☀ Domingo Brief — Lula’s 1st Decree Rejection

Welcome back to the Domingo Brief! This week, we’re keeping up with the Costa Rican President’s illicit campaign financing case, Colombia’s sovereign ratings downgrade, and more.

Trivia of the Week 🎯

An impressive 78% of you correctly guessed Bad Bunny as the artist who decided not to perform in the continental United States for his upcoming Debí Tirar Más Fotos World Tour. The Puerto Rican native expressed a desire to prioritize his connection to his home island for the tour given the profound cultural roots which largely inspired his album. As a result, the tour will begin with a 30-day residency in Puerto Rico, during which his continental US fans must travel to the island to watch him perform live. Following the concert residency, Bad Bunny will kick off his global tour across Latin America, Europe, Asia, and Australia in November.

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

🇧🇴 Bolivia has experienced a surge in cryptocurrency transactions following the removal of a ban on cryptocurrencies, according to data released by the Bolivian central bank. In the first half of 2025, transactions using Electronic Payment Channels and Instruments for Virtual Assets increased by 530% over the same period last year, facilitating access to foreign currency transactions like remittances and payments for SMEs. The crypto ban was officially lifted in June of last year, inciting Bolivians to turn to crypto exchanges and stablecoins as a way of protecting their assets against local currency depreciation amidst a worsening economic crisis.

🇧🇷 Brazil’s Congress has nullified a presidential decree passed by president Inácio Lula da Silva aimed at hiking a financial transactions tax. Lula’s congressional allies only managed 98 votes against 383 in the lower house to maintain the tax increase on transactions like foreign exchange and credit cards, marking the first instance of lawmakers overturning a presidential decree in Brazil since 1992. The historic defeat speaks to the lack of a stable majority in Congress for Lula, a damning reality ahead of a looming campaign trail leading up to Brazil’s October 2026 election.

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