Friday’s disclosure of Brazil’s benchmark inflation index IPCA for March exceeding the ceiling of the projections enhances the signs of a persistent rise in prices, which should require higher levels of interest rates, with a direct effect on the population’s purchasing power. This environment brings more uncertainties to a consumption scenario that is already more […]
The alignment of Brazil to the transfer pricing standard of the Organization for Economic Cooperation and Development (OECD) will prevent the country from facing revenue losses totaling billions of reais per year, Pascal Saint-Amans, director of the Center for Tax Policy and Administration at the OECD, told Valor. Brazilian authorities and Mr. Saint-Amans will detail […]
The president of the Chilean low cost airline JetSmart, Estuardo Ortiz, pointed out that the company continues with its plan to start a domestic operation in Brazil, but that it will wait until demand picks up before taking new steps. In a separate development, the company announced Thursday the authorization from the Peruvian government to […]