The Brazilian trade surplus stood at US$ 112 million, as a result of US$ 17.6 billion in exports and US$ 17.5 billion in imports. Both the daily export and import averages declined March-on-March.
Author: Agência Brasil
Brazilian companies of this kind directed roughly US$ 6.4 billion to investments in January and February, 13.9% of the total last year, according to information released by the Official Gazette.
Financial institutions polled by the Central Bank have slightly revised down their economic growth projections for 2014. The previous forecast was 1.7%.
According to the Brazilian Treasury Secretary, Arno Augustin, the raising of 1 billion euro by the Brazilian government this Thursday on Europe, shows the international investors’ trust.
Multinational intends to invest US$ 1.3 billion until 2016 and the company’s CEO claims that the country’s lowering of credit rating by S&P does not alter its plans.
The country has responded to the challenges at an international level in a classical and sturdy way, according to information released by the Central Bank (BC, in the Portuguese acronym) in reply to the lowering of Brazil’s ratings by S&P.
Although the result in February 2014 was the best ever for the month, consumption was down 1.5% in the first two months this year from the same period last year, according to the Central Bank.
The World Bank- and UNDP-sponsored Learning Initiative for a World Without Poverty was designed for exchanging experiences with other countries in fighting poverty and hunger.
According to research by the National Confederation of Industry (CNI, in the Portuguese acronym), entrepreneurs’ confidence in the Brazilian economy and in their own companies is on a downward trend.
Report by the Brazilian Central Bank claims that Brazil’s financial institutions are capable of resisting the impact of a drop in real estate prices.
Search for domestic flights in Brazil increased by 11.2% in February over the same month last year, with six million passengers, according to survey of the four biggest companies in the sector.
A survey conducted by Foundation Getulio Vargas points to a downward trend in investment by Brazilian enterprises throughout this year. The companies polled boast US$ 227 billion in combined revenues.
According to the National Federation of industry, Brazilian companies are increasingly targeting the national market as opposed to exports. Export revenues fall short of inputs’ imports.
Brazil’s ports secretariat hopes the Federal Court of Auditors approves tender studies at facilities in Santos and Pará by late March. According to the minister, technical issues have already been solved.
