Industries and markets

Brazil closes five embassies in the Caribbean

“The Brazilian Foreign Minister confirmed the closure of embassies on the islands of Dominica, Antigua and Barbuda, Granada, Saint Kitts and Nevis and Saint Vincent and Grenadine.”

Argentina’s industrial output down 8.8%

“Argentina’s inflation is seen quickening by an eye-watering 40.3% in full-year 2019 while the economy shrinks 1.5%, according to a central bank poll that was released on Tuesday and showed more pessimist forecasts than a

Banks making too much money, “more competition is needed” blasts Brazilian economy minister

“In testimony to the lower house Finance and Taxation Committee, Guedes said sectors such as banking, oil and postal services reflected a lack of competition that is holding Brazil back and preventing growth from picking

Mercosur’s Common External Tax in the agenda Bolsonaro will discuss with Macri in Buenos Aires

“Mercosur, which includes Argentina, Brazil, Paraguay and Uruguay, exacts tariffs averaging about 14% on goods that come from outside the bloc. A reduction presumably would ease trade of all four countries with the rest of

Politicians, analysts criticize AMLO’s decision to pass on G20 summit

“The president announced yesterday that he won’t travel to Japan because he doesn’t want to be drawn into a “direct confrontation” between the United States and China.”

Brazil: Amazon rainforest deforestation advancing at its fastest rate during May

“According to the Brazilian space research institute INPE, the Deter alerting system registered deforestation of 739 sq km in May, the first of three months in which logging tends to surge following the region’s rainy

Brazil reluctantly recognized Venezuela opposition envoy as ambassador

“Ambassador Maria Teresa Belandria had said on Friday that the Brazilian government withdrew its invitation to present her credentials at the presidential palace. But her spokeswoman said on Tuesday the government had changed its mind.”

Mexico awaits US tariff decision with retaliatory list

“As Trump administration talks with officials from south of the border, the other side prepares a tit-for-tat response.”

Mexico: Interim Results of the AMLO Presidency

Andres Manuel Lopez Obrador, AMLO for short, has ruled Mexico for six months. He was able to convince 30 million voters with his election promises. But which of those promises has he fulfilled so far?

Argentina: Tax Incentive Program for IT and R&D

On January 1, 2020, a new tax incentive program for software, science-based services, and research and development will come into force in Argentina, which will run until December 31, 2029. Domestic companies and professionals active

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