Credit rating agency Standard & Poor’s has reaffirmed the country’s investment grade status.
Browsing: Economy
In the third week of March, imports overcame exports in R$ 199 million (US$ 62.5 million). The balance year-to-date is negative in US$ 6.288 billion.
This week’s Focus Bulletin shows a surplus estimation of US$ 3.5 billion for the Brazilian trade balance in 2015, against a projection of US$ 3 billion last week.
On April 14th, economist José Roberto Mendonça de Barros will talk about the economic scenario of the country, including exchange rate issues, foreign trade and commodities’ prices. Registrations are open.
The North American currency registered a depreciation of 2% this Friday (20th), after a week of instability in the financial market.
A mission from the Fund visited the Arab country and gave a positive assessment of the local economy. The loan is still pending approval from the IMF Executive Board.
The Brazilian state-owned institution granted loans worth a combined US$ 57.7 billion last year, a decline of slightly over 1% from the total amount in 2013.
Brazilian delegation that will attend the World Social Forum next week will include officials from the government, such as minister Ideli Salvati, and from the black, women’s, students and union movements, among others.
The organization has revised its estimates for ten countries plus the Eurozone. The only country with a negative growth forecast is Brazil.
Dollar inflow to Brazil overcame outflow in US$ 2.229 billion until the 13th, according to the Brazilian Central Bank.
Watch in this episode: ‘The Arabs and the 25th of March Street’ film contest; plunging stock markets in the Gulf; a exhibition by artist Mona Hatoum; and more.
The cash will be spent on a project to be built around Tunis, the capital. A US$ 29.75 million loan will be made with repayment due in 20 years.
New bidding rounds could take place in the second half of this year, says the Brazilian minister of Planning, Budget and Management, Nelson Barbosa.
Credit taken by Brazilian companies went up 5.8% from January to February and 5.6% year-to-date. Micro and small businesses were the ones driving up the demand.
