Informativo MercoPress - Welcome to the 06/20/2026 edition

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Good morning! Welcome to the 06/20/2026 edition.
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Cuba approves its deepest market reforms in over a decade amid public skepticism

President Miguel Díaz-Canel justified the package before the Communist Party's Central Committee with the premise of “changing whatever needs to be changed”Cuba's National Assembly approved on Friday a package of 176 measures that introduces market dynamics into the island's economy, in the deepest shift since the reforms promoted by Raúl Castro in 2011. The government presented the plan as a response to the worst economic crisis in decades, though much of the population receives it with skepticism.


Hot political summer ahead for Britain, Burnham MP intends to challenge PM Starmer

Labor’s former Greater Manchester mayor Andy Burnham won with a clear majority in a special election to the British parliamentAndy Burnham, Labor’s former Greater Manchester mayor has won with a clear majority in a special election to the British parliament, and is ready to challenge Prime Minister Keir Starmer for the party leadership saying he wants “to lay out a new path for Britain" and Labour needs to "make life affordable" again.


Bank of England keeps rate at 3.75%; inflation 2.8% but energy prices remain volatile

The impact of the energy shock and Middle East events on the UK economy remains uncertain, BoE MPCThe Bank of England’s Monetary Policy Committee (MPC) voted by a majority of 7–2 to maintain Bank Rate at 3.75%. Two members voted to increase Bank Rate by 0.25 percentage points, to 4% during the MPC meeting on June 18.


Peru's Sánchez calls a protest against the result that makes Fujimori the virtual winner

According to the National Office of Electoral Processes (ONPE), Fujimori obtains 50.12% of the vote against Sánchez's 49.88%Left-wing candidate Roberto Sánchez called a protest in Lima for Friday against the result of Peru's presidential runoff, which makes right-wing Keiko Fujimori the virtual winner, as the electoral justice was due to decide on the challenges filed by his party. With 99.51% of the tally sheets counted, Fujimori leads Sánchez by some 44,101 votes, though no winner has yet been proclaimed.


Trump opens a new rift with Meloni by claiming she 'begged' him for a G7 photo

Meloni responded immediately with a recorded video message. “Donald Trump's statements are completely fabricated. Frankly, I'm stunned,” she saidUS President Donald Trump opened a new rift with Italian Prime Minister Giorgia Meloni by claiming that she "begged" him for a photo during the G7 summit and that he obliged out of "pity." Meloni called the account fabricated, and in response Italy's foreign minister canceled a planned trip to the United States this weekend.


 

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