Output dropped in ten out of 14 states monitored by the Brazilian Institute of Geography and Statistics in October from September. The poorest performances were those of Pará, Paraná, Espírito Santo and Amazonas.
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The country is negotiating loans of USD 1 billion with the World Bank and USD 500 million with the African Development Bank.
The estimate from the Brazilian Central Bank’s Focus Bulletin, a poll of financial institutions, increased for the 12th straight week.
Leather items by Rio Grande do Sul state-based company Nordweg are handmade and have lifelong guarantee. The products are sold to end consumers and have been shipped to the United Arab Emirates.
Adus, an organization that caters to people who have been given asylum in Brazil, is holding a Christmas bazaar sale on December 12th and 13th in São Paulo. The money will go to helping refugees.
The Brazilian minister of Finance, Joaquim Levy, said that the government is moving in the right direction and that the country has the ability to recover fast and deal with political and structural issues.
Withdrawals overcame deposits in BRL 1.3 billion (USD 347 million) in November, the 11th consecutive month with withdrawals on top. It was the worst result for the month in the Brazilian Central Bank’s survey.
In excess of 36,000 automobiles were shipped abroad from Brazil last month. Year-to-date, 369,500 units were exported.
An NGO will host a talk in the next three Saturday afternoons in São Paulo. The purpose is to help them understand how women are treated in Brazil.
A state government event gathered companies and civil organizations to show the importance of foreigners’ integration in the labor market. A job fair set to February 2016 will offer openings to immigrants.
An indicator from Brazil’s National Federation of Industry edged up 0.6 percentage point to 19.8% in quarter three.
Industrial output in Brazil dropped 2.7% in October from September, driven by a slowdown in oil products and biofuels production.
The low price of the commodity has led the country to ease down on its fiscal adjustment measures. The economy should slow down in 2015 and 2016, as per an International Monetary Fund report.
A Brazilian Central Bank index that tracks the prices of internationally traded primary products declined in November. In the 12 months leading up to November, the index is up 18.4%.
