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
Colombia slams Ecuador’s 30% tariff as ‘economic aggression’
Colombia’s Minister of Mines and Energy, Edwin Palma, on Wednesday described as an “economic aggression” the 30% “security fee” imposed by Ecuadorian President Daniel Noboa on imports from Colombia.
“We reject the tariff measure imposed by Ecuador, an economic aggression that breaks the principle of regional integration,” Palma said in a post on X.
President Noboa explained that the decision was taken due to what he described as a “lack of reciprocity and firm actions” by Colombia in the fight against drug trafficking. He added that despite Ecuador having made “real efforts of cooperation,” including maintaining a trade deficit exceeding $1 billion annually, the country’s armed forces continue to face drug-linked criminal groups along the border without any cooperation.
For that reason, Noboa stated that the measure will remain in place “until there is a real commitment” from Colombia to jointly confront drug trafficking and illegal mining along the 586-kilometer shared border, with the same level of determination Ecuador is currently applying.
According to official data, Ecuador seized 214.5 metric tons of drugs in 2025, down from the record 294.6 tons confiscated in 2024.
Colombian President Gustavo Petro said on January 7 that during his administration, which began on August 7, 2022 and ends this year, drug seizures have increased significantly, adding that total confiscations are expected to exceed 3,500 tons by the time he leaves office.
International
José Jerí claims destabilization attempt after videos of secretive meetings surface
Peru’s interim president, right-wing leader José Jerí, on Wednesday denounced an alleged plot against him and warned of a deliberate attempt to destabilize the country, following the release of a series of videos showing semi-clandestine meetings with a Chinese businessman, as well as visits to the Government Palace by another businessman of the same nationality who is under house arrest.
“I also want to know who is behind this entire plot. I am an objective and impartial president who does not give in to pressure, but someone has found a way to do so. I want to know who is behind it and what their real objective is,” Jerí said while appearing before Congress’ Oversight and Comptroller Commission.
The interim president, who recently marked 100 days in office after replacing former president Dina Boluarte (2022–2025) in his role as head of Congress, insisted that he has never lied to the country. Without directly accusing any individual or group, he argued that routine activities—such as visiting a restaurant or a shop—are being portrayed with a “malicious” intent.
So far, reports indicate that on December 26, close to midnight, Jerí visited a chifa restaurant—a Peruvian-Chinese eatery—owned by Chinese businessman and state contractor Zhihua “Johnny” Yang, accompanied by Interior Minister Vicente Tiburcio, and wearing a hood. On January 6, he also visited a shop belonging to the same businessman, which had been shut down by municipal authorities just hours earlier.
The revelations have fueled political controversy and renewed scrutiny of the interim administration’s actions amid Peru’s ongoing political instability.
International
Mexican influencer “La Nicholette” kidnapped in exclusive area of Culiacán
The content creator known as “La Nicholette,” also referred to as “La Muchacha del Salado,” was kidnapped Tuesday afternoon in Isla Musalá, one of the most exclusive residential areas of Culiacán, capital of the northern Mexican state of Sinaloa, according to local media reports on Wednesday.
The abduction was captured by the security camera of the young woman’s vehicle, a lilac-colored Tesla Cybertruck, which was later found abandoned at the scene.
Video footage circulating on social media shows a masked man carrying a long firearm preventing the influencer from entering her vehicle, while another individual forces her into a white sedan, reportedly an older-model Toyota Corolla.
According to media reports, the incident occurred at approximately 5:00 p.m. local time (2300 GMT) at the intersection of Tachichilte Avenue and San Esteban Street, within the Musalá residential area.
Authorities have not yet released official details regarding the victim’s whereabouts or the motives behind the kidnapping.
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