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Loans from Brazil’s BNDES came out to USD 18.5 billion from January to November this year. Agriculture loans were the only ones to increase year-on-year.
November saw the Brazilian government collect BRL 115.089 billion in taxes, up 9.5% year-on-year in inflation-discounted terms.
The Santa Catarina-based beachwear brand’s 2018 collection incorporates Arab elements into fluid items such as kaftans, phat pants and turbans, with colors, prints and designs that hark back to the Arab country.
The National Confederation of Industry’s Industrialist Confidence Index climbed 1.8 to 58.3 points, its best score since November 2012.
Brazilian financial market players expect prices to have increased by 2.83% by the end of this year, down from 2.88% as of last week’s forecast.
Such is the amount expected following an auction held today in São Paulo. Winning bids were placed for 11 batches in 10 different states of Brazil.
The sector slowed down in October from September in Brazil as per a survey by the Brazilian Institute of Geography and Statistics (IBGE). Activity also dropped year-to-date.
Minister Henrique Meirelles announced a 1.1% growth prediction for Brazil this year, up from a prior 0.5% forecast. Expected 2018 performance moved up as well.
The National Congress approved next year’s budget on Wednesday evening. A special election campaigns fund will account for USD 513 million out of the total amount.
A survey by the National Confederation of Industry (CNI) shows that, in ten years, the percentage of Brazilian industries that will be 4.0 will go from the current 1.6% to 21.8%.
Financial market players see this year ending with a 2.88% rate, down from a prior 3.03% estimate. Expected economic growth edged up from 0.89% to 091%.
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels has issued a pre-request for proposals and the draft contract for the tender of 70 exploration blocks.
Brazil exported USD 83.4 million worth of footwear, down 0.9% over the same month of last year. The UAE is one of the main markets.
