Bolivia is on its way to completing its inaugural steel complex, with 75% of the civil works already finished. The authorities anticipate that by 2024, the facility will initiate steel production and open new employment avenues, according to Julio Alvarado, the president of Empresa Siderúrgica del Mutún (ESM). The upcoming industrial facility, entailing an investment […]
Related Posts
Honduras and Bolivia Seal Visa-Free Travel Deal
Honduras and Bolivia recently inked a visa-free travel agreement in New York. Eduardo Enrique Reina and Rogelio Mayta, the foreign ministers, represented their respective countries. They met during the UN General Assembly. The deal aims to strengthen friendship and ease travel for citizens of both nations. As a result, regular, diplomatic, and official passport holders […]
Brazilian government proposes tax legislation targeting high net worth investment funds
The Brazilian administration has proposed a legislative measure to Congress, aiming to instate taxation on unique investment funds traditionally untaxed. These funds are known for holding significant amounts of wealth. The Finance Minister, Fernando Haddad, announced the proposal, stating the measure targets anomalies in the current tax system. The administration has previously initiated a tax […]
Venezuela’s Oil Industry Braces for Potential U.S. Sanctions Impact
President Nicolás Maduro of Venezuela bets against the full return of US sanctions, despite not keeping election promises. This stance worries Venezuela’s oil industry. Sector insiders fear the collapse of budding deals if the US ends a sanctions pause in April. This concern stems from Maduro banning opposition election candidates. “Small firms face big risks,” […]