Industries and markets

Argentina: Increased Amounts not subject to Withholding Income Tax

On July 15, 2019, the Argentinian tax authority AFIP published the General Resolution 4525 which modifies General Resolution 830 by updating the amounts not subject to withholding income tax on certain incomes of different categories.

Brazil adopts new labeling system for pesticides

“Environmental experts welcomed the modernization of the system, used by over 50 countries, but said it was insufficient as it does not take into account the long-term effects of certain residues known to cause cancer.”

Murders in Mexico the highest on record in the first six months

“There were 14,603 murders from January to June, versus the 13,985 homicides registered in the first six months of 2018, according to data posted over the weekend on the website of Mexico’s national public security

EIB opens Latam HQs in Colombia with 400 million euro offer in loans

“Hoyer also underlined he was willing to support initiatives for up to 400 million euros for the “construction of peace in Colombia” and intends to “provide financing for projects that promote social inclusion and economic

BP and Bunge Merge Brazilian Operations and Create World-class Biofuel Player

“U.S. commodities trader Bunge, a leader in agriculture, food and ingredients, and British energy company BP have agreed to form a 50:50 joint venture that will create a leading bioenergy company in Brazil, one of

Argentina: How the OEA will foster Foreign Trade Compliance  

What is OEA? The OEA (Authorized Economic Operator) is a certification offered by customs to a foreign trade operator, stating that his processes are carried out safely. Another benefit of the certificate is a significant

Amazon deforestation: Brazil’s Bolsonaro dismisses data as ‘lies’

“He said the institute was smearing Brazil’s reputation abroad by publishing data showing a dramatic increase in deforestation there.”

Brazil Once Again Considered Low Risk Country by CDS Default Risk Rating

“With the first round of Social Welfare reform approved by the Chamber of Deputies and the expectation that the text will pass the second round smoothly, the international investor’s perception of risk in Brazil fell

U.S., Argentina, Brazil, and Paraguay Agree on Counter-Terrorism Alliance

“The United States agreed on Friday to an alliance with Argentina, Brazil, and Paraguay to counter “illicit activity” and terrorism in the region. The coalition was agreed at the Buenos Aires summit where U.S. Secretary

Iranian bulk carriers stranded in Brazil, since Petrobras refuses to refuel them fearing US sanctions

“Ship tracking data shows that Panamax-type vessels MV Delruba and Ganj, currently located near the Imbituba port in southern Brazil, were scheduled to run the same route as two other Iranian vessels, Bavand and Termeh,