International
Chilean President abandons his fiscal reform and presents new proposal
August 2|
Chilean President Gabriel Boric said on Tuesday that his government will not insist on a rejected tax reform bill and will promote new initiatives to raise the necessary funds to address some of its promised social proposals.
In June, the leftist ruler had said that his government would insist at the end of July in the Senate to resume the legislative processing of the tax adjustment.
Through a new Fiscal Pact, Boric said that the spending proposals involve resources for 8,000 million dollars to finance programs such as the Universal Guaranteed Pension to improve the lowest pensions, reduction of waiting lists in health, as well as greater investment in citizen security.
“This proposal considers the contribution made by growth, the reform of the state, the strengthening of tax oversight and taxes paid by the higher income sectors to be able to finance in this way the social expenses that are urgent,” he said in a televised speech.
“We are not going to insist in the Senate with the bill that was previously rejected”, he added.
Boric did not specify deadlines for the delivery and processing of the initiatives, or how much the total collection is expected to be.
The government’s new proposal will be divided into two projects, one to improve tax compliance and the other to adjust income tax focused on those with greater resources.
“This initiative will also include tax incentives for investment, productivity and formalization, as well as benefits for the middle class and a new regime for smaller companies,” he said.
He specified that the tax incentives would be equivalent to 0.5 points of the Gross Domestic Product (GDP).
The first project includes measures that seek to increase tax collection through legal modifications that do not imply a tax increase, which would increase tax collection by 1.5% of the GDP in net terms, according to a government minute.
Meanwhile, the second will be focused on income tax for both companies and individuals and will include incentives for investment, productivity and formalization, as well as benefits for the middle class and the new tax regime for smaller companies, which would have a fiscal cost of 0.5% of GDP.
At the investment level, tax incentives such as semi-instantaneous depreciation and a tax credit fund for investments with a multiplier effect on activity, employment and environmental sustainability are proposed.
It also commits to reduce by 30% the processing time for mining projects, according to the minutes.
Additionally, the plan includes five priority areas of productive diversification that by 2026 foresees three or four new lithium projects, two thirds of the energy matrix with renewable sources, 10-12 projects in the development of green hydrogen and an increase in the digital economy.
The original tax reform bill was rejected in March by the deputies and the government could only insist on its passage through the Senate.
International
Father Faces Murder Charges in Georgia School Shooting Case
Colin Gray, 55, appeared in court Monday facing charges of murder and involuntary manslaughter in connection with the September 4, 2024, shooting at Apalachee High School, carried out by his son, Colt.
Two 14-year-old students and two teachers were killed, and nine others were injured in the shooting in Winder, Georgia. Colt Gray, who was 14 at the time and is now 16, has been charged as an adult and is awaiting a trial date.
During opening statements, prosecutors alleged that Gray gave his son the AR-15-style rifle used in the attack as a Christmas gift in 2023, despite prior warnings that the teenager had threatened to carry out a school shooting.
According to the FBI, local authorities interviewed Colt and his father in May 2023 after receiving anonymous reports about online threats made by the teen.
“This case is about this defendant and his actions—allowing a minor in his custody to have access to a firearm and ammunition after being warned that the minor intended to harm others,” said Brad Smith, the Barrow County prosecutor.
Defense attorney Brian Hobbs told jurors that Colin Gray was unaware of his son’s intentions and had sought help for the teenager’s declining mental health.
School shootings remain a recurring issue in the United States, where firearms outnumber people and regulations governing the purchase of even high-powered, military-style rifles are relatively permissive.
Central America
Guatemala’s Attorney General Consuelo Porras Loses Bid for Constitutional Court Seat
Guatemala’s attorney general, Consuelo Porras, who has been sanctioned by the United States over corruption allegations, lost a key vote on Monday in which a public university selected two of the 10 magistrates for the country’s highest constitutional court. However, she could still seek a seat through another nominating body.
The election of five full magistrates and five alternates to the Corte de Constitucionalidad (CC) is taking place gradually over more than two months and is considered crucial in the ongoing struggle for control of Guatemala’s judiciary, which critics say has long been influenced by a political and economic elite accused of corruption.
According to results announced at a press conference, the governing council of the Universidad de San Carlos de Guatemala (USAC) rejected Porras, who had applied as either a full or alternate magistrate, and instead chose two candidates aligned with the university rector. The vote was held at a hotel in Antigua, about 35 kilometers from the capital.
Despite the setback, Porras — whose term as attorney general ends on May 16 — could still be nominated to the Constitutional Court by the Corte Suprema de Justicia, which appoints two magistrates. The remaining six are selected by the president, the bar association and Congress.
“It’s always a possibility,” the 72-year-old lawyer said days earlier when asked by reporters whether she would seek nomination through another institution if she lost the USAC vote.
Porras has been sanctioned by Washington and the European Union for allegedly attempting two years ago to block the inauguration of President Bernardo Arévalo and for pursuing legal actions against anti-corruption prosecutors, judges, journalists and social leaders since taking office in 2018.
The USAC vote was controversial because most members of the university’s governing council are serving beyond the expiration of their terms. Students, academics and social activists staged protests against Porras’ candidacy.
International
Florida judge sets 2027 trial in Trump’s $10 billion lawsuit against BBC
A federal judge in Florida has scheduled February 2027 for the trial in the lawsuit filed by U.S. President Donald Trump against the BBC, in which he is seeking $10 billion in damages for defamation.
Trump accuses the British broadcaster of airing a misleading edit of a speech he delivered on January 6, 2021, which, he says, made it appear that he explicitly urged his supporters to attack the U.S. Capitol in Washington.
The president filed the suit in December in federal court in Florida, alleging defamation and violations of a law governing business practices when the program was broadcast ahead of the 2024 election.
Trump is seeking $5 billion in damages for each of the two claims.
Lawyers for the BBC unsuccessfully asked the court to dismiss the case, arguing that Trump had not suffered a “legally recognizable harm,” since the investigative program Panorama, which included the edited footage, aired outside the United States.
Spanish Government Targets ‘Big Tech Impunity’ in AI Image Scandal
Father Faces Murder Charges in Georgia School Shooting Case
Guatemala’s Attorney General Consuelo Porras Loses Bid for Constitutional Court Seat
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Extension of the state of emergency approved in southern Chile
-
International5 days agoHead-of-state diplomacy key to guiding China–U.S. ties, Beijing says
-
International5 days agoFlorida judge sets 2027 trial in Trump’s $10 billion lawsuit against BBC
-
Central America3 days agoGuatemala’s president denounces MP raids during Constitutional Court election
-
International5 days agoTrump administration to end special immigration operation in Minnesota
-
Central America2 days agoTeens visit ETESAL substation to learn about responsible energy use
-
Central America19 hours agoGuatemala’s Attorney General Consuelo Porras Loses Bid for Constitutional Court Seat
-
International3 minutes agoFather Faces Murder Charges in Georgia School Shooting Case