The former Brazilian president and the diplomat considered the possibility of Brazilian executives paying a visit to the African country this year.
Browsing: Economy
The Brazilian minister of Planning said the country’s economy should see 1% growth next year. The previous official projection was 1.3%.
Foreign sales by the Brazilian capital goods industry slowed down last month and in the 4-month period through April. Agricultural equipment, logistics and civil construction had the poorest performances.
Habitually on a surplus, the country’s trade balance swung to a US$ 744 million deficit last month.
Bilateral trade in goods and services with the rest of the world was negative by US$ 6.9 billion in April, the Central Bank reported. Year-to-date, there is a US$ 32.4 billion deficit.
The drop occurred in the first four months of the year over the same period of last year. The amount spent in other countries was US$ 6.8 billion. Spending abroad also dropped in April.
Watch in this episode an interview with Christophe Didier, general director of Etihad Airways in Brazil.
The Brazilian trade balance stood positive last week with US$ 296 million, a result of US$ 4.143 billion in exports and US$ 3.847 billion in imports.
As per a Central Bank poll of analysts, the benchmark interest rate should be 13.75% by year end in 2015. The prior estimate was 13.5%.
The company Invicta exports to Kuwait, United Arab Emirates, Saudi Arabia, Yemen and Lebanon. Buyers from the Middle East import from the simplest to the most sophisticated models.
The total amount held back reached US$ 22.8 billion and will be cut from, mainly, the investments planned by the Growth Acceleration Program.
According to the airlines’ association, the increase in demand in April was of 3.09% over the same period of last year. The seat capacity increased 1.31%.
In a speech in Rio de Janeiro, the managing director of the international Monetary Fund said the country is taking the necessary measures to steer the economy back to growth.
In a social project of a municipality in Pernambuco state, seven craftsmen manufacture wooden toy cars and games that are sold via internet. Pieces were already exported to Europe.
