Industries and markets

Argentina: The Minister of Defense will retire two senior officers for the ARA San Juan tragedy

“Aguad would retire the last two officers in activity that made up the chain of command when the tragedy at sea ended with the death of the 44 crew members of the submarine.”

Ecuador tribe wins legal battle over the Amazon

“A court in Ecuador has upheld a ruling that prevents the government from selling land in the Amazon rainforest to oil companies.”

Ex-finance secretary speaks out: Urzúa disagreed with airport, refinery decisions

“But electricity commission’s challenge of pipeline contracts was the final straw for Carlos Urzúa.”

Brazil: Confaz publishes 8 new ICMS Agreements

On July 10, 2019, Brazil`s National Council of Finance Policy (Confaz) published eight new agreements regarding the ICMS tax. Some of the amendments address all of Brazil, others just certain states. Content-wise, the changes contain

Brazil: ICMS – Taxation of Digital Goods

While digitization is the new buzzword everywhere, there is little certainty as to how to handle the process with view to taxation. With view to Brazil`s ICMS tax, this relates specifically to the sales of

Mexico expects US to ramp up deportations in coming days

“Mexican officials say they expect 1,807 Mexicans who have been issued final deportation orders in the U.S. to be returned to their country in the coming days.”

Harley-Davidson plans E-Motorcycle Release in Brazil in 2020

“The price of the LiveWire in Brazil will be around 120.000 Reais.”

Irish parliament calls on government to thwart EU-Mercosur deal

“Ireland’s parliament voted on Thursday to press the government to lead opposition inside the European Union to a draft trade deal that Brussels has struck with the Mercosur bloc of South American countries.”

German-Brazilian Chamber of Commerce selects Start-ups for Acceleration Program

“Start-ups Connected” registration open until July 19.”

Economy showing greater deceleration than expected; light recession possible

“Economic growth will fall to its lowest level in 10 years in 2019, according to the central bank, which warned that there is also a possibility that the economy will enter into a “light recession.”