After five weeks stable, financial institutions have revised down their estimates for the growth of Brazil’s Gross Domestic Product in 2013, according to a Central Bank survey.
Author: Agência Brasil
The region received the sum in foreign direct investment last year, according to the Eclac. It was the highest amount ever, up 6.7% from 2011.
The third main continent will have the youngest working population in the world by 2040, according to the Economic Commission for Africa. In 20 years, Africans will total two billion people.
The National Treasury sold US$ 750 million in treasury bills in Europe and US$ 50 million in Asia. The bills are mature in 2013 and the rate of return is 2.75% a year.
Performance improved again in March from February, after two consecutive months in decline, according to the National Confederation of Industry. March-on-March, the result remained stable.
The Brazilian Institute for Geography and Statistics (IBGE) bets on 185 million tonnes harvested in Brazil this year. The previous crop generated 161.2 million tonnes.
Brazilian ambassador Roberto Carvalho de Azevêdo was chosen director general of the World Trade Organisation on Tuesday (7). He defeated the Mexican candidate and will be sworn in on August 31st.
The investment plan was announced this Monday during a meeting of company executives with the Brazilian president Dilma Rousseff.
The Centre-South of Brazil should harvest 589.6 million tonnes of sugarcane in the next crop, according to forecasts by the sector association. The previous crop totalled 532.7 million tonnes.
The number of foreign request for asylum in Brazil rose from 566 to 2,008 in three years. They are mainly immigrants from Angola, Colombia, the Congo, Iraq, Liberia and Syria.
Citizens from Brazil who travelled abroad in March 2013 have spent US$ 1.8 billion. It is the highest-ever amount for the month.
In the third week of April, Brazilian imports amounted to US$ 6.9 billion and exports stood at US$ 4.6 billion. The deficit was US$ 1.3 billion.
Most of the country’s onshore gas will be used in generating power. A tender for exploration of onshore blocks is due in October.
Petrobras informed that starting next year, the country’s output volume will match that of consumption. From 2007 until last year, demand for oil products was up 4.9% and output was up 3.4%.
