Thursday’s Latin American Pulse opens with Chile’s Cámara handing José Antonio Kast his first major legislative win — passing the Reconstrucción Nacional law and sending it to the Senate as the IPSA rallied 2.40% — Lula signing decrees that make Big Tech liable for criminal content without a court order, Venezuela‘s $170bn debt restructuring lifting bonds to nine-year highs as Raúl Castro is indicted in the US, Bolivia’s paro hardening with Argollo still in hiding, Milei’s Hojarasca deregulation law reaching the floor, and a Petro wealth tax crushing Colombian bank profits. Today’s intelligence brief tracks six institutional decisions inside the same 24 hours.
01 · Chile — Kast Wins First Major Vote as Reconstruction Law Clears Cámara Bullish
The Latin American Pulse leads in Chile, where the Cámara de Diputados handed President José Antonio Kast his first major legislative victory Wednesday, approving the Plan de Reconstrucción Nacional in general by 90–59 with one abstention and then in particular before despatching it to the Senate. The “megarreforma” cuts the corporate rate, grants 25-year tax invariability for new investment and injects CLP 400bn into the fire-emergency fund for Ñuble and Biobío. The Partido de la Gente delivered the general vote after a PYME-tax deal. The IPSA closed Wednesday at 10,599.69, up 2.40%.
