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US buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to copper products such as wiring, according to officials in Chile

US Copper Buyers Seen Paying a High Price for Trump’s Tariff

US buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to copper products such as wiring, according to officials in Chile.

bloom.bg

Bad Bunny's residency on his home island is going to pump about $181 million into the Puerto Rican economy, @jimwyss.bsky.social @itskelseybutler.bsky.social report. Gift link: www.bloomberg.com/news/article...

The Bad Bunny Bump: Star’s Residency Boosts Puerto Rican Economy

Fans are booking flights and hotel rooms to catch the star’s 30-show summer stay in his island home.

bloomberg.com

I like to think this is the ambassadorial equivalent of removing a glove and slapping someone across the face. (Gift link on how the tariffs may play in Lula’s favor.) www.bloomberg.com/news/article...

BRICS officials keep their collective heads down as they awoke to an overnight threat by Trump to penalize them for adopting policies he says are “anti-American.”

BRICS in Wait-and-See Mode After Trump Threatens Extra Tariffs

BRICS officials kept their collective heads down on Monday morning as they awoke to an overnight threat by US President Donald Trump to penalize them for adopting policies he said were “anti-American.”

bloom.bg

Dana Hull @danahull.bsky.social · last yr.

Suriname officially elected its first female president as the small, Dutch-speaking nation on the Caribbean coast of South America prepares to navigate an oil boom www.bloomberg.com/news/article...

Suriname’s President Vows to Make Oil Wealth ‘Available to All’

Suriname officially elected its first female president as the small, Dutch-speaking nation on the Caribbean coast of South America prepares to navigate an oil boom.

bloomberg.com

Today's episode of Elon Inc: @joshuagreen.bsky.social on Elon and Trump, @crayton.bsky.social on Mexico and SpaceX and yours truly on the departure of Omead Afshar and Tesla sales podcasts.apple.com/us/podcast/t...

Trump Suggests an Elon Deportation, Tesla Shakes up Management

Podcast Episode · Elon, Inc. · 07/01/2025 · 32m

podcasts.apple.com

Thomas Seal @twseal.bsky.social · last yr.

One of the highest-profile detainees in Daniel Noboa’s internal war on drug gangs in Ecuador has escaped from prison, @skueffner.bsky.social reports www.bloomberg.com/news/article...

Noboa Grapples With Another High-Profile Prison Break in Ecuador

Ecuador’s government offered a $1 million reward on Monday for information leading to the recapture of suspected drug lord Rolando Federico Gomez after he escaped from a Guayaquil penitentiary disguis...

bloomberg.com

Trump’s decision to leave the G-7 tonight means he’ll miss all of tomorrow's agenda items, including bilateral talks with Ukrainian President Zelenskiy and Mexican President Sheinbaum Follow our liveblog here:

Live: Updates From G-7 Summit

Live News as Trump Attends G7 Summit in Canada

bloomberg.com

Mexico’s government has pledged to provide jobs for citizens deported from the US, but recent data shows that barely 4% of the tens of thousands expelled since late January have been matched with employment.

Mexico’s Pledge to Give Deportees Jobs Hits Snag Over US Flights

bloom.bg

Colombian presidential candidate Miguel Uribe Turbay underwent surgery after an assassination attempt that recalled the political violence that roiled the nation in the 1980s and 1990s www.bloomberg.com/news/article...

Colombian Presidential Candidate Miguel Uribe Shot in Bogota

Surgeons are operating on Colombian presidential candidate Miguel Uribe Turbay after an assassination attempt that recalled the political violence that roiled the nation in the 1980s and 1990s.

bloomberg.com

Through a public records request, @danahull.bsky.social and Craig Trudell got video footage of a self-driving Tesla’s fatal crash, just at a moment when regulators are deciding what to do about autonomous vehicles. Gift link: www.bloomberg.com/features/202...

A Fatal Tesla Crash Shows the Limits of Full Self-Driving

As Elon Musk touts robotaxis in Austin, federal regulators are investigating whether Tesla’s system is dangerous even with a human behind the wheel.

bloomberg.com

Spending $2 billion on a trio of projects with debt-laden Pemex has transformed Carlos Slim into Mexico’s most important oil baron

Carlos Slim Is Quietly Becoming Pemex’s Partner of Last Resort

The transformation of Mexico’s richest person into its most important oil baron came about slowly, almost subtly. Carlos Slim built up a stake in Talos Energy Inc. before flipping it for the company’s Mexican unit. There was a 2023 deal for $530 million to buy a pair of oilfield assets from a fellow billionaire. Then a $1.2 billion plan to develop a gas deposit in the Gulf of Mexico.

bloom.bg

In Brazil, major construction and a scramble for more rooms are underway in Belem as the Amazon metropolis prepares to host the COP30 climate summit

Brazilian City Gets Rushed Makeover Ahead of Climate Summit

In Belem, major construction and a scramble for more rooms are underway as the Amazon metropolis prepares to host COP30.

bloom.bg

Laura Millan @lauramillan.bsky.social · last yr.

Javier Milei is relaunching a state-run TV channel for kids set to feature a cartoon teaching free market economics while stressing the evils of taxes and communism www.bloomberg.com/news/article...

Milei Gets Tuttle Twins to Teach Free Markets to Argentine Kids

After denouncing it as a propaganda tool for the left, Argentina’s libertarian President Javier Milei is relaunching a state-run TV channel for kids set to feature a cartoon teaching free market econo...

bloomberg.com

NEW: Spain is the only European country openly talking about the need for more migrants to boost economic growth and the falling birth rate. And it's a human rights issue too, officials say. FREE link via @bloomberg.com www.bloomberg.com/news/feature...

Spain Bets on 1 Million Migrants to Keep Its Economy Growing

The country is bucking European trends with its most ambitious migration push to date, including a proposal for a “mass regularization” of undocumented foreign workers.

bloomberg.com

Kelsey Butler @itskelseybutler.bsky.social · last yr.

It’s a Mexico election unlike any other. No sports stadiums packed with the party faithful. The smiling faces of normally omnipresent candidates almost completely absent on TV. But the stakes couldn’t be higher. Gift link for a banger of a story by Maya Averbuch, Alex Vasquez: tinyurl.com/5n97eaxk

Mexico’s Judicial Reform Is Now In the Hands of Confused Voters

Lea la nota en español

tinyurl.com

A rare look inside WEG, the Brazilian engine parts maker that’s made its hometown rich and now is confronting the trade wars. By Dan Cancel and Rachel Gamarski. (Gift link): www.bloomberg.com/news/feature...

Billionaire-Minting Brazilian Motor Maker Gears Up to Fight Trump Tariffs

Brazilian firm WEG has created $21.1 billion in wealth for the descendants of its founders. Now it’s facing what may be its biggest challenge yet.

bloomberg.com

Javier Milei and his finance chief criticize a globally known Argentine actor for complaining that the country’s staple food has become overpriced www.bloomberg.com/news/article...

Milei Beefs With Netflix Star Over Price of a Dozen Empanadas

President Javier Milei and his finance chief criticized a globally known Argentine actor for complaining that the country’s staple food was overpriced, stirring debate about how expensive Argentina ha...

bloomberg.com

JP Spinetto @jpspinetto.bsky.social · last yr.

Think your job is tough? Try being Brazilian Finance Minister Fernando Haddad, whose boss keeps complicating his effort to calm the market. www.bloomberg.com/news/article...

Brazil Keeps Bungling Its Budget and Worrying Investors

An unmistakable sense of deja vu hit Brazil last week when an announcement of measures meant to shore up the nation’s budget sparked a market selloff instead.

bloomberg.com

The assassination of two of Mexico City officials last week makes very clear that President Claudia Sheinbaum doesn't have much room to continue soft-pedalling Mexico’s security challenge my latest for @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

To Beat the Narcos, Mexico Must Put Security Before Politics

Tackling the country’s violence problem carries political risks. But President Claudia Sheinbaum can play a tough hand well by forging a better partnership with the US.

bloomberg.com

Ominous kicker at the end of this one. “A State Department official said the US would ‘continue to deny any funding the Maduro regime uses to oppress the Venezuelan people.’” www.bloomberg.com/news/article...

Maduro Sweeps Venezuelan Regional Vote Marked by Low Turnout

Venezuela’s ruling party swept regional and parliamentary elections in a landslide Sunday, tightening President Nicolás Maduro’s grip on power after a low-turnout vote marred by widespread opposition ...

bloomberg.com

This election is shaping up to be pretty close and has a lot of implications for the energy market and geopolitics. Gift link: www.bloomberg.com/news/article...

Suriname Elects New President to Navigate Its Impending Oil Boom

Suriname is heading to the polls in an election that will help shape how the South American country adapts to its newfound oil wealth.

bloomberg.com

Daniel Noboa gets sworn in to a full term today, but he’s already put in motion a plan to dispense with some checks on power in the name of fighting crime. If it sounds familiar, that’s because there’s a template for it. Stephan Kueffner reports. www.bloomberg.com/news/article...

Bukele-Style Emergency Powers Are Coming to Noboa’s Ecuador

Fresh off his unexpectedly strong election win, Ecuador’s President Daniel Noboa, sworn in Saturday, is seeking to cement his authority with a crime bill that would give his government emergency power...

bloomberg.com