A Brazilian Central Bank study shows that financial institutions lowered the country’s economic growth expectation this year from 2% to 1.91%.
Author: Agência Brasil
Brazilian current transactions deficit reached US$ 81 billion in 2013 and foreign direct investments, of US$ 64 billion, were insufficient to cover it.
In Davos, Brazilian president said that the country has always welcomed foreign investment and emphasized that Brazil offers plenty opportunities for business.
Brazilian tourists spent US$ 25.3 billion in international travels last year, according to information from the Central Bank. In 2012, the sum was of US$ 22.2 billion.
FIFA launches in March a fund to finance social, education and health projects in Brazil. The sum may be even higher with donations from other institutions.
From January 01 to 17, the amount of dollars that left the country surpassed the amount that entered by US$ 1,894 billion, according to the Brazilian Central Bank.
Revenues in the Brazilian services sector rose in November in relation to the same month in 2012, according to research by the Brazilian Institute of Geography and Statistics. The increase, however, was a little slower than in October and September.
According to information from the General Records Office for Employment and Unemployment, this was the number of formal job positions created last year. It represents a drop in relation to 2012, when 1.3 million jobs were generated.
The index measured by the Federation of Commerce of São Paulo decreased by 3.5% in comparison to December and by 17.9% in relation to January 2013, reaching 131.7 points.
The hardships of developed economies, unemployment and lack of water were mentioned in the 2014 World Economic Forum report as the main global problems.
Forecast for this year was made by the World Bank. In a report released this Wednesday (15), the institution states that the world economy should grow stronger in 2014.
The Brazilian national oil company expanded the oil and natural reserves in Brazil by 1.5% in 2013. This represents an increase by 1.09 billion barrels of oil equivalent.
Transpetro, the logistics branch of Brazilian oil company Petrobras inaugurates a new ship. This is the last vessel from their first set of order from Brazilian shipyards.
Financial institutions heard by the Brazilian Central Bank forecast a GDP increase by 1.99% this year. The previous estimate was of 1.95%
