Argentines have so far declared US$21.9 billion in previously hidden assets in the country's tax amnesty program meant to help jump-start the economy, Alberto Abad, director of the AFIP tax collection agency, said on Tuesday. That included US$7.2 billion in cash deposits, Abad said.
The top prosecutor in Brazil's biggest ever corruption investigation has called on the public to rally around the operation in the face of attempts to shut it down. There are fears that Congress while passing anti corruption measures would also include in an unofficial amnesty for existing cases.
Business travelers and frequent visitors from a host of countries, including Mercosur founding members, will be able to benefit from faster entry to the United Kingdom as the Government’s Registered Traveler Service is expanded. From this Monday (21 November), frequent travelers to the UK from 16 new countries will be eligible to apply for membership of the scheme, which brings the potential for improved trade and tourism links.
The free trade agreement between Mercosur and the European Union could be concluded in 2018 depending on the election results next year in France and Germane anticipated a Brazilian official during a forum on foreign trade held in Sao Paulo. France is holding presidential elections next May 2017 and Germany some time later.
Anthony Garotinho, a former governor of Rio de Janeiro state and presidential hopeful, was arrested Wednesday on suspicion of attempted vote-rigging in last month's municipal elections, Brazil's Federal Police said.
Buenos Aires cruise season has taken off but it will be far from its peak in 2012/13 when over half a million visitors reached the Argentine capital. This season will only see 81 calls with 323.000 visitors of which 70% foreigners, according to local port authorities.
Venezuela will continue as member of Mercosur but with no right to vote, since it has not fully incorporated all the group's rules and regulations as had been agreed, revealed Uruguay's foreign minister Rodolfo Nin Novoa on Friday in Montevideo.
Cheaper imports from Mercosur and the recovering dairy market will push down EU beef production and prices, states in a long-awaited impact study released by the European Union. Dairy and pigmeat exports will see steady gains, says the report, which looked at the cost of 12 pending trade deals on EU agri-food markets.
Petrobras will begin selling off huge “pre-salt” oil fields to raise cash for the desperate Brazilian national oil company, according to new legislation passed by Congress. Politicians in the lower house had fought against the bill, but lawmakers succeeded in pushing the bill through during a late-night session, and the vote stood at 251-22 by the end of the night.
The chair of the Argentine Episcopal Conference (CEA) Monsignor Jose Maria Arancedo renewed his call to the leadership of the country, political, social, unions and business, to leave aside special interests and act responsibly for the good of the country, at a very difficult moment so that we can all enjoy Christmas in Peace