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.
Author: Agência Brasil
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.
The Brazilian institution established a USD 60 billion swap line with Fed to increase the supply of the US currency in Brazil.
Demand for foreign products was up 14.6% and for domestic products 8% in January from December.
Banco do Brasil’s new facility will power up 100 of its branches.
Brazil’s Banco do Brasil and Caixa Econômica Federal announced that financing will be made available to businesses whose finances take a hit from the pandemic.
The state-run oil company signed a contract transferring ownership of areas in Bahia, Brazil to Eagle.
The Brazilian state-run oil company is divesting itself of its entire stake in Petrobras Colombia Combustibles, which distributes and sells fuel and lubricants.
Company shipped 238,000 barrels of fuel oils a day in February.
Four public hearings will be held to disclose details regarding 22 Brazilian airports.
