In an article, a specialist in financial, corporate, and regulatory law highlights the benefits and opportunities arising from a measure by Brazil’s Federal Revenue Service that removed the Gulf country from the list of tax havens.
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Starting Tuesday (21), Brasília will host a series of meetings between Latin American countries and the Organization for Economic Cooperation and Development. The Brazilian government will present the main results of projects for the country to join the OECD.
An OECD report has shown that these are the two North African countries that best employ digital tools for economic purposes.
The event will feature activities from late January until mid-February. Francisco Tupy of Brazil will teach a class on the educational use of Minecraft in connection with software programming tools.
Exports by the bloc’s members were up a meager 0.4% in Q1, while imports slid by 1.2%. The organization points out the negative effects of the USA-China trade war.
The United States government, which had been preventing Brazil from joining the organization, has now given its formal support.
Brazil is expected to grow 1.4% in 2019. Report published this Tuesday says that trade and policy uncertainties could damage the world economy.
The president of the United States made the announcement during the visit of his Brazilian counterpart Jair Bolsonaro to Washington, DC.
On the eve of the bloc’s summit, in Buenos Aires, OECD reported that exports rose only 0.3%, with imports up 0.7%, a reflection of protectionist measures taken by the member countries.
The organization expects the country’s GDP to grow 2.1% in 2019. Forecasts from May and from a year ago indicated growth of 2.8% and 2.5%, respectively. Forecast for the global economy was also slashed.
The Organization for Economic Co-operation and Development revised its 2018 projection regarding the Brazilian economy from 2% to 1.2%.
The forecast is from OECD-FAO. However, the report points out to a weakening in the growth of global demand and a decline in real prices.
