Reform
Córdoba business leaders present 10 proposals for labor reform
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Business leaders from Córdoba's metalworking, cargo transport, and commerce sectors are working with national government technical teams on 10 'surgical' proposals to reduce litigation and enhance predictability without altering basic labor rights. Meanwhile, Córdoba unions unanimously reject the official project, though they differ on tactics, and plan a march this Thursday. Nationally, Milei's government faces hurdles in the Senate, relying on negotiations with governors over fiscal impacts.
German Justice Minister Stefanie Hubig has presented a draft law to relieve administrative courts and speed up procedures. The German Judges' Association welcomes the direction but criticizes the plans as insufficient and demands more staff. A new wave of asylum lawsuits is intensifying pressure on the courts.
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Mexico's Senate has received a draft to cut the weekly work hours to 40, with gradual rollout until 2030 and no mandatory two rest days. The proposal, agreed with businesses by President Claudia Sheinbaum's government, amends Article 123 of the Constitution and sparks worker protests demanding swift changes. A rally is set for February 2 at the Senate.
The International Monetary Fund's Executive Board has approved a $261 million disbursement to Ethiopia after completing the fourth review of its Extended Credit Facility program. This raises the total funding under the four-year, $3.4 billion initiative to $2.183 billion, aiding the country's balance of payments and fiscal needs. The decision endorses Ethiopia's progress in economic reforms aimed at macroeconomic stability and private sector growth.
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The Swedish government is advancing a major penal reform that includes double penalties for crimes linked to criminal networks, set to take effect this summer. Justice Minister Gunnar Strömmer calls it the largest reform in modern times, but researchers warn of a lack of evidence for its effectiveness and high costs.
Chaltu Sani, minister of urban and infrastructure development, has launched a comprehensive competency-based assessment for 17,000 employees at her ministry. The evaluation targets staff from the Ethiopian Roads Administration to the Construction Management Institute. Those who pass will access promotion pathways, while underperformers will join capacity-building programs, aligning with a federal push to eliminate civil service inefficiencies.
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The State Administration of Foreign Exchange has announced plans to expand high-level institutional opening-up in the forex sector and deepen facilitation reforms in 2026. The announcement came at the administration's annual work conference held on Monday and Tuesday. These steps aim to support cross-border trade and financial services.
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