Brazil’s dollar outflow bigger than the inflow in US$ 2.4 billion from January 2 to 9, according to the Central Bank.
Author: From the Newsroom
The country granted asylum to 2,320 foreigners last year; 1,405 were from Syria. There was a more than threefold increase in number of requests accepted.
Industry bets on the devaluation of the real against the dollar to turn the price of the Brazilian product more competitive. The United Arab Emirates is one of the desired markets.
The institution posted a net profit of US$ 2.9 billion last year. The board of directors recommends the distribution of a cash dividend of 75% of the nominal share value.
The estimation released by Conab establishes that this year’s production could vary between 44 and 46 million bags.
Candidates have until January 23rd to apply for the job at the Brazil-Lebanon Cultural Centre. Lebanese nationality or a work and residence visa for the Arab country are required.
By quarter three this year, the country will have issued a combined US$ 1.75 billion in bonds. The money will be spent on fuelling economic growth.
Some 36.2 million bags of the product were shipped, a volume 14.7% larger than in 2013. Sales to Arab countries were down.
The negative result in the first two weeks reached US$ 983 million, with both exports and imports dropping.
A poll with financial institutions conducted by the Brazilian Central Bank indicates higher prices and lower growth than in prior forecasts.
Foreign sales of the sector in 2014 in Brazil grossed US$ 96.75 billion, down 3.2% from 2013.
After staying flat for two days, the commodity’s price has dropped anew, to its lowest in nearly five years.
Conab (National Supply Company) estimates that the 2014/2015 harvest will reach 202 million tons in grain production. Soybean still comes on top in both harvested volume and crop area.
The entertainment and sports enterprise IMX is part of the consortium that manages the Maracanã Stadium in Rio and owns a stake in the Rock in Rio music festival brand.
