International
U.S. proposal to tax remittances sparks controversy across Latin America
A proposal from the United States is currently causing a stir throughout Latin America: imposing a tax on remittances sent by migrants to their home countries. The idea of a 5% tax on money transfers comes from the Republicans, the ruling party of U.S. President Donald Trump.
Mexico’s president chose a very symbolic setting to criticize the U.S. proposal, visually emphasizing the sociopolitical aspect of her words. At the inauguration of a hospital in Los Cabos, Claudia Sheinbaum said: “You cannot tax twice those who are already paying taxes.”
Remittances near $160 billion
The annual report from the Migration Department of the Inter-American Development Bank states that in 2024, the total volume of remittances from the U.S. to Latin American and Caribbean countries is around $160.9 billion, an increase of $7.7 billion compared to the previous year. The largest recipients are Mexico ($64.7 billion) and Guatemala ($21.5 billion). This means that in Mexico alone, about $177 million enters daily.
“If we compare remittance income relative to the GDP of countries in the region, in 2024 they represented about 20% of GDP in Guatemala, 27% in Nicaragua, 26% in Honduras, 24% in El Salvador, 20% in Haiti, and 19% in Jamaica,” explained Jesús Alejandro Cervantes González of the Center for Latin American Monetary Studies (CEMLA) in Mexico City, an organization that focuses specifically on the economic importance of remittances.
The economic and sociopolitical relevance of remittances for recipient countries is enormous: “Remittances ease the budget constraints of millions of recipient households and reduce their poverty levels. They allow for a higher standard of living and help finance expenses in consumer goods, education, health, housing, and in some cases, investments in family businesses,” said Cervantes González. According to CEMLA studies, in Mexico there are 4.5 million households and 9.8 million adults who receive remittances, especially benefiting the poorest rural areas.
International
U.S. warns China over Taiwan during high-level defense talks in Kuala Lumpur
U.S. Secretary of Defense Pete Hegseth expressed concerns over China’s growing military activity near Taiwan during a meeting on Friday with Chinese Defense Minister Dong Jun in Kuala Lumpur.
“It was a constructive and positive meeting,” Hegseth wrote on X. “I emphasized the importance of maintaining a balance of power in the Indo-Pacific and raised U.S. concerns about China’s actions around Taiwan,” the self-governed island that Beijing claims and does not rule out invading.
The meeting took place on the sidelines of the ASEAN Defense Ministers Meeting-Plus, one day after U.S. President Donald Trump met Chinese President Xi Jinping in Busan, South Korea. According to Trump, Taiwan was not discussed during their talks.
“The United States does not seek conflict and will continue to firmly defend its interests, ensuring it maintains the capability to do so in the region,” Hegseth added in his message.
Friday’s encounter followed a September 9 video call between Hegseth and Dong. Their previously planned meeting at the Shangri-La Dialogue in Singapore was canceled due to Dong’s absence from the event.
Trump’s sit-down with Xi — their first since 2019 — resulted in some trade agreements but avoided addressing the issue of Taiwan, a long-standing source of tension between the world’s two largest powers.
Trump has taken a more ambiguous stance on Taiwan’s future compared with former President Joe Biden, who repeatedly stated that Washington would support Taipei if China launched an invasion. The Republican president has also criticized Taiwan for “stealing” the U.S. semiconductor industry.
International
U.S. considering airstrikes on military sites in Venezuela, reports say
The United States may soon carry out airstrikes on military facilities inside Venezuela as part of an escalating offensive against Nicolás Maduro’s regime, according to reports Friday from the Miami Herald and The Wall Street Journal, citing sources close to the Trump administration.
Airstrikes could take place “within days or even hours,” the Herald reported. The Journal noted that while the option is under serious consideration, President Donald Trump has not yet made a final decision on authorizing strikes on Venezuelan soil.
Potential targets allegedly include military-controlled ports and airports used in drug trafficking operations, such as naval installations and airstrips, officials told the Journal.
The Herald also quoted a source saying that “Maduro’s time is running out”, suggesting that more than one Venezuelan general may be ready to detain and hand him over. However, officials declined to confirm whether the Venezuelan leader would be among the military targets.
Trump has repeatedly vowed to block the flow of illegal drugs into the United States, following nearly two months of airstrikes against vessels in the Pacific and the Caribbean. Those operations have destroyed 15 boats and left 61 people dead and three survivors since September 1.
“We are finally waging a war against the cartels — a war like they’ve never seen before — and we are going to win that battle. We are already winning at sea,” Trump told U.S. troops during a speech in Japan.
The reports on possible airstrikes come on the same day the United Nations accused the U.S. of violating international law with its maritime operations, saying those killed at sea may have been victims of extrajudicial executions.
International
Pope Leo XIV revives Global Compact on Education to confront cultural crisis
Pope Leo XIV announced on Friday that he will revive and update the Global Compact on Education, an initiative launched by the late Pope Francis aimed at deeply transforming global culture through education.
The announcement was made during an audience in St. Peter’s Square, held on the occasion of the Jubilee of the Educational World, which this week gathers more than 20,000 participants from 124 countries in Rome.
During his address, the pontiff — who is of U.S. origin and Peruvian nationality — emphasized the importance of restoring the value of educators and reinforcing the principles that support the pact.
“We must be careful: damaging the social and cultural role of educators means mortgaging our own future,” he warned before thousands in attendance. “A crisis in the transmission of knowledge leads to a crisis of hope.”
The Global Compact on Education, launched by Pope Francis, seeks an integral and long-term cultural transformation. It is structured around five pillars: dignity and human rights; fraternity and cooperation; technology and integral ecology; education for peace and citizenship; and culture and religions. To date, the initiative has been joined by over 553 schools and nearly 410,000 students, according to Catholic Schools data.
Pope Leo XIV also expressed concern over the widespread inner fragility affecting both students and teachers — many of whom feel overwhelmed by bureaucratic burdens.
He additionally addressed the role of artificial intelligence in education, warning that it may worsen emotional isolation among learners: “It can further isolate students who are already isolated, giving them the illusion that they do not need others — or worse, the feeling that they are unworthy of them,” he said.
U.S. warns China over Taiwan during high-level defense talks in Kuala Lumpur
U.S. considering airstrikes on military sites in Venezuela, reports say
Pope Leo XIV revives Global Compact on Education to confront cultural crisis
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
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