☀ Domingo Brief — Peru’s New President (Again)

Welcome back to the Domingo Brief! This week, we’re keeping up with a Venezuelan Nobel Prize winner, Chilean telecoms shifts, and more.

Trivia of the Week 🎯

Just under a quarter (24%) of you correctly guessed Tarcisio de Freitas as the Brazilian politician who announced last week they’re running in next year’s presidential election. The conservative São Paulo state governor, considered a frontrunner to replace convicted ex-president Jair Bolsonaro as the primary right-wing figure in next year’s election, announced he intends to instead run for reelection. This colossal shift in the political landscape opens up the political race among multiple other center-right and right-wing politicians from around the country, including most notably Minas Gerais governor Romeu Zema.

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

🇧🇷 Brazil is rolling out a new housing credit model including $6.7B in real estate loans. The new funding framework loosens rules on bank allocations to the real estate sector, building upon the widespread use of savings accounts for housing credit across Latin America.

🇨🇱 América Móvil and Entel are reportedly considering a joint offer for acquiring all of Telefónica's Chilean assets, with AM more interested in the mobile phone assets while Entel instead focuses on Movistar Chile’s fixed-line assets and fixed networks. This prospect comes as Spanish mobile giant Telefónica, a major player in Chile’s telecoms sector since 1990, reportedly seeks to divest from the country alongside many Latin American neighbors.

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