On August 11th, amidst the vibrant backdrop of Rio de Janeiro, Brazil’s President Luiz Inácio da Silva introduced the ambitious Growth Acceleration Program (PAC). With Defence Minister José Mucio Monteiro present, the government outlined an investment of 53 billion reais (approximately US$11 billion) for defense, one of the program’s nine pillars. The plan will see […]
Related Posts
Brazil’s Cocoa Sales Set for 30% Growth in 2024
Brazil’s cocoa industry is on the brink of a significant uplift, with projections indicating a surge in sales by 30% come 2024. Known for exporting to nations like France, Germany, and several Asian countries, Brazil plans to enhance its production. This move comes as the world sees a decline in cocoa supply, primarily due to […]
Venezuela and Cuba’s ruling parties ink collaboration agreement
The United Socialist Party of Venezuela (PSUV) and the Communist Party of Cuba (PCC) have signed a collaborative agreement aimed at enhancing ties between the two governing organizations. From Havana, Cuba’s capital, the PCC’s organizational secretary, Roberto Morales, and the PSUV’s first vice president, Diosdado Cabello, endorsed the document outlining shared actions and objectives to […]
Brazil Offers Tax Haven Removal in Exchange for Investment
Brazil has introduced a policy that could remove countries from its tax haven list if they make significant investments in the nation. This move aims to attract foreign capital while maintaining fiscal transparency. The Federal Revenue Service will establish criteria for investments that can lead to a country’s removal from the list. These investments must […]