ANP sold three of the four blocks offered in an auction this Thursday (7).
Author: Agência Brasil
Foreign sales of Brazilian-made cars dropped as a result of a trucker strike. Industry association Anfavea expects a rebound.
Estimates from financial market players regarding the economy this year slid from 2.37% to 2.18%.
The Brazilian federal government proposed a law to the National Congress whereby private sector players will be allowed to buy six of state-run power utility Eletrobras’ distribution subsidiaries.
The Gross Domestic Product registered a growth of 0.4% over 2017’s last three months and 1.2% over the same period of last year.
Anticipated payment of government judicial securities impacted the finances of the Brazilian Central Government.
The month saw the best result in four years, with BRL 130 billion collected, according to Brazil’s Federal Revenue Service.
That’s the estimation made by the Brazilian Foreign Trade Association (AEB). According to the association’s president, goods have not been reaching the ports to be shipped.
Brazilian financial market players expect the economy to see 2.37% growth this year, down from a prior estimate of 2.50%.
Speaking in a seminar in Rio de Janeiro, Ilan Goldfajn said that the normalization of interest rates in developed economies has been causing volatility in the international market.
For the third consecutive month, the country registered a current account surplus in April.
The recent hike of the US currency against the real will cause expenditure on trips abroad by Brazilians to lose steam, according to the head of the Central Bank’s Statistics Department.
A poll by Brazil’s National Confederation of Industry shows a rebound in Brazil, where investments had been going down since 2014.
The new Immigration Law went into effect one year ago this week and the government is preparing a project to attract skilled foreign professionals.
