According to the Ministry of Finance, the country has started growing again. The Gross Domestic Product was up 0.1% in quarter three.
Author: Agência Brasil
Brazil’s federal, state and municipal governments and government-owned companies have posted a US$ 1.4 billion surplus in October, after five straight monthly deficits.
According to Joaquim Levy, announced as the new Brazilian minister of Finance on this Thursday, the target for 2015 will be 1.2% of GDP.
The United Nations conference is taking place in Peru next week. It is considered a transitional event leading into COP-21, due in Paris, 2015, where global climate targets will be set.
The country has held its position in a ranking from Britain’s Sportcal consulting firm, which measures the number of major sports events hosted by each country. Rio de Janeiro is hosting the 2016 Olympics.
The sum concerns the month of October and was up 0.8% from September, and up 12.2% in the 12-month period ended October, according to the Brazilian Central Bank.
The Organization for Economic Cooperation and Development has revised down its growth estimate for the country this year.
The increase took place year-on-year in October for domestic flights in Brazil. For international destinations, demand was up 3.5%.
A poll of financial institutions conducted by the Brazilian Central Bank has returned a US$ 100 million surplus estimate for 2014. The former estimate was US$ 400 million.
Brazil’s utility company Eletrobras is set to launch an initiative to measure energy efficiency levels at buildings. Aspects will include facades and roofs, lighting and air conditioning.
A normative instruction has been published on the Brazilian Official Gazette lifting two taxes on purchases of raw material for manufacturing the fuel.
US dollar outflows exceeded inflows in the second week of November in Brazil, according to data released this Wednesday (19th) by the Brazilian Central Bank.
According to the Brazilian minister of Agriculture, a delegation from the Arab country is visiting Brazil next week and exports should be resumed by the second half of December.
The increase took place year-on-year in September according to a survey conducted by the Brazilian Institute of Geography and Statistics (IBGE) and was higher than in July and August.
