Financing
Sheinbaum presents electoral reform amid opposition criticism
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President Claudia Sheinbaum sent her electoral reform initiative to the Chamber of Deputies on March 4, 2026, dubbed the 'Decalogue for Democracy', aiming to amend 11 constitutional articles to cut costs and enhance oversight. The proposal faces resistance from allies like the PT and opposition, who criticize it for inadequately addressing organized crime influence. Sheinbaum mentioned having a 'Plan B' if it fails to pass.
Tesla has launched a new financing option for the Model 3 in the United States, offering 0.99% APR on loans up to 72 months. This deal applies to all configurations of the vehicle and replaces a previous 2.99% rate. The initiative seeks to enhance affordability for buyers of Tesla's second-most popular model.
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The Argentine government is promoting a new University Financing Law to compensate universities that have been demanding more budget for months. The initiative will enter via decree and be published in the Official Bulletin next Monday. It could be addressed in extraordinary sessions.
The Cop30, the UN climate conference in Belém, ended on Saturday (22) almost 27 hours late, after tense negotiations that resulted in a final agreement without Brazil's plan for reducing fossil fuels. The text advanced on adaptation financing and recognized the roles of indigenous and afrodescendant communities, but disappointed NGOs for lacking ambition on emissions. Tensions marked the final plenary, with criticism from Colombia and defense of the Brazilian presidency.
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Tesla has reduced financing rates for its 2026 Model S and Model X electric vehicles to as low as 3.99% APR, effective today. This change follows the end of federal tax credits and aims to make purchases more affordable for some buyers. However, the best rate requires a minimum down payment.