The evaluation of the International Monetary Fund (IMF) disclosed on Friday shows that the economy of Brazil should grow 4% in the last quarter of 2012, mainly due to domestic trade.
Author: Agência Brasil
The Brazilian Foreign Ministry (Itamaraty) has temporarily allocated personnel from the embassy in Damascus to Beirut, but informs that it will not shut down its office in Syria.
The Brazilian government has devised a plan to evacuate its citizens living in the Arab country due to the escalation of violence.
The outflow of dollars exceeded the inflow by US$ 212 million this month up to Friday, according to the Central Bank.
The organisation has lowered its forecast for Brazilian growth this year. Now the estimate is 2.5%, half a percentage point below the previous estimate. For 2013, the IMF expects expansion of 4.6%.
There was 0.02% retraction in Brazilian economic activity in May as against April, according to a Central Bank of Brazil index. There were also reductions in January and March.
This Wednesday, the company announced the discovery of a heavy crude reserve in the post-salt layer of the Basin of Espírito Santo.
The National Confederation of Industry believes that the Gross Domestic Product (GDP) of Brazil should grow 2.1% this year. The prior projection was 3%.
Sales of imported vehicles declined in the first six months of the year as against the same period of 2011.
According to the managing director of the International Monetary Fund, the forecasted growth in the Brazilian economy, to be disclosed in the near future, will be below the previous estimate.
Last month, 274,000 units were manufactured, 2.6% less than in May and 7.6% down from June 2011.
The Brazilian 2011-2012 grain season may be 0.1% lower than the preceding one, according to estimates of the National Supply Company. The crop forecast is 162.6 million tonnes.
The 780-kilometre train line will cost US$ 1.5 billion. Through it, the Brazilian mining company intends to carry the coal it extracts in the African country.
The variation was recorded in quarter one, 2012 as against quarter four, 2011. Industry drove the performance with a growth rate of 1.1%.
