Brazil’s state-owned oil company Petrobras had an all-time high output, exceeding 470,000 barrels per day month-to-date until May 11th. Production originated from 24 wells.
Author: Agência Brasil
Last year, 5,256 requests were made, as per figures from the Unhcr and the Brazilian government. All applications from Syrians were accepted.
Estimate of the Ministry of Agriculture for the rural revenue is US$ 203 bn billion this year. Calculation is based on statistics from April.
The Organization of Petroleum Exporting Countries (OPEC) announced its production will increase to 29.8 million barrels per day in 2014, 100,000 more barrels than the predicted in April.
The estimate for 2014 was released by the oil company’s chairwoman Graça Foster during a conference with investors. Operating profit was up and net income was down in Q1.
According to the Brazilian Institute of Geography and Statistics, the harvest volume will be higher than in 2013, mostly due to 15 products, including cotton, rice and potato.
Artists, athletes or business travellers from foreign countries no longer require tourist or temporary visas. The decision applies for countries that treat Brazilians likewise.
Celso Amorim said the mark would ideally be attained within a ten-year period. At this time, 1.5% of Brazil’s Gross Domestic Product is allocated to the sector.
Higher production at national fields in Brazil took place in March over the same period in 2013. In comparison to February this year, there has been an increase of 1.4%, or 2.1 million barrels per day.
Financial institutions polled by the Brazilian Central Bank estimate that the country’s GDP will be up 1.63% in 2014. Last week, the projected rate was 1.65%.
From April 1st to 25th, dollar inflows have exceeded outflows by US$ 1.3 billion in Brazil. From January to the same date, the surplus is US$ 3.3 bn.
Value has reached roughly US$ 1.43 billion in March, according to data released by the Treasury. The amount is higher than in the same month in 2013, but is lower than in 2012.
The forecast was issued by the Economic Commission for Latin America and the Caribbean (Eclac). The growth estimate for Brazil’s economy is 2.3%.
According to Finance minister Guido Mantega, in order for the country’s economy to re-enter a desirable cycle, the investment rate must climb to 7% per annum.
