Argentina's Economy Minister Martín Guzmán Friday requested that a global tax to be applied to multinational companies was higher than the 15% put forward by the Organization for Economic Cooperation and Development (OECD).
The Mercosur trade block, now under the chair of Brazil for the next six months, will be facing one of its most significant potential disruption challenges after the virtual summit with the presidents of the four founding members openly exposing their differences, despite a limited coverage of the event.
British Prime Minister Boris Johnson said he was instinctively against boycotts after the main opposition Labour Party urged ministers and the royal family to snub the 2022 Beijing Winter Olympics over human rights claims.
The LATAM Group has applied to the US courts for authorization to sell nine Boeing 767-300 jets to the company JeTran. All aircraft are part of the Brazilian division of the airline, part of them stored due to the reduction of the flight network.
On the eve of Thursday's Mercosur summit, Uruguay informed its partners that it will proceed with negotiations, expecting to reach trade agreements with third parties or blocks, outside of the four founding members group.
Argentina's Ministries of Foreign Affairs and Energy Wednesday announced sanctions were to be imposed on three companies for operating illegally in the South Atlantic.
Argentina announced it has launched a sanctions process against several foreign oil companies, the UK based Chrysaor Holdings Ltd, Harbor Energy Plc, and Israel's Navitas Petroleum for involvement in hydrocarbons activities, with illegitimate Falkland Islands licenses, in the Argentine continental shelf, more precisely at the Sea Lion project in North Malvinas basin
Former Banco República of Uruguay (BROU) CEO Fernando Calloia's 20-month jail sentence was upheld Tuesday by Uruguay's Supreme Court, thus extinguishing the chain of appeals available to the defendant.
A new study released Tuesday by the Institute of Economics and Business Development (Iedep) of the Lima Chamber of Commerce showed that some 6.3 million Peruvians fell from the country's middle-class social group during 2020.
Uruguay's yearly Consumer Price Index (CPI) was 7.33% as per data released Monday by the National Institute of Statistics (INE), slightly above the government's target.