In February, Brazil sold US$ 791 million worth of machinery and equipment to foreign countries, nearly 25% down from the same month in 2014. Imports declined by almost 17%.
Author: From the Newsroom
The index registered its third straight drop, due to worries with water and energy supply and political instability.
The foreign exchange flow was positive in US$ 762 million until March 20th. Until the 13th, it had a surplus of US$ 2.2 billion, but, in the third week, financial and commercial sectors impacted the performance.
The 0.49% increase in comparison to the same period of last year is attributed to fund transfers between private companies.
Credit rating agency Standard & Poor’s has reaffirmed the country’s investment grade status.
In the third week of March, imports overcame exports in R$ 199 million (US$ 62.5 million). The balance year-to-date is negative in US$ 6.288 billion.
The North American currency registered a depreciation of 2% this Friday (20th), after a week of instability in the financial market.
The Kuwaiti representative at the UN said that over US$ 2 billion worth of humanitarian aid have been supplied, out of US$ 2.4 billion pledged at a conference last year. A new event will take place on the 31st.
The country already hosted the 2009 and 2010 editions of the tournament and now was chosen again by Fifa. The last two editions occurred in Morocco.
The Brazilian federal government has ‘vehemently’ disapproved of this Friday’s attacks on two mosques in Sanaa, the Arab country’s capital, that left over a 100 people dead.
A mission from the Fund visited the Arab country and gave a positive assessment of the local economy. The loan is still pending approval from the IMF Executive Board.
The Brazilian state-owned institution granted loans worth a combined US$ 57.7 billion last year, a decline of slightly over 1% from the total amount in 2013.
The organization has revised its estimates for ten countries plus the Eurozone. The only country with a negative growth forecast is Brazil.
The Brazilian government released a statement saying it ‘vehemently [condemns] the coward attacks’ that resulted in the death of 19 people at the National Bardo Museum in Tunis.
