As per the company’s newly released results, graft-related losses under probe by federal police reached US$ 2 billion based on today’s real-to-dollar exchange rate. Asset write-downs reached R$ 16.7 billion.
Author: Agência Brasil
Brazil’s trade in goods and services with the world was negative in March. In Q1, it stands at US$ 25 billion, according to the Central Bank.
In the third week of April, the Brazilian balance of trade recorded a US$ 240 million deficit, with exports grossing US$ 3.7 billion and imports amounting to US$ 3.9 billion.
The forecast of how much Brazil’s economy is expected to shrink in 2015 has gone from 1.01% to 1.03%, as per the Focus Bulletin. This year, the country should post a US$ 4.3 billion trade surplus.
Manufactured volume in Brazil was down 7.4% from March 2014 2.8 million tons, as per data from industry organization Instituto Aço Brasil.
Representatives of the private sector of the 20 biggest economies released proposals to try to eliminate bottlenecks that hinder the expansion of jobs and investments in countries facing difficulties.
The former president of the Brazilian House of Representatives has taken office replacing Vinicius Lages. He has pledged to make tourism into in increasingly economic, social and political agenda.
The former president of the Brazilian House of Representatives has taken office replacing Vinicius Lages. He has pledged to make tourism into an increasingly economic, social and political agenda.
Economic activity was up 0.36% from January, based on an index from the Brazilian Central Bank. In the first month of the year, activity slowed down from December 2014.
The Fund expects 0.9% growth in Latin America and the Caribbean in 2015, barring Brazil, which should experience a slowdown. The forecast for 2016 is one of improvement.
Consumer demand in Brazil increased by 16.7% from February and 14.9% from March of last year.
Bulletin from the Central Bank shows financial analysts’ inflation forecast for this year: 8.13%. The prior estimate was 8.2%.
Brazil’s National Supply Company (Conab, in the Portuguese acronym) expects 200.7 million tons of grain to be harvested in 2014/2015, up 1.1% from last month’s forecast.
The credit rating agency has kept the country’s sovereign rating at BBB, but downgraded its outlook from stable to negative.
