CELSE will use the product as fuel for thermoelectric plant. It’s still in construction and will be part of a venture that will also have regasification plants. Contract stipulates for supply to begin in 2020.
Browsing: Economy
The index that measures the variation of factory-gate prices of products increased last year. In 2016, the increase was lower at 1.7%.
Indicator by Fundação Getulio Vargas went up 2.2 points this month over December. Uncertainty over fiscal scenario and political issues weighed down on the result.
The balance of lending operations declined 0.6% in 2017 over the previous year. The amount accounted for 47.1% of the country’s Gross Domestic Product.
The financial market revised down its Brazilian economy growth forecast for 2018, from 2.7% to 2.66%.
Expenditure in international travelling reached USD 19 billion last year. Spending by foreigners in Brazil stood at USD 5.8 billion.
The amount forwarded to the Brazilian Union, states and counties by oil producing companies reached near BRL 27 billion (USD 8.72 billion).
The Focus Bulletin shows that the financial markets’ expectations regarding the IPCA and the GDP remain the same.
Consortium headed by the company was awarded lines 5-Lilás and 17-Ouro of São Paulo’s rail transportation system for BRL 553.8 million (USD 177.55 million).
The index, measured by the National Confederation of Industry, reached 59 points this month, the highest level since April 2011.
The state-owned airline based in Doha changed the date due to a lack of availability of aircrafts to fly the route.
An index from Brazil’s National Confederation of Trade increased in January. Nevertheless, its score remains lower than the so-called ‘zone of indifference,’ which shows consumers are cautious.
Brazil purchased USD 6.5 billion worth of goods from Arab countries in 2017. Exports to the region climbed 18% to USD 13.6 billion, with the trade surplus figure reaching an all-time high.
The Focus Bulletin released this Monday (15) by the Brazilian Central Bank includes a lower price hike expectation and a likelihood of stronger GDP growth.
