Economy

IMF proposes tax hike in El Salvador

Published on: July 16, 2025
10:07

San Salvador, Jul 16 (Prensa Latina) The International Monetary Fund (IMF) proposed to the government of El Salvador a tax increase in some items if it does not meet the collection goals agreed within the loan of 1,400 million dollars.

Raul Castro and Diaz-Canel at opening session of Cuban Parliament

Published on: July 16, 2025
09:53

Havana, July 16 (Prensa Latina) The leader of the Cuban Revolution, Raul Castro, and the President of the Republic, Miguel Diaz-Canel, are taking part in the inaugural session of the Fifth Ordinary Session of the National Assembly of People's Power.

Uruguay: PIT-CNT insists on tax on the wealthy

Published on: July 16, 2025
09:14

Montevideo, July 16 (Prensa Latina) The unitary union PIT-CNT reiterated its proposal to the government to create a one percent tax on the wealthiest in order to combat child poverty.

Cuba: Economy and bills on the Parliament’s agenda

Published on: July 16, 2025
09:09

Havana, July 16 (Prensa Latina) The Fifth Ordinary Session of the Tenth Legislature of Cuba's National People's Power Assembly (Parliament) (ANPP in Spanish) begins works, focused on economy and the approval of laws.

Dominican government assures offensive against corruption continues.

Published on: July 15, 2025
12:14

Santo Domingo, 15 jul (Prensa Latina)The Dominican Government recovered 6 billion, 500 million pesos ( approximately 107 million dollars) of public assets resulting from acts of corruption, which will be incorporated into the State's budget, it was known today.

Uruguay cuts off live cattle exports

Published on: July 15, 2025
11:21

Montevideo, July 15 (Prensa Latina) The Uruguayan livestock sector is waiting for the government to explain the decision of cutting off live cattle export permits.

Panama to host World Free Trade Zone Congress in 2026

Published on: July 15, 2025
09:29

Panama City, July 15 (Prensa Latina) Panama will host the World Free Trade Zone Congress in 2026, one of the most important events in international trade, the Ministry of Commerce and Industry announced.

EU gives in on budget for poor regions amid internal pressure

Published on: July 15, 2025
09:26

Brussels, July 15 (Prensa Latina) The European Commission modified its budget proposal to guarantee funding for vulnerable regions following pressure from conservative and progressive commissioners, according to documents leaked to the Euroactiv website.

Brazilian Government meets with business leaders for Trump’s tariffs

Published on: July 15, 2025
08:55

Brasilia, July 15 (Prensa Latina) The Brazilian government begins holding meetings with business leaders from the industrial and agricultural sectors that export to the United States in response to President Donald Trump's announced tariff increase of up to 50 percent, effective starting August 1.

Argentina: Opposition in Congress rushes session, annoying Milei

Published on: July 15, 2025
08:40

Buenos Aires, July 15 (Prensa Latina) The opposition in Argentina's Chamber of Deputies is planning a session amid the Casa Rosada's crisis with the governors, in order to debate bills that, if approved, would force the president to impose more vetoes.

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