By Vandré Kramer (Opinion) A “surprise” component in the proposed constitutional amendment (PEC) for tax reform, already approved by the Chamber of Deputies and now under review by the Senate, aligns Brazil with a practice prevalent in Argentina: taxation on exports. This provision, included at the eleventh hour before the vote on PEC 45, allows […]
Related Posts
Saudi Crown Prince Signals Closer Ties With Israel
Saudi Arabia’s Crown Prince, Mohammed bin Salman, says closer ties with Israel are possible. He debunked claims that U.S.-led talks have halted. “We’re getting nearer each day,” he stated. Nonetheless, he insisted on progress for Palestinian rights. Israel’s expansion in the West Bank remains a hurdle. “Solving the Palestinian issue is crucial for us,” he […]
Uruguay’s Steady Economic Course in Global Turmoil
In May 2024, Uruguay maintained remarkable economic stability, with its annual inflation rate settling at 4.1%. This achievement keeps it within the government’s target of 3-6%, showing a slight uptick from the previous month’s 3.68%. Notably, such consistency emerges amidst global economic volatility and regional shifts towards more moderate price increases, particularly in consumer goods. […]
Kora Saúde’s Financial Crisis: Brazilian Hospital Group Seeks Debt Restructuring
Kora Saúde, a major Brazilian private healthcare provider, faces a severe financial crunch. The company recently announced plans to restructure its massive debt following a reverse stock split last month to avoid delisting. As of June 2024, Kora reported a net debt of R$2.146 billion ($429.2 million), far exceeding its 12-month EBITDA of R$510 million […]