Industries and markets

Argentina announces it will “re profile” IMF loan and sovereign bonds’ maturities

“The priority today is to guarantee stability, because it is useless to launch reactivating measures if there is no stability. The first thing is to recover that stability,” Lacunza said at the news conference in

Brazil’s GDP Grew 0.4 Percent in the Second Quarter

“In current values, the GDP totaled R$ 1.78 trillion. Compared to the first quarter, growth in the industry was influenced by the expansion of the transformation (2.0 percent) and construction (1.9 percent) segments.”

Colombia’s Duque seeks arrest of rearmed ex-FARC leaders

“I have ordered the creation of a special unit for the persecution of these criminals with reinforced intelligence, investigation and mobility capabilities throughout Colombian territory,” Duque said.

Mexico: New regulatory Requirements for Labor Subcontracting

On August 20, 2019, new rules have been introduced in Mexico with view to information that have to be submitted to the fiscal authorities for labor subcontracting. The changes are outlined in the “First Resolution

Mexico central bank slashes growth forecast to lowest since 2009

“Worries over its state-owned oil company and global trade tensions will affect Latin America’s second-largest economy.”

Latest STF Decision may Overturn “Virtually all” Lava Jato Convictions, Says Task Force

“The task force said the decision to overrule Bendine’s conviction raises “immense concern”. For the prosecutors, the panel established a new rule, which is contained neither in the Code of Criminal Procedure (CPP) nor the

Peru and Colombia propose an emergency Amazon basin summit

“Peru and Colombia proposed on Tuesday an emergency Amazon summit for countries in the region in order to coordinate a strategy to protect the vast rainforest currently blighted by numerous fires.”

Macri anticipates that Argentina’s inflation will accelerate to 3% in August

“The peso lost 18% of its value in a week after leftist opposition presidential candidate Alberto Fernandez netted a 15-point lead in an Aug. 11 primary election, as investors reassessed the prospects of business friendly

Brazil: New Tax Rates Proposal

The Bill that introduces new tax tables is part of President Jair Bolsonaro’s campaign goal of exempting taxpayers with incomes of up to five times the minimum wages as well as easing the corporate tax

To shore up peso, Argentina breaks IMF rule

“Argentina’s IMF deal sets a $250m daily limit on foreign-reserve sales, but on Tuesday, the central bank sold $320m.”