Industries and markets

Chamber of Deputies Passes Welfare Reform and Rejects All Proposed Amendments

“The deputies rejected the eight individual proposals submitted and maintained the unamended main text , as approved yesterday, August 7th.”

Brazilian Oil and Gas Sector Research Sees Investment Increase by 66 Percent

“Studies from the Brazilian Institute of Oil, Gas, and Biofuels (IBP) state that by 2025, the country should invest over R$30 billion in development and innovation research.”

Colombia: New Customs Statute

Through Decree 1165 of July 2, 2019, the National Government issued the new customs statute which will enter into force on August 2 of this year.   What is the idea behind the New Customs

Brazil: São Paulo`s Department of Finance and Planning launches new Portal of Tax Legislation

What is the Portal about? The new Portal of Tax Legislation is a digital search and consultation tool that gathers all the rules related to taxes. Thus, it  is an important consultation and search engine

Brazil’s record on pesticides and weed killers could create problems for the Mercosur/EU trade agreement

“Official data shows 262 new pesticides and weedkillers were approved in the first seven months of this year — a record for that period. But Cristina said only seven of those products were actually new.

Colombia’s Peso Falls to All-Time Low Against US Dollar

“The drop was further exacerbated by Finance Minister Alberto Carrasquilla presentation of 2020’s budget.”

Brazil’s lower house approves pension overhaul to tackle budget gap

“The government says the bill will save the public purse 933 billion reais ($235 billion) over the next decade.”

Armed robbers steal US$ 2 million in gold coins from Mexico’s mint

“The gold coins, known as “centenarios”, were first minted in 1921 to mark the centenary of Mexico’s independence from Spain.”

Colombia grants nationality to 24.000 children from Venezuela refugees

“The children were the victims of a legal loophole that prevented them from obtaining their parents’ nationality due to “insurmountable obstacles” but left them without Colombian nationality due to legislation that doesn’t recognize citizenship based

US dollar up in Argentina on fears of Sunday’s primaries and the global trade dispute

“Argentina’s peso fell 1.8% on Monday to 45.49 per U.S. dollar due to uncertainty over the country’s presidential election and the fallout from U.S.-China trade tensions, traders said.”