The state-owned oil company has paid a BRL 2 billion (USD 540 million) debt with Banco do Brasil, which had a 2020 due date.
Author: Agência Brasil
The institution slashed its forecast for the Brazilian economy in 2018 from 2.4% by half, to 1.2%.
The Extended National Consumer Price Index (IPCA) went up after a deflation in August, according to statistics institute IBGE. Transportation had the biggest impact in the rate.
Dollar outflow in Brazil surpassed inflow in more than USD 6 billion in September.
Production slid in August from July but picked up by 2% over August 2017.
The forecast made by financial institutions for the inflation rate in Brazil went from 4.28%, last week’s estimate, to 4.3% this week. It was the third straight increase.
Empresa Brasileira de Terminais e Armazéns Gerais won the public bid for a liquid bulk terminal in Ilha de Barnabé, in the left bank of the port of Santos.
The oil company’s president spoke this Thursday on the rise of the company’s shares after a deal with US authorities.
The Brazilian monetary authority estimates a USD 14.3 billion deficit for Brazil this year. As of June, the forecast was for a USD 11.5 billion deficit.
In 2017, Brazil’s cattle herd and milk output declined, but the number of birds in the poultry industry rose.
Only 5% of households had debt in arrears for over 90 days last August in Brazil, the Brazilian Central Bank reported.
Brazilian foreign sales are concentrated mainly on basic goods, but measures are being taken for finished products to increase their share.
The number of registered voters went up 41.3%. The top cities in the number of Brazilian voters are Boston, Miami and Tokyo.
Brazil’s state-run oil company produced 2.47 million barrels of oil equivalent per day worth of oil and gas in August.
