Industries and markets

Agreement With European Efta Countries Benefits Mercosur Producers

“But growing resistance to the deal in the two largest EFTA markets, Switzerland and Norway, should give cause for concern.”

Canceling airport contracts cost 71 billion pesos: transport secretary

“Communications and Transportation Secretary Javier Jiménez Espriú told a press conference yesterday that an analysis determined that 692 contracts had to be settled.”

Brazilian Government Will Require R$367 Billion Increase in Borrowing Limit for 2020

“The measure depends on ratification by Congress, given the requirement to comply with the so-called golden rule.”

Brazil: Potential Pitfalls of the new Financial Transaction Tax

The Minister of Economy, Paulo Guedes, gave public support to the creation of a federal tax on financial transactions. The new tax is called the Social Contribution on Transactions and Payments (CSTP) and is aimed

Colombia blames Maduro for sheltering reemerging Farc guerillas

“Amid a months-long international standoff over Mr Maduro’s leadership, the guerrillas’ reactivation is now being cited as reason to remove him by force.”

President Jair Bolsonaro limits ban on land-clearing fires in Brazil to Amazon only

“Brazilian President Jair Bolsonaro is partially backtracking on a decree that banned most fires for land-clearing for 60 days, now saying the ban will only apply to the Amazon region. The government on Friday published

Kirchner: Macri is “Bad Human Being to Society” in Argentina

“During her first appearance since primaries, Cristina Fernandez de Kirchner says Macri responsible for Argentina’s economic and societal woes, calls the incumbent a ‘bad human being’.”

Mexico’s President Faces Inside Pressure to Soften His Oil-Industry Stance

“Officials within Andrés Manuel López Obrador’s government are pushing him to give private investors a bigger role.”

Brazil: How to apply Transfer Pricing Rules

Brazil`s Board of Tax Appeals (CARF) is currently debating how the rules on transfer pricing should be applied. These rules aim to prevent the evasion of currencies and profits by combating under-invoicing in exports and

Despite losing lawsuit, Colombia will only return US $19 million

“A World Bank court ordered Colombia to reimburse a fine of $ 19.1 million that it imposed on Prodeco, a Glencore mining subsidiary, but rejected a claim for damages from the company for $ 575