The Brazilian Administrative Council for Economic Defense (CADE) has issued a decision that significantly impacts the venture capital ecosystem in Brazil. This ruling clarifies long-standing questions about operations involving companies invested in by funds. However, it also introduces new concerns for the industry. CADE now requires more operations to undergo its prior approval. This change […]
Related Posts
Chile Experiences First Decline in Company Numbers in a Decade
The Chilean economy faced challenges in 2023. The Central Bank reported a mere 0.2% growth in gross domestic product (GDP). This pales in comparison to the 2.1% expansion in 2022 and the exceptional 11.3% surge in 2021. The slowdown affected various indicators reported by taxpayers to the Internal Revenue Service (SII). For the first time […]
Caribbean Crisis: Oil Spill Drifts from Tobago to Bonaire
Oil from a sunken barge off Tobago’s coast has spread to Bonaire, posing a grave threat to both human life and nature. Situated 50 miles from Venezuela, Bonaire faces contamination from the early-month incident. The origins and sinking causes of the boat remain a mystery. Bonaire’s eastern shores, including key ecological sites, have been tarnished […]