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The U.S. Federal Reserve has increased its interest rates by a quarter percentage point to a range of 5.25-5.50%, marking the highest level in 22 years. This rate hike, the 11th since March 2022, was enacted without clear indication of further planned increases in the near future. This strategy is used to curb inflation by […]
September’s tax collection reached 12,844,457 million pesos ($35.68 billion), marking a 198.5% nominal increase from last year. However, when adjusted for inflation, this figure represents a 3.4% real decrease. The decline, though less severe than August’s 14% drop, was cushioned by income from palliative fiscal measures. The personal property tax played a crucial role in […]
By Camila Betancor Santana Bolivia’s aspiration to become a member of the BRICS (Brazil, Russia, India, China, and South Africa) is seen by some as a highly strategic move by the government. Analyst Gabriel Villalba suggests to Sputnik that with Bolivia within this group, the United States might proceed with caution in any direct intervention […]
By Alexandre Garcia (Opinion) Mayors, governors, and entities from commerce, industry, and agriculture are mobilizing around this tax reform being considered by the House of Representatives. They all say that the reform will increase the tax burden. We have worked until the end of May to sustain the Brazilian State in its three levels – […]