International
Boric announces regiver of university debt and proposes a new financing system
The President of Chile, Gabriel Boric, announced his promised bill to forgive part of the debt that more than 1.2 million university students contracted in special credits to pay for their studies, while presenting a new public financing system.
“Most of those who are listening to these words today know someone who is in debt today for having studied in higher education with the State-Endorsed Credit (…) Today the CAE is a problem for all of Chile,” Boric said on national television.
Created in 2005 during the government of the socialist Ricardo Lagos (2000-2006), the CAE allowed thousands of young people with limited resources to access universities, but “over time it became a burden for students and their families,” the president added.
Despite what was promised in the campaign, the pardon will not be universal, but partial, and will be made “based on criteria of justice and merit,” and it will be taken into account if the person ended his career or if he has the debt up to date, Boric explained.
“Thus, we will support debtors with fewer resources, we will recognize those who have responsibly paid their dues and we will encourage the regularization of those who still owe payments,” he said.
The legislative initiative, which will be presented this Tuesday in Parliament – where the Government does not have a majority – replaces the CAE with the so-called Public Financing for Higher Education (FES), an instrument with which beneficiary students do not disburse resources or go into debt, but pay their careers with a kind of progressive tax when they join the labor market, of no more than 8% of their monthly salary.
The FES, Boric said, “will involve a significantly lower fiscal expenditure than the State currently disburses for CAE,” which to date amounts to 9 billion dollars.
“Banks will not participate in this new financing instrument. With the FES, there will be no room for speculation, abuse, or profit, but a fair reward for the training received,” he concluded.
Boric, 38, forged his political career in the student mobilizations of 2011 in favor of gratuitousness and against the CAE.
The initial interest of the CAE was 6%, but after the mobilizations the rate was reduced to 2% during the government of the center-right Sebastián Piñera (2000-2014).
Even so, those who graduate usually earn low incomes and pay credit to banks for years.
International
Regional mexican music mourns the death of Banda Gota de Oro singer Giovanni Vera
Regional Mexican music is mourning the death of Giovanni Vera, lead vocalist of the band Banda Gota de Oro, who was among the victims of an armed attack that occurred on Sunday, December 28, in the Mexican state of Guanajuato.
The incident took place inside a residence located in the Los Presidentes neighborhood, in the municipality of Irapuato.
According to preliminary reports, several people were gathered at the house when armed men burst in and opened fire on those present. The attack left five people dead, including the singer.
Hours after the shooting, Banda Gota de Oro confirmed Vera’s death through its official Instagram account. In one of the posts, the group expressed its grief with an emotional message: “Today, the sky is dressed for a celebration because you are singing up there. Your voice and your joy will live on forever within us.”
Messages of support and condolences from fans and fellow musicians quickly flooded social media, paying tribute to the artist and expressing solidarity with his family and bandmates.
International
One Dead, Three Injured in Shooting at Cree Nation in Saskatchewan
One person was killed and three others were injured in a shooting reported early Tuesday in the Big Island Lake Cree Nation, in the Canadian province of Saskatchewan, according to local media.
Police said they were alerted to the incident in a remote area located approximately 392 kilometers northwest of the city of Saskatoon. Authorities issued a dangerous persons alert for two suspects, who were described as armed.
Saskatchewan police urged residents to seek shelter immediately, lock their doors, and avoid the area while the situation remains under investigation. Officers are working to determine whether the shooting was a targeted attack or a random act of violence.
As a precautionary measure, seven health-care facilities in the surrounding area were placed under lockdown, Saskatchewan Premier Scott Moe said in a post on X.
International
Mexico’s President Visits Victims After Train Derailment Kills 13 in Oaxaca
Mexican President Claudia Sheinbaum visited on Monday the victims injured in a train accident that left 13 people dead in the southern state of Oaxaca and announced financial assistance for those affected by the derailment of the Interoceanic Train, which was inaugurated in 2023.
The train, carrying 241 passengers and nine crew members, derailed on Sunday while traveling along the Interoceanic Corridor, a major infrastructure project that connects the Pacific coast with the Gulf of Mexico across the Isthmus of Tehuantepec. The corridor was one of the flagship initiatives of former President Andrés Manuel López Obrador’s administration (2018–2024).
Sheinbaum visited three hospitals in the neighboring towns of Tehuantepec and Salina Cruz, where around 20 injured passengers remain hospitalized. She also went to a funeral home to accompany the families of those who lost their lives in the accident.
According to Mexico’s Navy Secretary, Raymundo Morales, the accident occurred when one of the locomotives derailed, causing all four railcars to leave the tracks.
Regional mexican music mourns the death of Banda Gota de Oro singer Giovanni Vera
One Dead, Three Injured in Shooting at Cree Nation in Saskatchewan
Mexico’s President Visits Victims After Train Derailment Kills 13 in Oaxaca
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
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Regional mexican music mourns the death of Banda Gota de Oro singer Giovanni Vera