The estimate for the Brazilian oil area to be tendered in October is by the director of the National Petroleum, Natural Gas and Biofuel Agency (ANP), Magda Chambriard.
Author: Agência Brasil
The reduction was over the previous month and was the greatest in the Central Bank’s historic series, which started in 2003. In the year, however, the index presented expansion of 3.01%.
In the first five months of this year, the Brazilian Development Bank (BNDES) disbursed US$ 32 billion, an increase from the same period in 2012.
The Food and Agriculture Organization has warned that although these products should grow 7% in offer in 2013, 34 nations are living a situation of food insecurity.
The volume processed at plants in Mid-South Brazil was down 17.5% in the second half of June from the first half due to rainfall.
There was a decline over April, following bullish and steady periods early on in the year. Over May 2012, the decline was even sharper at 0.7%. Year-to-date, the rate is down 0.8%.
According to Brazilian Finance minister Guido Mantega, tariffs should be reduced to offset the dollar hike in the past weeks. Tax on items such as steel, fertilizers and glass increased in 2012.
According to Brazil’s Finance minister Guido Mantega, travel, tickets, third-party services and rent expenses will go down the most.
In Brazil, 1.4 million automobiles were sold in the first half of 2013, up 8.6% from the same period in 2012. The number of units manufactured was down 7.8%.
The minister of Development, Industry and Foreign Trade, Fernando Pimentel, pointed out the growing relations of the bloc with countries of South American and other continents. He is participating in a debate in the Senate.
The Brazilian Central Bank’s index shows international prices of staples were up in June from May. Over the past twelve months, prices were up 6.93%.
According to the Central Bank of Brazil, the negative balance was US$ 2.6 billion. The result came both from the financial and trade sectors, responsible for import and export operations.
UN report points out that the number of people living in impoverished situations around the world should triple in case improvements are not made in healthcare and food production, among others.
Financial institutions now estimate growth of Brazil’s GDP at 2.40% in 2013. Next year, the expansion should be 3%.
