Expenses of Brazilians on travels abroad totalled US$ 2.01 billion in July, 10% less than in the same month last year. Appreciation of the dollar provides lower stimulus for international travel.
Author: Agência Brasil
The Brazilian president ranks third for the second time in the Forbes magazine ranking, topped only by Angela Merkel and Hillary Clinton.
Inflow of dollars exceeded the outflow by US$ 165 million. In the month, however, the balance was US$ 1 billion.
Level of Family Expectations dropped from 68.5 points to 68.2 points from June to July. The index measures perception of the population regarding the country’s economy.
The advance was 0.75% over May and 0.99% over the same month in 2011. In the second quarter as a whole there was growth of 0.38% over the first three months of the year.
The funds will be transferred to a UN agency to aid people who have fled from Syria to Lebanon.
Brazil has announced a new concession programme. The plan is to transfer to private companies 7,500 km of highways and 10,000 km of railways. The expectation is to sign contracts in 2013.
According to the Brazilian Central Bank, the outflow of dollars surpassed the inflow in the country from August 1st to 10th.
The Brazilian oil company reached 2.1 million barrels refined per day as of last Sunday (12th). Earlier this month, the enterprise had set several other records.
According to the Central Bank’s Focus bulletin, analysts have reduced their growth estimate for the Brazilian economy for the second time in 2012, from 1.85% to 1.81%.
The level of employment has dropped in June, with 0.2% reduction over May and 1.8% over the same period last year. This was the fourth month running of negative results.
Mendes Ribeiro (Agriculture) said that Brazilian grain production should reach 166 million tonnes this year. The IBGE, however, forecasts a crop of 163 million tonnes.
The period will be much more favourable to the Brazilian economy, according to the heads of public and private institutions.
The president will have a busy second-half schedule. She will open the UN General Assembly in September in the USA and partake in the Summit of South American-Arab Countries (Aspa) in October.
