Industries and markets

Chilean popular discontent spills over to the country’s elite

“The widespread feeling is that the elite have many privileges, especially access to justice,” said Sofia Donoso, a sociologist at the University of Chile. In that regard, “the feeling of impunity linked to the corruption

Hundreds cheer Lula da Silva as he walks from jail a free man

“Late Thursday, the Supreme Court overturned a rule requiring convicted criminals to go to jail after losing their first appeal. Lula is one of several thousand convicts who could benefit from the decision.”

Brazil Hosts BRICS Country Heads at Summit Meeting Next Week

“Leaders from Brazil, Russia, India, China, and South Africa will be attending the closing of the BRICS Business Forum, which will include 500 entrepreneurs, and will close with dinner at the Itamaraty Palace in Brasília.”

Companies Can Now Open Branches in Other Brazilian States Instantly

“Until recently, opening branches in other states took several weeks and much red tape. Now, changes, transfers, and extinctions will also become swifter.”

Argentina implements “Single Tax Federal Register”

With the General Resolution 4624/2019, Argentina`s tax authority AFIP introduced the Single Tax Federal Register on November 4th, 2019. The register aims to promote the simplification of the inscriptions and records of taxpayers nationwide while

Video: Chilean President Piñera ‘will not resign’

“The demonstrations were originally triggered by a now-suspended rise in the price of metro fares in Santiago. Protesters are now marching to express their discontent over a wide variety of problems.”

Bolsonaro’s new measures to tackle budget deficit face a reluctant Congress

“With a landmark pension reform approved, Bolsonaro plans to accompany Economy Minister Paulo Guedes on a visit to Congress, hoping to defy the backlash against belt-tightening policies in Latin America and a crisis in his

Argentina Seeks Mexico’s Support to Promote Progressive Approach in Latin America

“The Argentine President-elect met on Monday with the Mexican President, whom he sees as an ally to unite the left-wing forces in the region in opposition to the Lima Group, whose chancellors will meet in

Treasury Sources US$3 Billion Abroad with Lowest Interest Rates in Seven Years

“Through the release of external debt securities, the government borrows money from international investors with a commitment to return the funds with interest. This was the second-lowest interest rate in history for this type of

Brazil: How to tax the Digital Economy

Last week, the OECD launched a public consultation to discuss the taxation of the digital economy, especially the necessary reallocation of revenues from the taxation of highly digitized businesses. The conclusion is that the requirement