defeat that year of former president Jair Bolsonaro (2019-2023).... Read More
*Brazil’s central bank (BCB) has released the latest edition of its Focus bulletin, a weekly survey containing the economic projections of private sector economists and analysts, which showed an annual GDP growth forecast of 2.18% for 2025.... Read More
Central America & Caribbean
On 9 June Guatemala’s government said it was working with Mexico to clarify an armed clash which took place the previous day in the Guatemalan village of La Mesilla, La Democracia municipality, Huehuetenango department, in which Mexican troops crossed into Guatemalan territory after killing four suspected criminals in Mexico.... Read More
*Panama’s President José Raúl Mulino has denounced cost overruns of over US$1.8bn in relation to the construction of a fourth bridge over the Panama Canal, which is due to be inaugurated in August 2028 with a total investment of US$2.14bn.... Read More
Mexico
*Mexico’s national statistics institute (Inegi) has released the consumer price index (INPC) for May, reporting that monthly inflation stood at 0.28% in May, down from 0.33% in April.... Read More
Southern Cone
On 9 June Argentina’s former president Cristina Fernández (2007-2015) accused the far-right government of President Javier Milei of wanting to “put her head on a pike” as speculation grows that the supreme court (CSJN) is poised to deliver a verdict on her appeal against a corruption conviction.... Read More
*Argentina’s central bank (BCRA) has announced a slew of new measures aimed at boosting its international reserves.... Read More

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