Industries and markets

Kirchner Roils Argentina With Surprise Vice-Presidency Bid

“Kirchner, 66, will run on the same ticket as Alberto Fernandez, a veteran politician and her late husband’s former cabinet chief, she said in a message broadcast Saturday on her official YouTube channel.”

Spanish hotel and travel services group plans to invest in Brazil

“Spanish tourism and transportation company Grupo Globalia will launch a new air carrier in Brazil, Brazilian Infrastructure Minister Tarcísio Gomes de Freitas said in a message posted on Twitter this weekend.”

FBI investigating US and EU corporate giants for alleged corruption in medical gear supplies to Brazil

“The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, Brazilian investigators have

Argentina ready for its first sale of natural gas cargo

“The cargo – while relatively small compared with standard shipments – will mark Argentina’s transition from one of Latin America’s biggest LNG importers into an exporter.”

Exclusion of the ICMS Tax from the CPRB Calculation Basis

The First Chamber of the Supreme Court (STJ) has ruled that the ICMS tax is excluded from the basis of calculation of social security contributions on gross receipts (CPRB). This business-friendly decision is groundbreaking for

Peru wants China to help finance a railway to the heart of South America

“Peruvian President Martin Vizcarra told news agency Reuters on Friday that China could partner with Bolivia and Peru on a massive intercontinental railway project that Peru once dismissed as too costly when pitched by China

Argentina awards 18 offshore oil exploration areas

“According to Resolution 216, the winning companies offered bids totaling US$724 million to explore the areas that are located along the South Atlantic.”

Argentine oil and soybean industries exempt from latest taxes on imports

“Those products will be exempt from an import tax that the government has raised a week ago to 2.5% in order to boost the tax revenue as the South American nation deals with a severe

US lifts tariffs on steel and aluminum from Canada and Mexico

“The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American

Brazil: Tax Reform Draft

Jair Bolsonaro is facing one of Brazil’s biggest economic challenges, namely the vote on constitutional amendment n ° 293-A / 2004, which aims to reform the national tax system.   The Goal of the Tax