Tag: latin america fuel prices

RIO DE JANEIRO, BRAZIL - Brazilian states recalculated in R$32 (US$6) billion the size of their collective losses under the bill that changes the way ICMS (a Value Added Tax on the transfer of goods) is charged to mitigate...

RIO DE JANEIRO, BRAZIL - The Government of Uruguay Monday announced a 12% increase in fuel price due to the increase in the international value of oil, a product that Uruguay imports 100%. “The Government evaluated the situation of the...