The result was the worst ever for the month. Year-to-date, the consolidated public sector has a primary surplus of R$ 6.2 billion (US$ 1.73 billion).
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National Petroleum Industry Organization and Apex-Brasil will start looking for foreign-based enterprises for production-oriented partnerships with Brazilian oil and gas industry suppliers.
Port operator based in Dubai registered net profits of US$ 405 million in H1. The company operates business throughout the world, including Brazil.
National Treasury, Social Security and Central Bank had a combined primary deficit of R$ 9 billion (US$ 2.5 billion) from January to July.
State-owned bank registered net gains of R$ 1.9 billion (US$ 535 million) in Q2 and of R$ 3.5 billion (US$ 986 million) in H1, 2.8% more than in the first six months of 2014.
In a lecture sponsored by the Arab Chamber, the manager for Latin America at the National Bank of Abu Dhabi, Angela Martins, said transactions following the rules of Islam can help businesses expand.
The transfer should be made before September ends, after a loan program review. The Fund said the economy faces challenges, but the government is committed to resuming growth.
Brazilian exports decline even with the dollar appreciation and low domestic demand inhibits imports.
Survey by the National Confederation of Industry shows that consumers are less pessimistic with the country’s economy.
The statement came from the head of the Economic Department of the financial institution, Túlio Maciel. Brazil had a deficit of US$ 6 billion in current transactions in July. In the same month of 2014, the deficit was higher.
Spending with international travelling totaled US$ 1.7 billion in July, a decline of 30% in comparison to the same month of last year.
In the third week of August, exports overcame imports in US$ 699 million. Shipments, however, are still in lower numbers than in the previous year.
The Focus Bulletin released by the Brazilian Central Bank shows for the first time in 17 weeks a lower estimation for this year’s inflation.
The Tobias Barreto theater, in the capital Aracaju, will host the eight edition of the event, on September 5th and 6th, with dance shows and courses. Dance company Carpe Diem is promoting the event.
