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LatinNews Daily - 30 July 2025
Main Briefing
On 29 July Brazil’s former president Jair Bolsonaro (2019-2023) attended a far-right rally in Brasília but did not give a speech, possibly to avoid violating the restrictions imposed on him by the supreme court (STF) on 18 July, which include a social media ban among other things.... Read More
Andean
On 29 July Ecuador’s minister for government, José de la Gasca, a close ally of President Daniel Noboa, resigned.... Read More
*Colombia’s Finance Minister Germán Ávila Plazas has presented the government’s draft budget for 2026, which sets out Col$557tn (US$134.7bn) in planned spending – up by 5.9% from the 2025 budget.... Read More
Brazil
*Brazil’s Finance Minister Fernando Haddad has expressed hope that Brazilian and US authorities can reach a negotiated solution to the possible implementation of tariffs on Brazilian products entering the US from 1 August onwards.... Read More
Central America & Caribbean
On 29 July Nicaragua’s President Daniel Ortega described relations with China as “extraordinary” as a new mining concession was awarded to a Chinese company.... Read More
*Panama’s ministerial cabinet has approved the government’s draft budget proposal for 2026, which plans for US$34.9bn in spending, up by US$4.2bn on the 2025 budget.... Read More
Mexico
On 29 July Mexico’s interior ministry (Segob) announced that the head of the national search commission (CNB), Teresa Reyes Sahagún, had resigned.... Read More
*Mexico’s finance ministry (SHCP) has made a US$12bn debt offering on the international market in a bid to support the indebted state-owned oil company Pemex.... Read More
Southern Cone
On 29 July six deputies from Argentina’s opposition Unión Cívica Radical (UCR) joined a coalition with President Javier Milei’s ruling far-right La Libertad Avanza (LLA).... Read More
*Chile’s central bank (BCCh) has reduced its benchmark interest rate by 25 basis points to 4.75%, representing the first interest rate cut of the year.... Read More
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