Industries and markets

Ireland, France set to block EU-Mercosur trade deal over Amazon

“The deal has taken 20 years to negotiate, but Brazil’s lack of environmental protection has sparked worldwide anger.”

Over Three Hundred Services Have Gone Digital in Brazil in 2019

“The federal government officially introduced yesterday, August 22nd, the single federal portal, GOV.BR, which should host all national public agency websites by the end of next year.”

Argentina’s Alberto Fernández Hopes for Single Digit Inflation Within Four Years

“The presidential candidate insisted on deepening the relationship with Chile: “Argentina must maintain a bond of great proximity, brotherhood and commercial relationship with Chile. I haven’t had the pleasure of meeting President Piñera, but I

Agreement Reached With EFTA Countries to Expand Market for Brazilian Products

“Bolsonaro said the deal is a positive result of his government’s diplomatic efforts to open up trade between Brazil and other countries.”

G7 Agrees to Help Brazil Fight Amazon Fires, Says French President Macron

“There are still no details on how the G7-countries would help the South American countries. According to the French newspaper Le Monde, the support could include financial aid.

Argentina implements digital certificate for commerce with Paraguay

Argentina`s tax authority AFIP implemented the Digital Certificate of Origin (COD) between Argentina and Paraguay, which aims to facilitate trade between the two countries. The system was already implemented with the countries of Brazil, Uruguay

Brazil’s Central Bank Sells U.S. Dollar Reserves for First Time in Ten Years

” The Central Bank intends to sell up to US$3.845 billion.”

Ecuador combats pollution: recyclable plastic bottles exchanged for money to buy local transport tickets

“Passengers who use the city’s bus transit system, Metrovia, are now queuing at a newly installed machine, waiting to unload their plastic bottles for two cents each, which they can spend on public transport.”

Argentina default “possible”, but not “probable”, says credit rating agency Fitch

“Argentina could be downgraded again by Fitch Ratings if further weakness in the Peso boosts the risk of default, the agency’s head of sovereign ratings said in an interview.”

Brazilian Electric Energy Agency Approves Reduction in Tariffs in Five States

“The reduction is valid for five states, starting in August.”