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LatinNews Daily - 19 June 2025
Main Briefing
On 18 June Colombia’s top administrative court, the Consejo de Estado, issued a preliminary ruling suspending the referendum on labour reform that President Gustavo Petro convened by decree on 11 June.... Read More
Andean
*Peru’s investment promotion agency (Proinversión) has announced that in July it will award a contract for a 965km roadbuilding and maintenance project as part of a public-private partnership totalling an estimated US$1.58bn.... Read More
Brazil
On 18 June Brazil’s federal police (PF) arrested army reservist colonel Marcelo Câmara, a defendant in a supreme court (STF) case involving an alleged coup plot in 2022 to help former president Jair Bolsonaro (2019-2023) stay in power.... Read More
*The monetary policy committee (Copom) of Brazil’s central bank (BCB) has raised the country’s benchmark interest rate (Selic) from 14.75% to 15.00%.... Read More
Central America & Caribbean
On 18 June 17 international press freedom groups issued a joint statement signalling serious concern over the “accelerated deterioration” of press freedom in El Salvador in recent weeks.... Read More
*Nicaragua’s central bank (BCN) has announced that the country’s GDP expanded by 3.0% in the first quarter of 2025 year-on-year.... Read More
Mexico
On 18 June the US administration of President Donald Trump announced sanctions against five leaders of Mexico’s powerful Cártel Jalisco Nueva Generación (CJNG).... Read More
*The Mexican institute of certified public accountants (IMCP), a professional body, has been cited by the local and international media as estimating that US President Donald Trump’s proposed 3.5% tax on remittances sent home by expatriate workers could reduce remittances sent to Mexico by up to US$2.25bn.... Read More
Southern Cone
On 18 June Argentina’s presidential spokesperson Manuel Adorni defended a decree signed by President Javier Milei two days earlier to expand the scope of the federal police (PFA).... Read More
*Argentina’s economy ministry has released its fiscal statistics for May, showing that the public sector registered a primary surplus of Ar$1.7tn (US$1.5bn) and a financial surplus of Ar$662.1bn.... Read More
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- COLOMBIA: High court strikes down Petro’s referendum
- In brief: Peru announces major roadbuilding project
- BRAZIL: Former Bolsonaro adviser arrested in relation to coup case
- In brief: Brazil’s central bank raises interest rates again
- EL SALVADOR: Alarm over ‘accelerated deterioration’ of press freedom
- In brief: Nicaragua’s growth slows in Q1
- MEXICO: US sanctions CJNG leadership
- In brief: Warnings of impact in Mexico of US proposed remittance tax
- ARGENTINA: Milei expands powers of federal police
- In brief: Argentina’s primary surplus up in monthly terms