Bottom Line Up Front
Today’s verdict: Argentina are into the World Cup semi-finals, the region’s last team, and next is England on Wednesday in a fixture heavy with history — as Colombia’s July 20 tax reform takes shape, aiming higher income and wealth taxes at top earners.
Argentina reach the semis. A Julián Álvarez extra-time stunner beat Switzerland 3-1, sending the holders to the last four. They meet England in Atlanta on Wednesday, a tie loaded with history.
Colombia’s tax reform takes shape. The July 20 bill would raise the top income-tax rate, trim VAT exemptions and lean on a wealth tax. It is the measure that reaches resident foreigners’ income, wealth and property.
A first legal test passes. A court declined to admit, but did not reject, a bid to annul the president-elect’s win. The August 7 inauguration proceeds as planned.