Financial institutions are expecting the Brazilian economy to shrink 3.30% in 2016. Last week’s forecast had been for a 3.35% decrease, according to a survey by the Brazilian Central Bank.
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In the fiscal year of 2016, the airline from Qatar registered a net profit of USD 439.4 million. In 2015, net profit was USD 102.71 million.
The company produced 2.9 million barrels of oil equivalent in June. Its previous all-time high had been in August of last year.
Brazil’s Inez de Ghandour makes frozen savory delicacies and sells them for events and at stores in ten different cities in the Arab country. The bulk of the clientele is made up of locals.
Brazil’s Extended National Consumer Price Index was at 0.35% last month, down from 0.78% in May, and drove H1 inflation to 4.42%; the rate was 6.17% in H1 2015.
The Fund`s executive board signed on an agreement that provides for the disbursement of USD 5.34 billion in three years. The goal is to help the country with its balance of payments.
The National Confederation of Industry changed from 3.1% to 3.5% its forecast for the decline of the Brazilian economy this year.
The amount sent abroad by foreign workers has been rising in the last few years. The number of immigrants already surpassed 2 million in a population of 4.4 million people.
The financial sector was the one responsible for the country`s forex deficit of USD 3.5 billion in June. Import and export-based operations registered a surplus of USD 3.9 billion.
The costs of internationally traded basic goods in Brazil, tracked by the Brazil Commodities Index, remained level in June from May.
Brazil produced more than 3.1 million barrels of oil equivalent per day in May. Extraction in the pre-salt layer went up 15% and reached 1.15 million barrels a day.
DGCX recorded 9.5 million contracts in the first half, the highest volume for the period. On June 24, the day after the Brexit voting, it saw the highest daily trading volume ever.
The Brazilian food company has approved the establishment of a subsidiary that will be in charge of producing, distributing and selling foodstuffs intended for Muslim markets.
Brazilian financial institutions are expecting the consumer price index to be 7.27% by the end of the year. Last week’s projection had been 7.29%.
