Brazilian exports decline even with the dollar appreciation and low domestic demand inhibits imports.
Author: From the Newsroom
In the third week of August, exports overcame imports in US$ 699 million. Shipments, however, are still in lower numbers than in the previous year.
The Focus Bulletin released by the Brazilian Central Bank shows for the first time in 17 weeks a lower estimation for this year’s inflation.
Conference on the topic takes place in Brasília in November and will discuss targets to reduce the numbers of victims. Brazil and 18 other countries, among them Oman and Morocco, are committed to the goals.
In a day of tension in the financial markets, the São Paulo Stock Exchange closes down 1.99% and the dollar rises. China and political tension impacted the negative performance.
The Security Council believes that the situation in the south of the country, along the Israeli border, still represents a threat to peace and security.
The GDP of the Arab country increased 0.7% from April to June with the impact of two terrorist attacks in the economic activity. In Q1 the growth was of 1.7%.
Representatives of the organization denounced the destruction of 22 building by Israeli authorities and the forced evictions of 78 Palestinians, including 49 children.
The country shipped 7.365 million barrels per day, 430,000 barrels more than in May. Domestic consumption also increased in the month.
According to the Brazilian statistics institute, unemployment rate in July stood at 7.5% and average income per worker declined 2.4% in comparison to the same period of 2014.
According to statistics agency, 820,000 foreign visitors came to the country in the month, almost half of them from Eastern Europe.
The company extracted 2.796 million barrels of oil and gas per day last month, an increase of 1.8% over June and of 3.6% over July of last year.
An agreement with German development bank will make available R$ 1 billion (US$ 288 million) for sustainable and efficient public transportation projects in metro areas.
Revenues topped US$ 900 million in July, an increase of 2% over the same month of 2014. Egypt was the highlight and stood at fifth place among Brazil’s largest markets.
