☀ Domingo Brief — Bad Bunny’s Super Bowl

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

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Latinometrics
October 05, 2025 • Reading Time: 3 minutes

Welcome back to the Domingo Brief! This week, we’re following Chile’s presidential race, Nubank’s surprising move, and more.

Trivia of the Week 🎯

Roughly 35% of you correctly answered that Bolivia’s judicial branch was located in the constitutional capital of Sucre. Meanwhile, the other three branches of government — electoral, legislative, and executive — are all based in La Paz. Neither city is even Bolivia’s largest: that title would be reserved for Santa Cruz, which actually has a larger population than that of both Bolivian capitals combined.

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

Which major Brazilian politician announced this week they’re not running in next year’s presidential election?

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🇧🇷 Nubank has applied for a US banking license, meaning the world’s largest neobank may well be en route to entering the world’s largest economy, Latin America’s most historic fintech success story, fresh off 100M customers across Brazil, Colombia, and Mexico, is now turning its sights north to conquer the fabled US banking market, where it will go up against not only fintech adversaries but established giants like Bank of America, Chase, Citi, and Wells Fargo. Boa sorte to the purple revolution!

🇨🇱 Chile’s presidential election is heating up as two clear frontrunners emerge: ultra-conservative José Antonio Kast and longtime communist Jeannette Jara. The two have cleared much of their competition and settled into comfortable leads ahead of next month’s first-round vote. Given neither is expected to obtain an outright majority, a second-round run-off will be set for mid-December, with Kast currently a clear favorite to win.

Latinometrics: This is the 59-year old Kast’s third presidential election, following his most recent loss in the 2021 run-off against current President Gabriel Boric. His past runs have been marred by controversies over his father’s Nazi past and even his brother’s various positions in the brutal Pinochet dictatorship, but this is clearly his race to win. Boric’s approval ratings hover in the low 30s, making Kast’s job easier, while voters are expected to trust him over Jara when it comes to the major issues of this election: crime, economic growth, and immigration.

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