Industries and markets

Brazil: Cancellation of GIA in 2019

On November 11th, 2018, the Brazilian Ministry of Finance (Secretaria de Fazenda) started its pilot project to cancel the monthly due ICMS-GIA reports. The cancellation is part of the „Nos Conformes“ program aimed at reducing

Peru corruption: Ex-President Alan García denied asylum

“Mr García entered the residence of the Uruguayan ambassador in Lima on 17 November after he was accused of taking bribes from Brazilian construction giant Odebrecht, which he denies.”

Symbol of Excess: Mexico readies sale of former president’s luxurious plane

“”We are selling all the planes and helicopters that the corrupt politicians used,” President Andres Manuel Lopez Obrador told a rally in Xalapa, Veracruz, on Sunday.”

Video: AMLO promises radical changes

“Soon after taking charge on Saturday, AMLO promised radical changes to combat corruption, poverty and the gang wars over drugs.”

Brazil President-elect to end military intervention in Rio

“Jair Bolsonaro told reporters he will not extend the military intervention that began in February amid a spike in violence. The intervention is scheduled to end Dec. 31 and Bolsonaro takes office the next day.”

Mexico: What to expect from AMLO`s Presidency

A modern Robin Hood or an obstinate lefty who endangers Mexico`s economy – depending on who is being asked, all is to be expected of the new Mexican president Andrés Manuel López Obrador (AMLO for

New leftist president promises transformation of Mexico

“Mexico’s incoming president, Andres Manuel Lopez Obrador, is folksy, plain-spoken, and spontaneous — perhaps too much so for financial markets, which have been roiled in advance of his inauguration Saturday.”

Brazil: R&D Tax Incentives for Automotive Industry

On July 5th the new Rota 2030 program was published which aims to improve Brazil`s automotive industry by advancing its technological development, innovative energy, environmental protection issues as well as an overall improved quality of

Rio governor Pezão arrested on corruption charges

” Investigators say Mr Pezão took bribes when he was deputy governor of Rio from 2007 to 2014. He has denied taking any illicit funds. Mr Pezão is the latest politician to be detained as

Brazil’s president-elect shakes up foreign relations

“Brazilian president-elect, Jair Bolsonaro, plans to change the face of the country’s foreign policy. He is already feuding with Cuba and plans to limit trade relations with China.”