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 […]
Related Posts
Brazil’s Coffee Exports to China Leap
In January, the Coffee Exporters Council (Cecafé) reported a surge in Brazil’s coffee exports to China, with a jump of 153.9%, highlighting China’s crucial role as a trade partner. Brazil sent 168,761 sixty-kilogram coffee bags to China, setting a new monthly record of 3,960,678 bags. This marked a 39% increase from January 2023. The rise […]
Paraguay’s 2023 Economic Rise: A 4.7% Leap
In 2023, Paraguay’s economy experienced a 4.7% upswing, according to a report by the Central Bank of Paraguay (CBP). This boost came from services, manufacturing, livestock, and power generation. Yet, drops in construction and farming slightly held back progress. Spending patterns also shaped the economy. More goods went abroad than came in, and people spent […]
Swiss Bank Foresees Continued Drop in Oil Prices
Swiss bank Julius Baer predicts a further decline in oil prices below $80, indicating a bearish trend, in their November 23, 2023 analysis. Julius Baer, one of the most prominent helvetic financial institutions, is known for its expertise in wealth management and global financial market analysis. The bank notes significant market fluctuations contributing to this […]