Revenues from exports to the region reached US$ 1.26 billion in 2014, down 15%. The company posted lower gross operating revenues and higher losses due to lower ore prices.
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David Barioni Neto has taken office as head of the Brazilian export promotion agency. Brazil’s Development minister Armando Monteiro Neto is chairman of the Advisory Board.
Brazil exported US$ 785 million in machinery in the first month of the year. Imports grossed US$ 2.616 billion, an increase of 19% over December.
The Brazilian president has commented on the state-owned oil company’s credit rating cut by Moody’s. She believes the company will recover ‘without any major repercussions.’
Research center called FamilyD brings information about Lebanon’s history, culture and current issues, besides the archive with data about the family immigration to Brazil.
Despite the dollar being appreciated over the real, Brazilians spent US$ 2.2 billion in international trips in January, an increase of 4% over December and over the same month of last year.
Brazil’s foreign sales revenues dropped last week and to date in February. The trade balance stands negative in the week, month and year.
An index that measures how much is produced per hour of work has increased in the country over a ten-year period, but is lower than those of the 11 other countries surveyed.
The Focus Bulletin, a poll of financial institutions conducted by the Brazilian Central Bank, shows the GDP is expected to shrink and inflation is expected to go up.
Representatives of the organization went on a tour through the Middle East to introduce the new system, which will be implemented this year.
Index from Fundação Getulio Vargas dropped 1.6% in January and now has declined three consecutive times.
In 2014, the company produced 319.2 million tons, up 6.5% over 2013. The Oman plant broke records.
The net result of dollar inflows and outflows in Brazil was negative in US$ 376 million last week.
Survey from UN’s agency for the sector says that the increase of the market value added was low in 2014. Index reflects how much the industry contributes for the GDP of countries.
