A modernized version of the document, valid for ten years, was released this Friday (1st) by minister of Justice José Eduardo Cardozo. Security features have been improved.
Author: Agência Brasil
US dollar outflows were higher than inflows in June. During the first three business days in July, the foreign exchange balance is already running a US$ 1.5 billion deficit.
Survey by the National Confederation of Industry shows that 60% of the companies in the sector adopted measures to reduce spending with employees, such as mandatory vacations, less shifts and layoffs.
The United States currency was up 1.29% this Tuesday and closed at R$ 3.183, the highest price since May 29th.
Financial institutions polled by the Brazilian Central Bank have changed their economic contraction estimate for 2015 from 1.49% to 1.5%, for the seventh straight time.
US dollar outflows from Brazil were higher than inflows in almost US$ 4 billion in the month up until June 26th.
Federal, state and local governments and state-owned companies posted deficits in their accounts in May. But the negative results of the same month of last year were higher.
The company lowered the estimation of investments for the 2015-2019 period by 37%. The cuts mean US$ 90.3 billion less than the estimated figure of the last business plan.
In Q1 in Brazil, 1.38 billion chickens were slaughtered, up 2.1% from Q1 2014. The amount of heads of cattle slaughtered was down 7.7%.
Applied Economics Research Institute points out that the government’s fiscal adjustments are taking their toll, as unemployment and inflation climb, but the benefits will only come in the medium-to-long run.
According to a survey from Brazil’s National Confederation of Industry, production and employment declined in May.
The amount stood at US$ 8.3 billion from January to May, a 21% drop over the same period of last year.
The financial market has revised its economic retraction projection for Brazil from 1.35% to 1.45% in 2015, as per a Central Bank poll of Brazilian banks.
Several products had their import tax lowered and extended, among them the metal used in the drilling of the pre-salt layer, iron-molybdenum.
