Industries and markets

Nervous foreign investors are pulling back, see higher risk in Mexico

“They have been selling off government securities since February.”

Argentina’s inflation expected to stay on the downpath in July

“Sandleris pointed out that inflation has been “three months moving down” and that “we hope [the trend] will continue.” But he warned it will not be linear.”

Argentina creates anti-terrorism database

“People and groups named could face financial sanctions.”

Ex-Ecuadorian president confirms Assange meddled in US election from London embassy

“Former Ecuadorian President Rafael Correa said Tuesday his country was aware that WikiLeaks founder Julian Assange was interfering in the 2016 US presidential election from the safety of Ecuador’s embassy in London, where he lived

Mexico cuts budget for all, from athletes to archaeologists

“The Mexican Olympic Committee said Wednesday it will no longer be able to offer food, lodging and medical services at its main sports training complex, the latest casualty in a round of deep budget cuts

Brazil adjusts its Transfer Pricing to OECD Rules

In order to become a full member of the OECD, Brazil needs to adapt its practices of transfer pricing to OECD standards. For this purpose, a joint project was set up in February 2018, which

Brazil: New ECF Version published

The new ECF version 5.1.4 changes the handling of G/L accounts. Specifically, it corrects the data retrieval of referential accounts when mapping occurs from a G/L account to more than one referential account From now

Lower Airfares in Brazil as of September

“According to the minister, in addition to the arrival of new companies, those already operating in Brazil are expected to increase flight availability.”

Brazil’s Bolsonaro: Make South America Great Again

“Brazilian President Jair Bolsonaro urged his South American colleagues Wednesday to borrow a slogan from Donald Trump and focus on making their own nations great rather than emphasizing regional brotherhood.”

Economists say Pemex plan ignores warnings by agencies and experts

“Analysts predict that there will be a downgrade to the state oil company’s credit rating.”