Campinas Coffee Festival is a part of a gastronomic event in the municipality and will include a train ride on August 23rd with Arab snacks and a folk dance performance.
Browsing: Economy
According to the company, foreign sales will average at 250,000 barrels per day in the second half this year, up 51% from the first half.
Financial institutions polled by the Brazilian Central Bank now see a growth of only 0.81% for Brazilian economy in 2014. Previous estimate had seen 0.86%.
Economist Eduardo Gianetti da Fonseca will deliver a lecture on economic perspectives for the country at the organization’s offices on August 19th at 7:00 pm. Registration is open and slots are limited.
Price index calculated by the organization is down 2.1% in July from June. Decline was driven by lower prices of oilseeds, maize and wheat.
According to consulting firm KPMG, 406 merger and acquisition (M&A) operations took place in Brazil in H1, the second best result for the period since 1994.
Brazil produced an average of 2.246 million barrels per day in June, up 2.6% from May and 6.9% June on June.
Brazilian Development Bank chairman Luciano Coutinho admits that the upcoming election is causing investment to be delayed. The number of consultations to obtain funding from the bank has declined.
Foreign sales by the Brazilian auto industry were up 19.7% from June, but down 32.2% from July last year, according to the National Motor Vehicle Manufacturers Association (Anfavea).
There was an 11.7% increase in July from June. July on July, the demand is down 10.2% due to the current economic scenario.
It was the fourth straight month of decline, according to the National Confederation of Industry. The rate of use of installed capacity was the lowest since April 2009.
The UN agency believes Latin American countries should grow by 2.2% this year. The prior forecast was 2.7%.
Financial institutions analysts revised down once again the growth estimate for Brazilian economy in 2014.
International Monetary Fund claims that political problems in the neighbouring country are affecting Lebanon and notes that revising electricity tariffs and broadening the tax base can potentially balance spending.
