LatinNews Daily - 03 July 2025

On 2 July the Southern Common Market (Mercosur) announced the conclusion of negotiations for a trade agreement with the European Free Trade Association (Efta), comprising Iceland, Liechtenstein, Norway, and Switzerland, on the first day of its summit in Argentina.... Read More

On 2 July Ecuador’s President Daniel Noboa met Italy’s Prime Minister Giorgia Meloni in Rome as he concludes a diplomatic tour that has also seen him visit China and Spain over the past two weeks.... Read More

*Bolivia’s national statistics institute (INE) has released the latest consumer price index, putting monthly inflation in June at 5.21% – up from 3.65% in May.... Read More

On 2 July Brazil’s President Luiz Inácio Lula da Silva ramped up his defence of the government’s petition submitted to the supreme court (STF) the previous day which requested the restoration of the recent tax increases suspended by congress last week.... Read More

*Brazil’s national statistics institute (Ibge) has released the figures for industrial production in May, which showed that production was down by 0.5% from the previous month but up 3.3% compared to May last year.... Read More

On 2 July lawyers of Kilmar Ábrego García, a Salvadorean wrongly deported in March by the US government led by President Donald Trump to El Salvador’s notorious Centro de Confinamiento del Terrorismo (Cecot) penitentiary, filed court papers outlining torture and abuse that he had suffered in the mega-jail.... Read More

*Remittances sent to El Salvador by expatriates totalled US$899m in May 2025, up from US$806m in April and US$764m in May 2024, according to the central bank (BCR).... Read More

On 2 July Mexico’s President Claudia Sheinbaum denied that security-related bills recently passed in congress were designed to allow the government to spy on the public.... Read More

*Mexico’s national statistics institute (Inegi) has announced that 116,059 light vehicles were sold in the country in June, signifying a drop of 5.9% compared with June 2024.... Read More

*Paraguay’s central bank (BCP) has released inflation figures for June, which showed a monthly inflation rate of 0% and an annual rate of 4.0%.... Read More