Overview

• In Spain, Sánchez’s team has moved into a rolling pre‑campaign built on announcements, sectoral measures and rallies to blunt court‑driven turbulence.
• The PP has revived its corruption offensive after a UCO dossier with entries tied to José Luis Ábalos, setting up a heated Sánchez–Feijóo face‑off in Congress this week.
• Moncloa publicly rejects an early general election, though some Socialist leaders and allies interpret the strategy as keeping that option ready if the 2026 budget collapses.
• In Mexico, Sheinbaum marked her first year with a packed Zócalo event as 24 Morena governors issued a joint pledge of “firm support” for her leadership.
• The rally doubled as image control after luxury‑lifestyle revelations, with previously prominent figures shifted behind the front VIP row and senior Morena voices calling for self‑critique.