The Brazilian Institute of Geography and Statistics (IBGE) released this Tuesday (12) its estimate from May regarding the cereal, oilseed and pulse harvest. The expected amount is down 0.8% from April.
Author: Agência Brasil
Throughput at government-managed ports in the country was up 3.2% in the first quarter, while privately-run terminals saw a 2.3% decline in cargo handled.
The International Air Transport Association, which represents 290 airlines in 120 countries, says governments must be cautious in handing airports over to private sector players.
An indicator from the Institute for Applied Economics Research (Ipea) showed an increase in April from March.
ANP sold three of the four blocks offered in an auction this Thursday (7).
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.
