Jean Paul Prates is reportedly set to continue as the CEO of Petrobras, Brazil’s leading oil company. This is despite facing challenges from within the government and public debates about the company’s future path and its leadership approach. Prates navigates internal government discussions and policy reviews, enduring potential replacement talks amid broader uncertainties. President Luiz […]
Related Posts
Tax Evasion Sweep: 55 Arrests in Chile
Chile has recently undertaken a significant operation against tax evasion, resulting in 55 arrests. This extensive campaign targeted over 100 non-existent companies that issued false invoices from 2016 to 2022, accumulating to about $276 million. The Chilean Internal Revenue Service‘s investigation revealed a widespread network of fake invoices used to evade taxes. The fraudsters from […]
Brazil and France Launch $1 Billion Amazon Initiative Amid Mercosur Tensions
Brazil’s President Luiz Inácio Lula da Silva and France’s President Emmanuel Macron announced a plan on Tuesday. Their goal? To raise over 1 billion euros ($1.082 billion) for sustainable projects in the Amazon regions of both Brazil and French Guyana. They chose Belém, Pará’s capital, for the announcement. This city will also host the 2025 […]
WTO Highlights Challenges in Global Trade
The World Trade Organization’s (WTO) Director-General reports that global trade is not meeting expectations. Despite overcoming the pandemic, it faces economic hurdles and a trend towards protectionism. “The global trade system requires urgent reform to fulfill its mission,” emphasized Ngozi Okonjo-Iweala in Abu Dhabi. Here, trade ministers are gathering for the WTO’s 13th biennial conference, […]