The UN agency expects a drop in the region’s foreign sales for the fourth consecutive year in 2016. The decline, however, won’t be a sharp as the one in 2015.
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Brazil’s domestic and foreign nominal debts eased in October from September, to BRL 3.03 trillion.
Brazil saw USD 8.4 billion worth of direct investment last month. The amount is 25% higher than in October 2015.
Expenditure in foreign countries reached USD 1.4 billion in October, up 41.8% from October 2015. Spending by foreign tourists in Brazil went down.
A report on the matter will be presented to the UN General Assembly. The trade and development agency claims the Palestinian economy could ‘easily’ be twice as big if the territories were not occupied.
The third week of November saw USD 8.94 billion worth of exports from Brazil, with imports reaching USD 7.06 billion.
The amount by which imports outpaced exports decreased year-to-date through September, with foreign sales at USD 5.5 billion and purchases reaching USD 14.1 billion.
According to a Central Bank poll of financial institutions, Brazil’s GDP shrinkage projection for this year has also widened.
Leather and footwear parts makers affiliated with an exports program grossed USD 223 million from foreign sales from January to October, up 35% from the comparable period of last year.
Foreign sales from Brazil amounted to 4,252 units from January to October, down 5.4% from the same months in 2015.
In this year’s Q3, the Brazilian Development Bank reversed the losses of 2016’s first six months.
The Arab airline acquired 10% of total shares of the South American company, which will now move forward with a USD 613 million capital increase.
Answering a survey by the Ministry of Finance, banks revised down slightly their forecast for the central government’s primary deficit from the BRL 159.8 bn (USD 47.03 bn) previously estimated.
The United States currency was selling for BRL 3.422 at the end of this Wednesday in Brazil, down 0.56%. São Paulo Stock Exchange Index Ibovespa gained 1.85%.
