☀ Domingo Brief — Puerto Rican Day Parade

Each Sunday, take two minutes to catch key stories and opportunities shaping Latin America.

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Welcome back to the Domingo Brief! This week, we’re keeping up with the TIME100 list, Brazil’s Vice President in China, and more.

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Trivia of the Week

Last week’s Trivia question was instead a poll on presidential voting intention, so obviously there were no wrong answers. Interestingly, though, our audience — polled across our newsletter, X, LinkedIn, and Instagram — overwhelmingly ‘delivered’ major victories for Xóchitl Gálvez, while in reality Claudia Sheinbaum won in a landslide.

Each week, tune back in for the answer to the previous week’s trivia question. No cheating!

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🇦🇷 Argentina’s poverty rate has reached an alarming 55% in 2024, per a new report from a respected local research organization. This would mean that roughly 25M people in the country are poor, of which 8M live in extreme poverty. The country’s ongoing recession, when partnered with triple-digit inflation and steep cuts to social programs, benefits, and jobs, has led to a majority of the country struggling to make ends meet or avoid food insecurity.

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🇧🇷 Brazilian Vice President Geraldo Alckmin was in China this week for a high-level state visit involving a meeting with President Xi Jinping. The visit was scheduled to commemorate 50 years of diplomatic relations between the two BRICS partners, given ties were only established in 1974. Alckmin brought with him a number of guests and invitees, such as business leaders, investment promotion agency representatives, and former ambassadors.

Latinometrics: As Brazil’s largest trade partner since 2009, China has only grown in importance for Latin America’s giant in recent years. The country is a top investor, provides international financing, and — particularly under President Lula da Silva — serves as a clear diplomatic partner on the world stage.