This Thursday, the stock exchanges will closely examine January’s retail data from Brazil’s IBGE and the US. These figures stand as today’s economic focal points. Ever wonder what drives expert investment choices? By subscribing, get insights from analysts and managers via Financial Insights. Earnings announcements from Lojas Renner, Cyrela, and Yduqs merit attention. Additionally, the […]
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Pemex Receives Financial Lifeline through AMLO’s Tax Decree
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 […]
