Trade balance had a surplus of more than USD 1 billion last week. Foreign sales increased 7% in the period and 1.8% in the month.
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According to the Brazilian National Treasury, the country’s debt widened to USD 807 billion in March from February.
According to the Brazilian National Treasury, the country’s debt widened to USD 807 billion in March from February.
This is the amount of net inflows of foreign investments in the emirate’s financial market throughout this week.
Import taxes on 251 machinery and equipment items were cut from 14% to 2%, with 24 computing items also having their import tariff slashed from 16% to 2%.
It’s the 14th consecutive decline, according to the Brazilian Central Bank. The 0.29% drop was over January. In comparison to February 2015, recession reached 4.54%.
Mergers and acquisitions dropped 67% to USD 4.7 billion in Q1 this year, according to a survey from Thomson Reuters, in the weakest first quarter since 2014.
According to the Brazilian Central Bank, the deficit stood at USD 855 million in March. The Q1 deficit reached USD 7.591 billion.
Commercial operation of the hydroelectric plant started this Wednesday. The power plant is located along the Xingu River, Pará state.
The Santos city-based beachwear brand Santa Areia has shipped products to a client in the Arab country. The winner of a foreign trade prize, the company wants to do more business with Arab countries.
From May 22 to 26, the sector’s association will set up meetings and visits to the Gulf country to define Brazilian footwear business strategies there. Currently, 130 members of the association export to the UAE.
Overall, USD 88 billion worth of taxes and contributions were collected in Q1 in Brazil, down 8.2% from Q1 2015.
A report by the bank estimates that this is the annual amount the Israeli government withholds from the Arab country. The document will be presented in Brussels to the Ad Hoc Liaison Committee for support to Palestinians.
The number concerns a March-on-March comparison for Brazil according to an indicator measured by Serasa Experian. In March from February, demand was up 8.4%.
