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CFI

CFI

Brazil Has Reason to be Proud of First-Tier Banks

Reported by Marcos dos Santos. After a period of tension between the banking sector and the Brazilian government, the Executive Vice President of FEBRABAN (Brazilian Federation of Banks), Wilson Roberto Levorato, said recently, during a seminar of financial inclusion in

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Colombia Comes Together to Overcome Its Past

Bogotá Skyline at Night Maybe the Greeks could learn a thing or two from the Colombians. The change in Colombia over the past ten years is remarkable. Financially Colombia was the “Greece” in Latin America. Its debt was classified as “junk

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The OECD Believes That the Eurozone Crisis is the Largest Single Threat to the Global Economy

The 17 nations that use the euro will see their economies shrink 0.1% this year, before showing weak growth of 0.9% next year, the OECD predicts. This compares with 2.4% growth in the US economy this year, with 2.6% predicted

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G8: Could the Solution to Growth be Simpler Taxes?

There has been much talk of the need for growth at the G8 meeting. Could it be that the solution is really quite simple? A recent 400-page report from economists and company directors called for a move from what it

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Brazilian Brands Abroad

Brazilian brands are expanding internationally. Brazil is rapidly becoming a global powerhouse and “Brand Brazil” has moved on from waxing and micro bikinis; Brazilian brands are starting to go international. Brazil is now seen as chic and consumers globally want

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KCB CEO Has Been Buying Into the Success He Is Driving

The chief executive of KCB Group has bought KCB shares in a demonstration of his confidence in the company he leads. KCB’s annual report shows chief executive Martin Oduor-Otieno bought shares last year. Mr Oduor-Otieno has been the CEO of

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Mexico’s Competitive Banking System

At the opening of the 75th Banking Convention in Mexico, President Calderon said the country’s financial sector is well fortified against external shocks. ACAPULCO, May 18. – Facing a backdrop of the international financial uncertainty and other countries in economic

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The Franco-German Relationship Looks Set to Continue but Where Does This Leave the Greeks?

Newly-inaugurated French President Francois Hollande and German Chancellor Angela Merkel said on Tuesday they want Greece to remain in the euro in a show of unity at their first meeting since Hollande was elected. “I want to reiterate, and we

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Foreign Direct Investments in RSA

By Nataly Marchbank (Senior Manager, International) and Hasinah Essop (Senior Consultant, International Tax) – PricewaterhouseCoopers South Africa There are many jurisdictions internationally which are popular with multinational groups for the purposes of establishing holding and headquarter companies, for instance Luxembourg, the Netherlands,

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Namibia’s Changing Tax Landscape – From Simple to Complex

The collection of revenue for the Namibian fiscus has been under scrutiny for some time.  Questions have been posed as to whether Namibia should change from a territorial (source) based tax system to a residency based system to increase the

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