Industries and markets

Ericsson to Invest R$1 Billion to Develop 5G in Brazil, Says Executive

“The Swedish telecommunications equipment manufacturer Ericsson plans to invest R$1 billion (US$250 million) to expand its plant in São José dos Campos (SP), developing a new assembly line exclusively dedicated to 5G technology products that

Dollar Hits R$4.22 Then Closes at All-time High

“Despite expectations of a trade agreement between China and the US, news that Brazil experienced a current transaction deficit led the US currency to climb 0.5 percent.”

e-Invoicing Panama

In December 2016, Panama joined the Latin American e-Invoicing trend and presented its first roadmap for its design and implementation. It has been legally permissible since 19 September 2018 and is based on the provisions

Chile cancels global climate, economic summits amid deadly protests

“Pres. Sebastián Piñera said he was forced to call off both events due to the chaos unleashed by 12 days of protests that have left over a dozen people dead.”

Brazilian police seek arrest of Paraguay ex-President Cartes

“Brazilian police are seeking the arrest of former President Horacio Cartes of Paraguay as part of an investigation into money laundering.”

What you should know about the National strike in Colombia

“The recent resignation of Colombian Defense Minister Guillermo Botero unleashed a discontent in civil society that will take to the streets on November 21 in the so-called March for Democracy.”

Bolivia’s former president Evo Morales accepts political asylum in Mexico

“Morales’ departure came a day after his resignation as president — a move which followed military intervention amid mass protests sparked by allegations of “serious irregularities” during last month’s election.”

Chile: Tax Reform in Response to Protests

In Chile, recent weeks have been marked by anti-government demonstrations and strikes, to which the Chilean government is now responding with proposals to raise taxes for multinational companies and investors.   What is the goal

Mexico: New Tax Reform in 2020

At the end of October 2019, the Mexican Congress passed the new Tax Reform Act for 2020. It includes changes regarding:   Income Tax Law VAT Consumption Tax Act Federal Tax Code The new regulations

BRICS summit condemns protectionism and pledges to overcome challenges faced by multilateralism

“The joint declaration by BRICS countries – Brazil, Russia, India, China and South Africa – came on the second day of the annual gathering, which Brazilian host President Jair Bolsonaro used to boost ties with