Latin America News
LAST UPDATE: July 30, 2025
Chile Central Bank Cuts Interest Rate to 4.75% and Keeps Guidance for More Reductions
The Central Bank of Chile cut its key interest rate by 25 basis points to 4.75%, signaling further easing due to declining inflation.
Insight
Chile’s monetary authority is taking a cautious approach to supporting growth while managing inflation expectations through gradual rate reductions.
Colombian government seeks beefed-up budget in 2026
Colombia proposed a record-high 2026 budget of 557 trillion pesos to support public spending and investment.
Insight
The larger budget underscores the government’s commitment to social and economic priorities, though it may challenge adherence to fiscal discipline.
Mexico Raises Import Taxes on Online Purchases from Shein, Temu
Mexico raised import duties on small online purchases from platforms like Shein and Temu to 33.5% amid trade tensions.
Insight
This move reflects growing protectionist sentiment and may reshape the dynamics of cross-border e-commerce in Mexico.
Trump tariffs spread alarm among Brazilian farmers and ranchers
U.S. tariffs of up to 50% on Brazilian agricultural exports have alarmed producers, raising concerns over price drops and lost markets.
Insight
The tariffs threaten Brazil’s key export sectors, highlighting the vulnerability of commodity-dependent economies to geopolitical trade shifts.
How Haiti’s gangs have become an army
Haitian gangs have evolved into heavily armed groups exerting control over parts of the capital, challenging state authority.
Insight
The militarization of gangs in Haiti underscores systemic governance failures and signals a potential humanitarian and security crisis.
Un FMI optimista: la inflación baja al 23% y crece 5,5% la economía
The IMF forecasts Argentina’s inflation to fall to 23% and GDP to grow by 5.5% in 2025, signaling a significant economic turnaround.
Insight
Despite optimistic macroeconomic projections, sustaining this growth will depend on continued fiscal and monetary discipline.
An optimistic IMF: inflation drops to 23% and the economy grows by 5.5%
English version of the same report highlighting the IMF’s positive outlook on Argentina’s inflation and economic growth.
Insight
The favorable forecast reflects progress in economic stabilization, though risks related to capital flight and political uncertainty remain.
