Evasion is one of the main weaknesses of the tax systems in the Latin America and the Caribbean economies, accounting for 320 billion dollars in 2014 - according to the Fiscal Panorama of Latin America and the Caribbean 2016, launched by the UN regional office, ECLAC, in Santiago de Chile.
The Organization of American States (OAS) and the Government of the Dominican Republic signed formal agreements by which the hemispheric institution will send an Electoral Observation Mission (EOM) to the general elections of May 15, which will be headed by the former President of Colombia, Andrés Pastrana.
More than 27,733 tons, equivalent to 72% of the total salmon mortality caused by algae bloom, have been removed from the farms affected by this contingency, Chile's National Fisheries and Aquaculture Service (Sernapesca) informed. In a new report on the emergency affecting the salmon farming industry in the Chilean southern region of Los Lagos, Sernapesca pointed out that 38 farms have been affected by microalgae bloom in the Concession Groups (ACS) 1, 2, 3A, 6, 7, and 10B, with a total mortality amounting to 23.8 million fish, equivalent to more than 38,500 tons.
The Odebrecht group of companies, whose top officials have been sentenced to prison for involvement in the corruption scheme of Brazil's largest company Petrobras, has come under strong pressure from its creditors to use the crown jewel, the petrochemical company Braskem as collateral to avoid filing for bankruptcy.
Miguel Ángel Gutiérrez looks is to become the new president of Argentina’s state-controlled energy giant YPF, it was revealed this week after Miguel Galuccio confirmed he will step down as head of the company on April 30.
Argentina is investigating whether the local unit of Brazil's Odebrecht paid bribes to government officials, an Argentine prosecutor said this week, deepening the regional fallout from the biggest corruption scandal in Brazil’s history.
Catches of Peruvian giant squid (Dosidicus gigas) are showing a slow recovery, something that has long been awaited not only by local fishermen and industrialists, but also by the largest processors in Europe and Asia.
The member of the Falklands/Malvinas legislative assembly Phyllis Rendell on a private visit to Paraguay openly stated that the South Atlantic archipelago claimed by Argentina is a British Overseas Territory and underlined that the sovereignty issue was settled with a war between the two sides over thirty years ago.
Issues related to energy, drug trafficking and border controls, science and technology development, plus support for the South Atlantic Islands and adjoining maritime spaces claim, were among the main issues addressed by Argentina's foreign minister Susana Malcorra during her visit to Bolivia where she met president Evo Morales and her peer David Choquehuanca Cespedes.
Panama is holding tough negotiations with cruise lines hoping they will return to the country, using local facilities as Home Port, but government authorities admit that the demands from the companies are too high.