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LatinNews Daily - 02 July 2025
Main Briefing
On 1 July Costa Rica’s supreme court (CSJ) sent a request to the 57-member unicameral legislature to strip President Rodrigo Chaves of his immunity from prosecution to be investigated for corruption.... Read More
Andean
On 1 July Venezuela’s national assembly declared the United Nations (UN) High Commissioner for Human Rights Volker Türk persona non grata, in response to a damning report on the human rights situation in Venezuela.... Read More
*Bolivia’s central bank (BCB) has announced that its international reserves increased by US$830m over the first six months of the year and stood at US$2.81bn at the end of June.... Read More
Brazil
On 1 July the office of the solicitor general (AGU), the legal counsel of Brazil’s executive government, petitioned the supreme court (STF) to restore the recent tax increases decreed by the government which were suspended by a bill passed by congress on 25 June.... Read More
*Brazil’s President Luiz Inácio Lula da Silva and Agriculture Minister Carlos Fávaro have launched the 2025/2026 ‘Plano Safra’ (harvest plan), the annual financing plan for the agricultural sector.... Read More
Central America & Caribbean
*Honduras’ central bank (BCH) has announced that monthly inflation in June was 0.44%, up from 0.31% in May.... Read More
Mexico
On 1 July Mexico’s senate voted in favour of two new national security laws, which along with four other security-related reforms are intended to strengthen and regulate the work of security agencies, including the national guard (GN).... Read More
*Mexico’s central bank (Banxico) has released new figures on remittances for May, showing a 4.6% drop from the same month last year.... Read More
Southern Cone
On 1 July Chile’s government led by President Gabriel Boric announced that it had presented a bill the previous day to reform the political system.... Read More
*Chile’s central bank (BCCh) has released its latest monthly index of economic activity (Imacec), which serves as a proxy for GDP, showing an increase of 3.2% in May 2025 compared with the same month of 2024.... Read More
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- COSTA RICA: Top court moves against Chaves
- VENEZUELA: OHCHR chief declared persona non grata
- In brief: Bolivia’s international reserves tick up
- BRAZIL: Gov’t challenges congress in court over suspended tax rises
- In brief: Brazil’s government increases funding for agribusiness
- In brief: Inflation picks up in Honduras
- MEXICO: Congress approves security package
- In brief: Remittances to Mexico down year-on-year in May
- CHILE: Gov’t seeks to reduce political fragmentation
- In brief: Chile’s economic activity up year-on-year, falls in monthly terms