LatAm Weekly Roundup — May 9, 2025
This week, Mexico saw a slight increase in inflation to 3.93% in April, while GDP grew by 0.2% in the first quarter, driven by the agricultural sector. In Costa Rica, Rodrigo Arias was re-elected president of Congress, intensifying tensions with the Executive branch. In Brazil, the Social Security Institute (INSS) was hit by a massive fraud scheme, leading to the dismissal of its president and the resignation of the Minister of Social Security. In Argentina, the Senate rejected the Clean Record Law by just one vote. Chilean President Gabriel Boric is preparing for a summit with Xi Jinping to strengthen ties with China. In Peru, controversial remarks by the Prime Minister regarding mining-related murders led to a censure motion that could force the entire cabinet to resign. Meanwhile, in the Dominican Republic, President Luis Abinader urged the U.S. to support stronger international action in response to the ongoing crisis in Haiti.
For more insights, read the full report here in ENGLISH, SPANISH, and PORTUGUESE:
