The Brazilian government has reduced the tariff on imports of the industrial input from 10% to 2%.
Author: Agência Brasil
Brazil exported the equivalent of US$ 22 billion and imported US$ 19 billion.
Financial analysts have revised their projection downwards for Brazil in 2012, from 1.73% to 1.64%.
The value was not enough to cover Brazil’s debt servicing and Brazil had a nominal deficit of R$ US$ 5.8 billion in the month.
In case national output does not increase, such is the amount that the country will have to spend on imports of the product from 2015 to 2020.
Brazil’s foreign exchange flow was negative in August, up to Friday (24).
The sum will be invested up until 2020 in order to increase industry competitiveness. The only cheaper energy in Brazil today is the type generated at major hydroelectric plants.
The Brazilian senate has approved a limit of US$ 10,000 for purchase and sale of dollars at exchange houses. The prior limit was US$ 3,000. The project will now be analysed by the Lower House.
According to the president of Brazil’s Logistics and Planning Company, new measures will be issued in September regarding concessions of ports and airports.
The Industry Confidence Index went from 102.7 points in July to 104.1 points in August, but remained below the historical average.
The index measured by FGV was 120.4 points in August, against 121.6 points in July. The greatest drop this year took place in January.
Scientist Marcelo Gleiser will be general councillor and Márcia Barbosa will be international councillor of the American Physical Society, which ranks among the world’s leading entities in its field.
Importing companies will be able to register and follow up their operations on the internet. The government system connects importers, exporters, forwarders, and state-owned enterprises.
The amount was the highest in Brazil since December 2010, and more than suffices to offset the country’s current account deficit.
