Foreign investment should cover approximately 80% of the country‘s current account deficit, according to the head of the Central Bank’s Economic Department, Tulio Maciel.
Author: Agência Brasil
Speaking at the Climate Summit in New York, president Dilma Rousseff stated that Brazil is proof that economic growth and environment preservation do not contradict one another.
The 2014 growth estimate from financial institutions for Brazil’s economy has been revised down again, this time from 0.33% to 0.30%.
Partnership for the creation of an integrated strategic agenda for the promotion of tourism in the cities of Rio de Janeiro was launched this Friday.
The survey conducted by the Brazilian Institute of Geography and Statistics, covering Q2 this year, shows a hike from Q2 2013. A total of 5.76 billion litres of milk were processed from April through June.
The United States’ currency sold for R$ 2.35 this Wednesday (17th), following the Federal Reserve’s confirmation that it should wind down economic stimulus measures.
More US dollars entered than left Brazil last week, reversing the negative result recorded in the first week of September.
Demand for credit is up 0.7% in August from July, according to Serasa Experian’s indicator. Year-on-year in August, demand was up 6.2%.
The study notes, however, that undernourishment has declined. Brazil has reached goals and is considered an international role model in fighting hunger.
Confidence is down 7.7 points in September from September last year, according to a survey by the National Confederation of Industry (CNI, in the Portuguese acronym).
The Brazilian Ministry of Mines and Energy has confirmed the 13th round of tenders for exploration of oil and natural gas for the first half of 2015.
Projection was made by financial institutions polled by Central Bank. Last week Brazilian GDP was estimated to grow by 0.48%.
The Regional Electoral Court from the Federal District will seal voting machines to be sent to 134 locations and used in October elections. The Court, helped by consulates and diplomatic missions, organizes the process.
The Gross Production Value growth expectation for agriculture and livestock this year has been revised down from 2.1% to 2%.
