Mission impossible? A look at Colombia’s proposed tax reform

After several months of waiting, the Colombian government unveiled a tax bill intended to address the fiscal and social crisis triggered by the COVID-19 pandemic. However, the proposed bill has not been well-received, and the following verdict has been almost unanimous: the proposal punishes the Colombian middle-class and jeopardizes economic recovery. Unless an agreement is reached in Congress in the coming months, Colombia could risk its post-pandemic socioeconomic recovery.

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Brazil’s rising oil production

Brazil produced an average of 2.94 million barrels of oil per day in 2020. The South American country is now the seventh-largest crude oil producer in the world, and the largest in Latin America, with current trends indicating further growth for Brazil’s oil industry.

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China’s advance in Panama: An update

This piece examines the evolution of China’s position in Panama under the Cortizo government. It finds that China’s advance has suffered significant, if not necessarily enduring, setbacks under Cortizo, reflecting a combination of enhanced legal scrutiny, problems inherent to the Chinese projects themselves, and the adverse effects of the pandemic and corruption on the commercial and administrative environment in the country.

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The debate over immigration is saying all the wrong things

Immigrants are not coming to the U.S. because they are attracted by President Joe Biden’s inclusive language, and they were not repelled by former President Donald Trump’s use of racist imagery. Such a narrow focus may provide clickbait for media outlets but facilitates no concrete policy progress. Real understanding and positive change in the migration debate can only come by keeping structural factors at the forefront of any discussion.

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Is calling Colombia a leader on climate action premature?

Colombia’s ambitious new pledge aims to reduce its emissions by 51 percent compared to projected emissions in 2030 and reduce black carbon or soot emissions by 40 percent compared to 2014. The new target is consistent with the Paris Agreement’s goal and has put Colombia on a more promising path to achieve net-zero emissions by 2050.

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Countdown to 2022

The beginning of 2021 has brought with it a deepening of the health, economic, and social crises in Brazil. With the 2022 elections on the horizon, political players consider several approaches to lift Brazil from crisis.

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