Such is the deficit Brazilian financial institutions believe the federal government will have posted by the end of 2016. The January forecast had been for a USD 17 billion deficit.
Browsing: Economy
The company produced 333.4 million tons of iron ore last year, up 14.2 million tons from the preceding year.
Brazilian Central Bank index shows that in 2015 the economy slowed down to its poorest performance since 2003. The result is considered as a preliminary GDP result.
The Organisation for Economic Co-operation and Development forecasts modest recovery in developed countries and sluggish economies in emerging ones. Brazil should see 4% recession.
The event ‘Women for Success’ opened this Thursday (18) and will run until next Monday (22). The agenda includes leadership, balancing career and personal life and entrepreneurship.
The Beirut-based Brazilian journalist Lú Braga’s blog will feature ‘Papo de cozinha,’ a show featuring international recipes, Brazilian-style, including a space for advertisements.
Standard & Poor’s believes political and economic challenges persist, and that the country will take longer than previously expected to adjust its economy.
Brazil’s Development Ministry and National Federation of Industry have entered into a cooperation deal to work in tandem to attract productive investments into the country.
Brazil’s National Petroleum, Natural Gas and Biofuels Agency said importation slid 74.5% in January 2016 from January 2015.
Motorcycle sales from Brazil to foreign countries increased year-on-year in January, to 3,336 vehicles shipped abroad.
In a concerted effort with Russia and Venezuela, the two Arab countries have pledged to keep production at January levels to prevent prices from diving further. The goal, however, is not to drive prices up.
Brazil’s exports outweighed imports in the second week of February, in the second weekly surplus of the month. Since January, the country is running a USD 2.2 billion surplus.
Banking institutions are expecting prices to go up 7.61% this year in Brazil, according to a Brazilian Central Bank poll. The estimate has been changed upward for the seventh straight time.
Rio Grande do Sul state native Lisiane Haddad cooks dishes for events such as dinners, engagement and cocktail parties. She also owns a restaurant, a snack bar and supplies food to Brazil’s navy in the Arab country.
