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LatinNews Daily - 01 July 2026

Main Briefing
On 30 June the leaders’ summit of the Mercosur regional trade bloc took place in Asunción, Paraguay, with the bloc announcing the launch of negotiations for a trade deal with Japan.... Read More
Andean
On 30 June Colombia’s President-elect Abelardo de la Espriella announced that the conservative economist Miguel Gómez will be his finance minister after he takes office on 7 August.... Read More
*Colombia’s central bank (Banrep) has raised interest rates by 75 basis points to 12%.... Read More
Brazil
On 30 June Michelle Bolsonaro, the wife of Brazil’s former president Jair Bolsonaro (2019-2023), announced that she will step down as leader of PL Mulher, the women’s wing of the Bolsonaro family’s right-wing Partido Liberal (PL).... Read More
*Brazil’s government has announced the start of a gradual phaseout of measures adopted in recent months aimed at mitigating the impact of the global fuel price volatility caused by the conflict in the Middle East.... Read More
Central America & Caribbean
On 30 June Cuba’s Foreign Minister Bruno Rodríguez told the media that there had been “no progress” in talks with the US which have been taking place since earlier this year.... Read More
*The governments of Guatemala and Peru have announced that a new bilateral free trade agreement (FTA) takes effect today (1 July).... Read More
Mexico
On 30 June the US Treasury Department’s Office of Foreign Assets Control (Ofac) imposed sanctions aimed at combatting the fuel smuggling operations of Mexico’s Cártel Jalisco Nueva Generación (CJNG).... Read More
*Mexico’s Economy Minister Marcelo Ebrard has confirmed that a meeting will take place today (1 July) with US Trade Representative Jamieson Greer and Canada’s minister for US trade, Dominic Leblanc in relation to the review of the US-Mexico-Canada Agreement (USMCA).... Read More
Southern Cone
*Chile’s national statistics institute (INE) has released the latest unemployment figures, which showed that unemployment in the rolling quarter of March-May 2026 stood at 9.4%, equivalent to 981,315 people.... Read More

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