According to the Ministry of Infrastructure executive secretary, the Brazilian federal government will present in June a program to increase the supply in the segment.
Author: Agência Brasil
Brazil’s GDP shrank in H1 from the prior quarter. Agribusiness was the only sector that grew.
United Nations tripled its appeal to combat the spread and destabilizing effects of the coronavirus pandemic, mainly in Africa and Latin America.
FAO index points out a sharp fall of 3.4% in food prices last month on March. Sugar prices plunged by 14.6%.
The oil company has announced that it’ll resume the sale of its stake in Gaspetro, a company that operates in natural gas trade, storage and distribution.
The Brazilian Health Regulatory Agency (Anvisa) authorized formerly prohibited imports and donations of used equipment essential to intensive care units.
Cotunduba Canal work hours will change to 24/7 still this year, cutting costs to ship operators and cargo owners.
President Jair Bolsonaro has signed a law barring foreign sales of medical products and individual protection equipment for the duration of the state of public health emergency in the country.
Credit rating agency has lowered its outlook on Brazil’s sovereign debt from positive to stable, which means it won’t change over the next couple of years.
The Foreign Trade Chamber has expanded the list of goods with temporary import tax exemption. Mask fabric and batteries were included, among others.
UN under-secretary-general for Humanitarian Affairs said that preventing, detecting and responding to coronavirus are impeded by Syria’s fragile health system. Ten cases have been confirmed in Syria, including one death.
Brazil’s government announced a line of financing to support enterprises.
Impact of the crisis generated by the pandemic is expected to make the Brazilian economy remain stable in 2020, but agribusiness will grow by 2.9% as per estimates of the Central Bank.
February posted a deficit in foreign transactions, purchase and sale of goods and international income transfers.

