In 2014, the bank posted a net profit of R$ 8.6 billion (US$ 2.6 billion). Institution says, however, that registered losses with Petrobras performance.
Author: From the Newsroom
A study from the Brazilian Forum of Hotel Operators (FOHB), released by the Ministry of Tourism, estimates that the country will have 630 new hotels in the next six years.
An online blog launched by Lebanon’s Institute for Palestine Studies features exposés on issues such as human rights, the fallout from conflict and other topics. Art and culture are also in the spotlight.
Leaders of countries from North Africa and Middle East will meet in Egypt on Saturday (28th) and Sunday (29th) for annual meeting. Security and economy are some of the issues to be discussed.
United Nations estimates that the number of asylum application requested in the developed countries reached 866,000 last year, the highest since the Balkan War.
Report released this Thursday (26th) indicates that prices will go up 7.9% this year and that the economy will shrink 0.5%.
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%.
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.
