Bottom Line Up Front
Today’s verdict: Colombia’s Senate approved moving the August 7 inauguration to Cauca, the president-elect’s first congressional win — and the same maths signals his coalition can block the opposition, making the wealth-tax reform that would reach resident expats almost certainly dead.
Colombia’s reversal. The Senate voted 55-32 to relocate the swearing-in, a win that shows the president-elect can build majorities.
The tax read. By the same maths, the opposition falls short of the votes to pass Petro’s reforms, so the wealth-tax cut is very unlikely.
Chile’s reform passes. The Chamber approved most of Kast’s tax overhaul, cutting corporate tax and easing property tax for older homeowners.
