Industries and markets
Colombia’s lower house rejects Duque’s changes to peace tribunal
“Colombia’s lower house voted 110-44 to turn down the suggested changes in latest congressional defeat to the president.”
Read MorePeru: Judge orders 10-day detention of ex-president Kuczynski
“According to the judicial order, published by Peruvian newspaper El Comercio, prosecutors are seeking bank account information, electronic deposits, documents related to property sales, public deeds and “other objects of crime”.”
Read MoreBrazil’s lower house speaker forecasts pension reform will be approved by next June
“Speaking at a conference in New York, Maia said he was also optimistic the final bill would generate the 1 trillion reais (US$ 260 billion) in savings over the next decade the government is seeking. While it might be passed 15 to 30 days later than hoped for, the delay will not matter, he said.”
Read MoreBrazil inflation 0.75% in March and 4.58% in twelve months
“Brazil’s inflation rate hit 0.75% in March, the fourth straight month of increases and the highest for the month since 2015 when it registered 1.32%, Brazil’s National Institute of Geography and Statistics (IBGE) said on Wednesday.”
Read MoreBrazil`s Next Stop: Tax Reform
The fiscal team of the Brazilian government has started to prepare for its next challenge in Congress: the reform of the highly complex tax system which is experts consider the greatest obstacle for investments and economic growth in Brazil. Planned Changes According to the government`s draft, the first change is ending the taxation…
Read MoreThe Trouble with Argentina’s Economy
“With sustained economic growth, Argentina would be able to avoid another debt crisis. Although there are no silver bullets to put the economy on a more stable path, changing current macroeconomic policies would at least give the country a chance.”
Read MoreBrazil’ finance minister optimistic about pension reform and privatizations
“Brazilian Economy Minister Paulo Guedes said on Wednesday he is “optimistic” that Congress will pass a pension reform bill that will generate savings of 1 trillion reais (US$ 261.68 billion) over 10 years, in line with the government’s ambitious proposal.”
Read MorePetrobras to receive US$ 9.058bn following agreement with the government
“Albuquerque told reporters after a meeting in Brasilia that the agreement opens the way for the government to auction off the excess oil in the transfer-of-rights area, a giant pre-salt oil reserve off the coast of Rio de Janeiro.”
Read MoreArgentina and Colombia to co-host 2020 Copa America
“South America’s soccer body CONMEBOL confirmed the dual hosts on Tuesday during a meeting in Rio de Janeiro, where the final of this year’s tournament will take place on July 7.”
Read MoreUN to help human rights training of Mexico’s National Guard
“High Commissioner Michelle Bachelet said that her office will offer technical assistance to ensure that Mexico’s new security force respects human rights. “Experience shows us that you can’t have security without full respect for human rights and you can’t enjoy human rights without security,” Bachelet said.”
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