Latin America News
LAST UPDATE: July 3, 2025
Bolivia Inflation Soars to 34-Year High Ahead of August Election
Bolivia’s inflation surged to the highest level in 34 years, driven by a dollar shortage, fuel scarcity, and widespread unrest, ahead of its August 17 presidential election.
Insight
Inflationary pressure adds political risk to an already volatile election. Consumers face eroding purchasing power and uncertainty, which may sway voter sentiment or pressure the new government toward urgent economic reforms.
Costa Rica president hits back in rift with Supreme Court
President Rodrigo Chaves strongly criticized the Supreme Court’s request to strip his immunity for corruption charges, denouncing the court as a “national disgrace” and warning it undermines democratic credibility.
Insight
Chaves’s confrontation with the judiciary deepens institutional polarization. His defiant rhetoric risks inflaming tensions between branches of government, which could impact governance stability ahead of looming legal proceedings.
