The financial institution saw profits plummet by 59.5% year-on-year in Q1. The performance is imputed to a company established in partnership with Cielo.
Author: Agência Brasil
Index measured by Fundação Getulio Vargas shows that the economic scenario improved, going from 72 points in January to 74 points in April.
The country is home for 2,298 people from Syria, from a total of 8,862 immigrants of 79 nationalities. The Ministry of Justice presented a report on the profile of refugees in the country.
The volume produced in Brazil reached 30 billion liters last year and increased 6% over 2014, according to data by Brazil’s Energy Research Company.
Reduced soy and maize yield is weighing down on the 2015/2016 crop, as per a National Supply Company (Conab).
Sales to the international market increased in April over the same period of last year, but declined 12.7% over March. The industry is facing a drop in production.
Brazil’s National Civil Aviation Agency is now accepting suggestions for concessions involving four international airports, in the cities of Salvador, Porto Alegre, Florianópolis and Fortaleza.
Sales of new units in Brazil were down 26% in the month, but the chairman of automakers association Anfavea said the decline has lost steam. The industry is betting on an export-based recovery.
Withdrawals exceeded deposits in BRL 8.2 billion (USD 2.32 billion), the highest figure for the month since 1995.
Prices declined in April from March of this year. In the 12 months through April, commodity prices went up 8.56%. ‘
After two months of deficit, the inflow of the North American currency in Brazil surpassed the outflow in USD 6.5 billion in April, according to data from the Brazilian Central Bank.
The federation of dealerships reported that sales were down 9.3% from March and 21.3% from April 2015.
Industrial sector activity improved from the poor performance seen in February, the Brazilian Institute of Geography and Statistics (IBGE) reported. Year-on-year in March, however, activity shrank 11.4%.
The tax rate on acquisition of foreign currency in cash went from 0.38% to 1.1%

