Financial organizations revised down the Brazilian economy estimate for 2014. It moved from 1.10% to 1.07%. This is the sixth consecutive reduction.
Author: Agência Brasil
The country’s Foreign Trade Chamber has taken action against six countries. The duties will be levied on flat glass imports from China, Saudi Arabia, Egypt, United Arab Emirates, United States and Mexico.
The 13th round for oil and gas exploration blocks is scheduled to take place in June next year. Areas will be offered under concession system.
The products will be 100% Brazilian-made and should hit the market in 2017. The project involves Fiocruz, Instituto Vital Brasil and joint venture Bionovis, formed by Sem, Aché, Hypermarcas and União Química.
Decline was seen in June from May and was driven by price fall of agricultural goods.
Brazilian government launches portal that brings information on how to export, import and invest in Brazil, besides logistic data. Goal is to gather there all the information regarding foreign trade.
May’s result was the worst for the month since the beginning of the historic series, in December 2001. In the twelve-month period, primary surplus amounts to 1.52% of the GDP.
For the fifth time straight, financial institutions have revised down their Brazilian economic growth estimates for 2014, to 1.10% to 1.16%.
Increase could be seen in Q1 from Q1. Brazil has produced a total of 6.2 billion litres of milk, according to the IBGE.
So said the minister in chief to the Secretariat General of the Brazilian Presidency, Gilberto Carvalho, referring to urban mobility projects left unfinished.
Expenditure on international travel amounted to US$ 2.266 billion in May, the highest sum ever for the month. Brazil is running a US$ 40 billion current account deficit year-to-date.
The Brazilian Ministry of Environment has released a list of enterprises that have donated carbon credits to offset greenhouse gas emissions as a result of the World Cup.
The information was released in a survey commissioned by the Brazilian Ministry of Tourism from the Economic Research Foundation Institute. Hotel occupancy rate is 45% above expected.
Dollar inflows have exceeded outflows by US$ 540 million month-to-date through June 13th in Brazil, as per information from the Brazilian Central Bank.
