Industries and markets

Brazil: World’s biggest oil traders bribed Petrobras staff

“Leading global oil traders Vitol, Trafigura and Glencore paid more than $30m in bribes to employees at state-owned Brazilian company Petrobras in a scheme that may still be going on, prosecutors said on Wednesday.”

Mexico: Amendments to Income Tax law

On December 4th, legislative changes to the income tax law have been published in the official Gazette (la Cuarta Resolución de Modificaciones a la Resolución Miscelánea Fiscal para 2018 y sus anexos 1, 1-A, 3,

Brazil: Nationwide unified electronic Invoice for services planned!

In Brazil, there are currently 5.570 rules and regulations surrounding the Nota Fiscal de Servicos (NFS) because each municipality has their own legal base. In order to harmonize the regulations, the project „Nota Fiscal de

Brazil: ECD Changes in 2018/19

The digital book keeping (ECD) is part of the SPED process which is aimed at replacing any physical book keeping activities. The ECD consist of digital versions of the following elements: Daily records (livro diario)

Argentina: Security Minister Bullrich defends expanded gun freedoms for federal agents

“Federal Police, Border Patrol, Prefecture and Airport Security Police officers can now shoot without warning, according to a Security Ministry decree signed Monday.”

Brazil justice asks for time to review da Silva petition

“A justice on Brazil’s top court on Tuesday asked for more time to review a petition on whether to release ex-President Luiz Inacio Lula da Silva from prison.”

Manafort Discussed Deal With Ecuador to Hand Assange Over to U.S.

“In at least two meetings with Mr. Manafort, Mr. Moreno and his aides discussed their desire to rid themselves of Mr. Assange, who has been holed up in the Ecuadorean Embassy in London since 2012,

Brazil: Companies in Pernambuco and Distrito Federal – SPED

With the publication No. . 126 from August 30th, 2018, the PORTARIA SF has established the mandatory participation in the SPED process for companies located in Pernambuco. Consequently, these companies will now have to submit

Moody’s: Outlooks vary for construction, engineering and homebuilding in Latin America

“Latin American engineering and construction revenue growth and liquidity will remain weak through 2019,” says Moody’s Assistant Vice President, Sandra Beltran. “The negative outlook is driven by large countries in the region, including Argentina, Brazil,

Ecuador VP removed, accused of taking kickbacks from aide

“Ecuador’s President Lenin Moreno on Monday suspended his vice president, who faces allegations that as a congresswoman she took kickbacks from a staff member.”