Industries and markets

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.”

Brazil Government to Launch “Cheap Energy Shock” in Two Weeks

“On July 8th, Petrobras signed an agreement with the Administrative Council for Economic Defense (Cade) to entirely abandon the natural gas distribution and transportation market by 2021.”

Brazil: New Legislation on Economic Freedom

On April 30, 2019, the Provisional Measure 881/2019 was published aiming at securing more economic freedom for Brazilian entrepreneurs.   What is a Provisional Measure? The Provisional Measure (PM) is an instrument adopted by the

China surges as new major destination for Brazil’s coffee exports

“Brazilian exports of coffee to China rose 23.1 annually during the first five months of 2019, according to a Brazilian Council of Coffee Exporters (Cecafé) report.”

Mercosur expected to announce dropping of roaming charges

“Wednesday’s summit in the Argentine city of Santa Fe will be the first since the signing of the agreement with the European Union (EU).”

Mexico ‘does not agree’ with new US asylum rule

“The measures announced on Monday by the U.S. government aim at ending asylum protections for most migrants who arrive at the U.S.-Mexico border.”

Alejandro Toledo: Peru ex-president arrested in US

“Mr Toledo is accused of taking $20m in bribes from the Brazilian construction company, Odebrecht, during his time in office between 2001 and 2006.”

Brazil: PIS and COFINS-credits for automotive safety expenses

On June 27, 2019, Brazil`s Brazilian Federal Revenue Service RFB published the Consultation Solution No. 228  affecting cargo transportation services. In Brazil, companies that use or offer cargo transportation services are required by the National

Bolivia downplays risk of Brazil withdrawing from bioceanic railway project

“Dias García Côrtes highlighted the importance of this project because it will facilitate transport and trade through Bolivia, Brazil, Peru and Paraguay.”