Aug 13, 2026
Chile's Congress has approved a sweeping economic reform package championed by President José Antonio Kast, featuring corporate tax cuts and investment incentives designed to revive growth in the world's largest copper producer. The Senate passed the final article with a 27-22 vote, marking a major legislative victory for Kast's flagship economic initiative.
Germany's CDU/CSU-SPD coalition government unveiled a comprehensive package of pension, tax and labor reforms after seven hours of negotiations. Chancellor Friedrich Merz says the measures aim to revive the country's sluggish economy, boost competitiveness and create jobs.