The amount of anhydrous alcohol in regular gas should go from 25% to 27% this month. The measure is still pending approval from president Dilma Rousseff.
Browsing: Economy
A Brazilian Central Bank poll of financial institutions has returned projections of 7.01% inflation and 0.03% economic growth for 2015.
A study conducted by the organization and submitted to local authorities says improving facilities could gross the country an additional US$ 300 million in revenues.
The 2.2% increment from 2013 was the lowest since 2009. Electricity usage by industry decreased, weighing down on overall performance.
Cevital’s projects include building agro industries and inland ports. The company is in talks to buy plots in the states of Mato Grosso and Pará. Production will be sold domestically and abroad.
The IMF estimates that the economy of Gaza and the West Bank retracted by 1% in 2014. Causes include the conflicts that took place in July and Israel’s withholding of clearance revenues.
Credit rating agency downgraded the state-owned oil company from Baa2 to Baa3. The company, however, maintained its investment grade.
Foreign direct investment flows worldwide were down 8% to US$ 1.26 trillion in 2014, the second worst result since the 2008 crisis. Developing countries, however, saw record-high inflows.
Average earnings in Brazil went from US$ 613 in 2003 to US$ 815.7 in 2014 in real terms, i.e. inflation is accounted for.
Foreign sales of capital goods fetched US$ 13.4 billion last year. Imports amounted to US$ 28.7 billion, down 12% from 2013.
Results from third quarter 2014 show net profit of R$ 3.087 billion (US$ 1.196 billion), but didn’t account for charges against earnings caused by the corruption scandal revealed by the Federal Police.
In Brazil, dollar inflow outgains outflow in US$ 662 million in January. Surplus was the result of the financial market performance.
The Dubai Aerospace Enterprise (DAE) has delivered five ATR 72-600 leased aircraft to the airline. This was the first transaction between the two.
The increase took place in 2014 from 2013, according to the Brazilian industry association. In 2015, a 2% increment is expected.
