Brazilian companies of the sector increased their foreign sales in August, especially of computer products, telecommunications and industrial automation. Year-to-date, sales are still on the decline.
Browsing: Economy
Such is the rate projected by the Brazilian Institute of Geography and Statistics (IBGE) for the twelve months ended September. Inflation reached 0.23% so far this month, and 5.9% year-to-date.
Décor brand Das Catarinas Brazil exports to Europe and is intent on growing on the international market. Its products are made with scrap textiles by women in Santa Catarina, Brazil.
The multilateral organization believes global economy will grow 2.9% this year, less than in 2015, and 3.2% in 2017. Forecasts released in June were revised downward.
The United States currency closed at BRL 3.211 this Wednesday in Brazil after the US Federal Reserve said it will keep the interest rate at the current level. Japan also announced it will retain its stimulus policy.
A report from the UN agency notes that the world economy needs structural changes in order for investment and wages to grow in years to come, and that industrialization can usher in that expansion.
Hashim Sarkis, the dean of the School of Architecture and Planning at the Massachusetts Institute of Technology, will deliver a lecture on urbanization in big cities at the University of São Paulo next week.
The index climbed 2.2 points to 53.7, the highest score since January 2014. Scores above 50 are an indication of optimism.
State-owned company reveals plans to invest USD 74.1 billion in the next five years, a lower figure than the one from the previous business plan.
Created by Brasília, Brazil native Viviane Carvalho, the online publication Connection Beirut aims to portray the Lebanon that lies beyond the politics and conflict. It covers history, events, culture and personalities.
In September’s third week, exports continued to exceed imports and went up in comparison to the performance registered in the same month of 2015.
Financial institutions polled by the Brazilian Central Bank estimate a 7.34% rate at the end of 2016. Last week’s projection had been 7.36%.
The president authorized the Brazilian Central Bank to buy paper for currency and “metal coins” from foreigner supplier.
The United States currency slid 1.02% to BRL 3.2680. The São Paulo Stock Exchange index Ibovespa fell 1.43% to 57,079 points.
