Brazil toughens penalties against criminal gangs

On Tuesday, March 24, Brazilian President Luiz Inácio Lula da Silva enacted a new law establishing harsher penalties for members of criminal gangs. The legal instrument establishes sentences of up to 40 years in prison “for the leaders of…

Colombia’s gross debt reaches $1.194 trillion

The National Association of Financial Institutions of Colombia recently presented a report reflecting an increase in the gross debt of the Central National Government (CNG) of $1.194 trillion (64.4% of GDP), a figure that represents the…

Australia and the EU sign free trade agreement

The European Union and Australia signed a free trade agreement to address the challenges of the global market and as a strategy against US tariffs. With this agreement, “Brussels intensifies its market diversification after Trump’s tariffs…