International
The president of the Dominican Republic, Luis Abinader, will assume his second term determined to reform the Constitution
The president of the Dominican Republic, Luis Abinader, will assume his second and last term of government next Friday after achieving re-election last May, and he will do so with a view to a constitutional reform, criticized by many, and a fiscal reform, which has been postponed for years.
Just hours before the results of the May elections were known, Abinader, of the Modern Revolutionary Party (PRM, liberal and progressive), announced his intention to change the Constitution, which would be the fourth reform of this century, and everything indicates that he will do so.
Trusting that this “is the last” reform, Abinader, a 57-year-old economist, should not have major inconveniences in bringing this proposal of changes in the Magna Carta to fruition, if it is taken into account that the PRM will mostly control the National Congress from Friday, after rising in the elections with 29 of the 32 senators and 146 of the 190 deputies.
The initiative, which will be presented to Congress coinciding with the investiture, has among its main objectives to prevent changes to the rules of the presidential election (limited to two consecutive terms), consolidate the independence of the Public Ministry (Public Prosecutor’s Office), reduce the number of deputies and unify the holding of elections, according to the proposal presented by Abinader a few days ago to the press.
It is not, he said then, “a conjunctural reform driven by partisan political needs or individual aspirations,” but it is “thought for the benefit of the community” and to consolidate the principles of democracy, transparency and institutionality, as “a shielding of democracy.”
But, at the same time that the Government and the PRM defend the eventual reform, there is also a growing criticism from the opposition, which considers a change of the Magna Carta to be inopportune.
Among the critics is former president Leonel Fernández, who faced Abinader in the elections and who considers that the best way to protect the Constitution is not to touch it, although he already did it in 2010.
In return, the three-time president of the Dominican Republic, whose party, the People’s Force, is the second formation in the National Congress, proposes that the referendum law be approved, which is contemplated in the 2010 Constitution, but still without legislation in this regard.
The questions have also been joined by prosecutors, who fear that, through the reform, the Superior Council of the Public Ministry will be eliminated, which Abinader denies.
Along with the constitutional change, Abinader also has a tax reform in the sights.
Dominican Republic – with an average annual growth rate of approximately 5% for decades and which, as reported on Tuesday by the Economic Commission for Latin America and the Caribbean (ECLAC), will lead the growth of the region with 5.2% in 2024 – has had a fiscal reform pending for years, a promise already of Abinader’s campaign for the 2020 elections.
In fact, just two months after assuming power for the first time and in the midst of the COVID-19 pandemic, Abinader presented a plan with new taxes to face the crisis, but ended up withdrawing it due to criticism.
Representatives of the public sector, the private sector and even international organizations understand that the reform is urgent.
According to a recent report by the International Monetary Fund (IMF), fiscal reform can help the Dominican Republic attract more investment.
However, “beyond the much-needed increase in tax revenues,” the comprehensive tax reform “should include the adoption of a tax rule that establishes limits on long-term public debt, which would increase certainty and help safeguard fiscal sustainability,” says the IMF.
Another “critically important” reform, according to the IMF, is to address the failures of the electricity sector, which come from far away and have generated significant losses, which average between 1% and 2% of annual GDP in the last decade.
Apart from these issues, Abinader will also have to face long-standing social debts in the next four years, along with the deficient health system, labor informality or insecurity.
And at the same time it will have to face the increasingly chaotic traffic, which every year causes between 3,000 and 4,000 deaths, making the country one of the first places in the world in road deaths.
International
UK braces for potential CO₂ shortage amid Middle East tensions
The government of United Kingdom is preparing contingency measures amid fears of a potential shortage of carbon dioxide (CO₂), which could impact the agri-food industry if the Strait of Hormuz remains blocked due to the ongoing conflict in the Middle East, The Times reported on Thursday.
According to the newspaper, officials assessed this scenario during a recent crisis meeting aimed at evaluating the consequences of a prolonged conflict, triggered on February 28 by joint attacks from United States and Israel against Iran.
Under this scenario, CO₂ supplies—primarily a byproduct of fertilizer production using natural gas—could fall by up to 18%, affecting multiple sectors including agriculture and food production.
The gas is widely used in the slaughter of pigs and poultry, as well as in extending the shelf life of packaged foods. Breweries could also face disruptions due to reduced availability.
“I don’t want to comment on a leak, but now that the information is out there, I hope people feel reassured knowing we are working on it,” said Peter Kyle, Secretary of State for Business and Trade, in remarks to Sky News.
While a drop in CO₂ supply is not expected to cause major shortages in supermarkets, it could limit product variety, The Times noted, citing access to internal government documents.
To mitigate the impact, authorities are considering prioritizing CO₂ supply for critical sectors such as healthcare and civil nuclear energy, where it is used in cooling systems for blood reserves, organs, vaccines, and electricity generation. The government may also request domestic producers to increase output.
Central America
El Salvador and Paraguay approve 2026–2028 cooperation program
The governments of El Salvador and Paraguay approved the 2026–2028 Cooperation Program, which includes six joint development projects, according to Salvadoran Vice Minister of Foreign Affairs Adriana Mira.
Mira stated that El Salvador will act as the “main provider of cooperation,” contributing five initiatives focused on road infrastructure, tourism, and local development. She also noted that one of the projects will be led by the Paraguayan side, although no further details were disclosed.
The agreement was reached during the Second Meeting of the Joint Commission on Technical and Scientific Cooperation between both countries.
According to Paraguay’s Ministry of Foreign Affairs, the First Meeting of the Political Consultation and Bilateral Coordination Mechanism was also held, with the participation of Vice Minister Víctor Verdún.
In an official statement, the Paraguayan government reported that both delegations agreed to identify mechanisms to promote competitiveness, economic growth, and market access. They also committed to signing agreements related to air transport cooperation.
International
Macron meets Machado, stresses need for democratic transition in Venezuela
Emmanuel Macron met on Monday at the Élysée Palace with Venezuelan opposition leader María Corina Machado, where they discussed the importance of advancing a democratic transition in Venezuela.
In a message shared on social media, Macron highlighted Machado’s commitment to freedom and stressed the need to achieve a transition that is peaceful and respects the will of the Venezuelan people.
“I received María Corina Machado, Nobel Peace Prize laureate. Together, we discussed her commitment to freedom and the importance of achieving a democratic, peaceful transition in Venezuela that respects the will of its people,” he wrote.
For her part, Machado expressed her “deep gratitude” to Macron and to France for their support of democracy and freedom in Venezuela.
“We have gone through a long and painful journey, and we are now very close to freedom. Venezuela will become a nation of free and equal men and women—prosperous, safe, and united,” she said.
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