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LATAM: SUMMARY - July 23 (2/2)

LATAM

Global News:
US (BBG): Harris Has Enough Delegates to Clinch Nomination for President
Kamala Harris has more than enough pledged delegates to clinch the Democratic presidential nomination, following an extraordinary two-day blitz that saw the vice president consolidate her party’s backing to challenge Donald Trump in November. The campaign says it raised more than $100 million between Sunday afternoon and Monday evening, according to an emailed statement.

ISRAEL (MNI): Biden Pledges End to Gaza War Before Term Ends as Netanyahu Meet Delayed
Axios reported earlier today that US President Joe Biden has "pledged to spend his remaining six months in office trying to end the Israel-Hamas war and bringing home the hostages being held by Hamas in Gaza."

ECB (BBG): Guindos Says September ‘More Convenient’ for ECB Decision Making
The European Central Bank will be in a better position to decide on interest rates at its next Governing Council meeting in the autumn, Vice President Luis de Guindos said.

INDIA (BBG): Modi Pledges $24 Billion for Jobs, Financial Aid for Allies
Prime Minister Modi pledged 2 trillion rupees ($23.9 billion) to boost jobs and improve education in India, increased spending to his new allies, while also targeting a smaller fiscal deficit for this year. India cut its import tax on gold to support jewelry manufacturing in the world’s second-biggest consumer of the precious metal. The government slashed the duty on the yellow metal to 6% from 15%.

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