President Andrés Manuel López Obrador (AMLO) has given Pemex, Mexico’s state-owned oil company, a significant tax break. This decision exempts it from certain taxes for four months, offering the financially troubled company much-needed billions in liquidity. AMLO’s decree, announced on Tuesday, lifts the Shared Profit Rights (DUC) taxes for the last quarter of 2023 and […]
Related Posts
Parents are inundated with overwhelming school apps
Mobile school apps have become more than just a source of entertainment or convenience; they have transformed into powerful tools for education. Whether for communication, learning or organization, mobile school apps offer a range of benefits, from helping with homework to staying connected to emergency announcements, that enhance the educational experience for schools, parents and […]
Brazil challenges EU’s new environmental standards and eyes global opportunities
Brazil’s Agriculture and Livestock Minister, Carlos Fávaro, voiced concerns about the EU’s recent regulations against buying products from deforested regions. He believes these rules challenge the established standards of the World Trade Organization (WTO). Brazil remains receptive to discussions and negotiations regarding these regulations. However, if the EU persists with these strict measures, Brazil is […]
Economic Powerhouses of Morocco: A Glimpse into Regional Wealth Distribution
In 2022, Morocco’s economic landscape displayed significant regional disparities. A staggering 57.9% of the national wealth was generated by just three regions. These regions were Casablanca-Settat, Rabat-Salé-Kénitra, and Tanger-Tétouan-Al Hoceima. Casablanca-Settat, taking the lead, contributed 31.4% to the national GDP, highlighting its role as the economic engine of the country. Rabat-Salé-Kénitra followed with 16.1%, and […]