Exports from the country exceeded imports by US$ 888 million last week. In the first week of September there was a surplus as well. Month-to-date, the surplus stands at US$ 1.4 billion.
Author: From the Newsroom
FAO’s international price index dropped 5.2% in August from July. The US dollar hike relative to Brazil’s real drove down sugar prices abroad and contributed to the decline.
The day after Standard & Poor’s lowered the country’s risk rating, the US currency closed at R$ 3.85 for sale and the São Paulo stock exchange index dropped 0.33%. Petrobras also lost its investment-grade status.
Brazil sold US$ 134.5 million worth of product to the Arab world from January to August this year, a 4.67% increase from a year ago.
Watch in this episode a report about the online certification process developed by the Arab Chamber.
Decline in global prices of the commodity will impact exports and tax revenues in the Arab country, says the IMF. For the Fund, the nation should focus on the development of the private sector.
The Brazilian Development Bank (BNDES, in the Portuguese acronym) is providing financing for wind farm projects in the states of Ceará, Rio Grande do Norte and Rio Grande do Sul, with 480 MW of capacity.
The Brazilian balance of trade showed a US$ 544 million surplus last week. Average daily exports and imports increased over August, but declined over September 2014.
The decline took place in August from a year ago. In August from July of this year, foreign sales of motorcycles increased by 9%.
To increase flight frequencies and passenger flow between Brazil and Africa, the company, together with Brazilian tourism institute, should promote trips with tourism agents and journalists.
Conflicts prevent access to the educational system in Syria, Iraq, Lebanon, Jordan, Turkey, Yemen, Libya, Sudan and Palestine, according to a report by UNICEF. The targeting of schools is one of the causes.
The state-owned organization disbursed R$ 68.7 billion (US$ 18.4 billion) in the first half of the year. The bulk of the funds went to infrastructure.
Use of energy dropped 2.9% in Brazil over the same month of 2014, according to survey by Energy Research Company. The first seven months of the year showed less of a decline.
Exports and imports from Brazil both shrank in August, but the difference between the former and the latter grew 132% to US$ 2.7 billion.
