Browsing: Economy

Over 40 million young people are not working or studying, says a survey covering the 35 countries of the Organization for Economic Cooperation and Development and non-members such as Brazil and Saudi Arabia.

A group made of businesses, workers and the government defined infrastructure, exports and business environment as priority sectors for improvement in Brazil.

The Brazilian trade balance registered a surplus of USD 3.8 billion in September. Both exports and imports went down, but the latter had the sharpest decline.

Márcio Félix, a secretary to the Brazilian Ministry of Mines and energy, spoke for the admission of partners to explore areas under concession since 2010 to the state-run oil company Petrobras.

From January to August, there was a deficit of BRL 71.4 billion (USD 21.90), according to data from the National Treasure. The year’s target is a deficit of BRL 170.5 billion (USD 52.31 billion).

Revenues from external sales by the capital goods industry amounted to USD 696 million last month. It went up over the same month of 2015 and over July. But the sector’s trade balance is still in deficit.