External sales of Brazilian machinery and equipment amounted to US$ 1.235 billion in March, an increase of 56% from February and 22% over the same month of 2014.
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The index that tracks the prices of internationally traded Brazilian staple goods was down 2.14% from March.
The drop occurred in comparison with February in Brazil, according to the institute of statistics. Weaker performances came from the auto industry, trailers and trucks, electronic equipment and beverages, among others.
São Paulo’s Wax Green sells green propolis to countries in Asia, Europe and the Americas. The company exports 30% of its output and deals directly with end buyers.
The holder of PhD on the matter, Sílvia Ferabolli will discuss ties and cooperation among Arab countries next Tuesday (13th) at the Arab Brazilian Chamber of Commerce headquarters, in São Paulo.
The Fund says that the low oil prices will drive the Gulf country to post a deficit in current and external accounts this year. Raising taxes also an option.
The United Arab Emirates-based company operates a terminal at the Port of Recife. The amount of cargo handled was up 97% in quarter one, 2015.
In Q1, revenue, hours worked, jobs, total wages paid and average income all dropped, according to an industry confederation survey.
The 13th round of biddings for the exploration of oil and gas in Brazil will take place in Q3. The requirement of association with Petrobras won’t be in place.
Exports outweighed imports for the second straight month. The trade surplus, however, was the weakest for April since 2013.
Bank analysts increased their projection for the Selic (benchmark interest rates) to 13.5%. The estimation of decline of Brazil’s GDP also went up to 1.18%.
Investe São Paulo, agency from the São Paulo state government, will sign agreement with Apex-Brasil to help expand trade of small and medium-sized companies to other countries.
The Brazilian aircraft manufacturing company posted losses of US$ 66.5 million in quarter one this year, which it attributed to higher income tax spending associated with the US dollar hike.
The Brazilian mining company said its quarter one results suffered from the depreciation of Brazil’s real against the US dollar. Ore production hit a record during the period.
