Dollar outflow in Brazil surpassed inflow in more than USD 6 billion in September.
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According to the country’s minister of Energy, Mines and Sustainable Development, Aziz Rebbah, 75% of the amount will go to the development of renewable sources.
The country purchased USD 1.83 billion worth of completely knocked-down (CKD) automobile kits from January to August 2018. The number is up 96% from a year ago.
Production slid in August from July but picked up by 2% over August 2017.
Brazil exported USD 19 billion in goods, with imports coming out to USD 14 billion, the Brazilian Ministry of Industry, Foreign Trade and Services said this Monday (1).
The forecast made by financial institutions for the inflation rate in Brazil went from 4.28%, last week’s estimate, to 4.3% this week. It was the third straight increase.
Qatar’s state-owned company acquired the block of Titã, in the Santos basin, in the 5th Production Sharing Round in the Pre-Salt, in a consortium with ExxonMobil. The auction was held this Friday.
Brazil’s biggest seaport, on the São Paulo coast, handled unprecedented amounts of cargo in August and year-to-date through August.
Empresa Brasileira de Terminais e Armazéns Gerais won the public bid for a liquid bulk terminal in Ilha de Barnabé, in the left bank of the port of Santos.
Real estate, construction, manufacturing, domestic services, market research, government sector, media and IT will be the sectors creating the most jobs in the Arab country in 2019, according to industry executives.
The oil company’s president spoke this Thursday on the rise of the company’s shares after a deal with US authorities.
The organization’s new forecast for growth in trade volume in 2018 went from 4.4% to 3.9% in face of the trade war between the United States and China and the volatility in exchange rates.
The Brazilian monetary authority estimates a USD 14.3 billion deficit for Brazil this year. As of June, the forecast was for a USD 11.5 billion deficit.
Only 5% of households had debt in arrears for over 90 days last August in Brazil, the Brazilian Central Bank reported.

