The Board of Directors of the state-owned oil company authorized public offering of the subsidiary.
Author: Agência Brasil
With the Brazilian market in a decline, the sector can benefit of stimulus measures to external sales, according to the president of the manufacturers’ association.
The information is included in a survey by the National Confederation of Industry. The appreciation of the North American currency hasn’t made a significant impact on Brazilian external sales yet.
The president of the Brazilian Central Bank said the index will reach its peak this quarter and remain high until the end of the year before starting to drop to the midpoint of the target.
Research by Fundação Getulio Vargas and Ifo Institute for Economic Research shows that there was a 4% improvement in July, motivated by a decrease in pessimism regarding the future.
The forecast was made by the minister of Development, Industry and Foreign Trade, Armando Monteiro. He said to have a positive view about the current Brazilian economic environment.
The 11th assessment of the 2014/2015 cycle estimates a production of 208.8 million tons of grains in Brazil. The record-breaking number is 8% higher than in the previous crop.
Program estimates funding of US$ 33 billion in generation and US$ 19.9 billion in power transmission.
The Brazilian Central Bank increased the number of contracts for foreign exchange swap tenders this Friday to try to restrain the dollar appreciation against the real.
In the first seven months of the year, the national consumer price index had a variation of 6.83%. It’s the highest value since January to July 2003. The index is used by the government to measure inflation targets.
In all, 1.3 million unities were sold from January to July of this year. The number of jobs in the auto industry declined 9.7% in July over the same month of 2014.
Brazil’s dollar outflow overcame the inflow in almost US$ 4 billion in July. In the year, it’s positive in more than US$ 7 billion.
The Ministry of Communications issued a public notice for the implementation of technological parks focused on the development of software for computers and smartphones.
This is the number of companies that have already paid the fee to participate in the 13rd round of biddings by the National Oil Agency. The deadline is on August 11th.
