Brazil’s government is considering changes to the taxation of closed-end funds and shareholder payouts in order to shore up revenue in next year’s budget, said three senior economic officials with direct knowledge of the matter. The government signaled on Tuesday it would...
Understood to be in advanced talks to build a factory in the Catamarca region Chinese company Zijin Mining Group has agreed in principle to a deal with Catamarca Minera y Energetica Sociedad del Estado (Camyen), a unit of state owned energy and chemicals firm YPF, to build a lithium...
RIO DE JANEIRO — Brazil’s petrochemical giant Braskem said Friday it had reached a $356 million settlement with a coastal city where four decades of the company’s rock salt mining destroyed five urban neighborhoods and displaced tens of thousands of people. Around 200,000...
As of July 24, 2023, Marcos Galperin was the wealthiest person in Argentina, with an estimated net worth of 5.2 billion U.S. dollars, followed by Gregorio Perez Companc (No. 2, $3.4 billion), Eduardo Eurnekian (No. 3, $2.4 billion); and Alejandro Bulgheroni (No...
In the first three months of 2023, a record 51,838 Venezuelan migrants and refugees entered Brazil. This is the highest number ever recorded in the first three months of the year since 2020. Operation Shelter (Operação Acolhida), executed and coordinated by the Federal government, with...
