(Opinion) In a wave of transformative change, Guatemala and Ecuador’s electorates marked August 20 with potential shifts towards the left. Ecuador’s political landscape showed early signs of such a shift, while in Guatemala, Bernardo Arévalo’s presidential win signaled the country’s first leftist tilt since the 1950s. Sandra Torres, representing the National Unity of Hope (UNE), […]
Related Posts
Paraguay’s Exports Rise 20.6% in Third Quarter of 2023
Paraguay’s Central Bank reports a 20.6% increase in exports for Q3 2023 compared to the same period last year. Exports reached $12.851 billion and covered 136 countries. On the other hand, imports went up slightly by 0.9%, totaling $11.460 billion. These imports came from 165 countries. As a result, the trade balance showed a surplus […]
Brazil’s Ibovespa Falls as Petrobras and Vale Stocks Decline
The Ibovespa index saw a 0.75% decrease to 126,123 points on Monday, influenced by declines in Petrobras (PETR4) and Vale (VALE3). Petrobras’ decision not to pay anticipated extraordinary dividends sparked market discontent, shifting focus towards future energy transition investments. This move raised concerns about potential unproductive investments, recalling past government oversights with projects like the […]
Brazil’s Industrial Goods Face a Tax Burden 28 Times Europe’s Rate
Febrafite, the esteemed national association of state tax auditors in Brazil, has highlighted the stark contrast between Brazil and Europe regarding tax accumulation. Their comprehensive study meticulously examines the tax burden across a variety of products, uncovering significant disparities. In Brazil, a complex tax system results in taxes stacking up at numerous stages within production […]