Brazil’s upcoming tax reform is expected to introduce a consumption tax that could become one of the highest in the world. Initially, a study suggested a base rate of 25% for the Value Added Tax (VAT). However, recent changes to the tax reform have raised concerns that this percentage may increase even further. These changes […]
Related Posts
Top Early 2024 Farming Investments
Agronomy fuels our economic growth, contributing to about 25% of Brazil’s GDP. This sector stands as a crucial market. Investors see profit potential in this area, sparking interest in top agronomy investments. We offer insights into promising options for your portfolio. In addition, adding agronomy assets to your portfolio diversifies it, tapping into the sector’s […]
Guyana Asks Court to Halt Venezuelan Vote on Contested Land
Guyana has appealed to the International Court of Justice (ICJ) to stop a Venezuelan referendum about the disputed Esequibo region. According to the ICJ, Guyana wants to prevent the vote in its current form. Later on, the government of Guyana said the request aimed to thwart Venezuela’s plan to claim Guyanese territory. Venezuelan Vice President […]
Oil Prices See a Dip but Optimism Remains
This Tuesday, oil prices took a hit, marking a second day of decline after a recent uptrend, with Brent crude dropping below the $90 mark. This retreat is partly seen as investors cashing in on gains. Additionally, the reduction in tensions between Iran and Israel has played a role in softening oil prices. May’s West […]