Latin American Law and Business Report articles

Recent articles from Latin American Law and Business Report

Recent Legal Developments.
January 31, 1999... by Pinheiro Neto-Advogados Tax Adjustment Program On October 28, 1998, the Federal Government announced the Tax Adjustment Program, which increased certain taxes, such as COFINS (Social Security Financing Contribution) and CPMF (Provisional Contribution on Financial Transactions)....

Effects of the Brazilian Devaluation.
January 31, 1999... Government Drops Defense of the Real Faced with growing capital flight caused by a loss of investor confidence in its fiscal reforms, the Brazilian government on January 15 abandoned efforts to defend the Real allowing the currency to float freely against the dollar. As of January 19,...

MARKET NOTES.(Statistical Data Included)
January 31, 1999... EDITOR'S NOTE: This issue of Market Notes was compiled with the assistance of The Weston Group in New York, a merchant bank which specializes in Latin American capital markets in the areas of Investment Banking Services, Capital Markets and Fund Management. Information was also provided by...

Present and Future Prospects of Wholesale Electricity Markets in Latin America.
January 31, 1999... Introduction While significant progress toward strengthening the electricity infrastructure has been made in the 1990s, much more needs to be done. Approximately 30 percent of Latin America's population is without access to electricity. The larger countries of the region typically have...

The Evolution of European Union-MERCOSUR Relations and Diminishing U.S. Business Dominance in South America's Southern Cone.
January 31, 1999... Introduction In September 1998, the European Commission announced that a meeting of all the elected heads of state of Latin America and the European Union (EU) will be held in Rio de Janeiro on June 28-29, 1999. The summit is expected to cover a wide range of issues including cultural...