Dollar outflow from Brazil exceeded the inflow in US$ 2.4 billion until the 12th. Deficit was caused by the cash flow.
Browsing: Economy
Fundação Getúlio Vargas’s research shows a worse performance in 2015 compared to this year. Fiscal tightening will restrict growth in the short term.
Registrations are open to university students and recent graduates interested in working for the company. Those who qualify are representing Brazil in a worldwide competition in the UAE in 2015.
According to a Fundação Getúlio Vargas research, there was a worsening of the business environment in 2014. Companies lowered investments and may follow the same path in 2015.
From costume jewellery made from seeds to images of saints built with newspaper, items made by artisans from São Paulo’s Cooperaldeia are successful at fairs in the old continent.
In the second week of December, exports exceeded imports in US$ 380 million. Results drove a better performance in December but there’s still deficit for the year.
As per a Central Bank index, Gross Domestic Product (GDP) is down 0.26% in October from September.
A technical mission of the International Monetary Fund said that local authorities made progress in 2014, but warns of the high indebtedness levels, low growth rate and refugee influx.
The United States currency reached R$ 2.651, the highest since April 4th, 2005. The São Paulo stock exchange’s Ibovespa index dropped by 3.73% on Friday.
The period of time during which the documents will remain valid for Brazilians has been lengthened from five to ten years.
The Arab country was chosen again for actions of the sector’s internationalization program, Brazilian Footwear. Abicalçados and Apex renewed the project’s agreement for two more years.
The monetary authority estimates that the exchange rate and the administered prices will keep inflation above the target center, but promises to move carefully when it comes to raising interest rates.
A holding company from Abu Dhabi has purchased the New Scotland Yard building at an auction for US$ 580 million and will convert it into a residential/commercial estate.
A preview of a United Nations report on the global economic scenario forecasts growth of 3.1% in 2015, higher than the 2.6% expected in 2014. The situation has improved, but risks do exist.
