Watch in this episode: A lecture by economist José Roberto Mendonça de Barros; Arabian horses are back to the São Paulo Jockey Club; Brazilian imports of seafood; company Athletic; and the city of Recife.
Browsing: Economy
The increase took place in the first half this year from the same period in 2013, according to the Brazilian Piped Gas Distributors Association (Abegás).
The sum was invested in 40 locations over the course of three and a half years, according to the Civil Aviation Secretariat. Another US$ 169 million should be spent in improvements at 270 other facilities.
The funds will be available as a precautionary and liquidity line, meaning the country is not obliged to withdraw the funds, but may employ them on an as-needed basis.
The entire output, 200,000 barrels, originated from the only field in operation, Chinguetti. The country is mineral resource-rich, but half the population lives on agriculture and livestock farming.
Financial institutions have once again revised down the economic growth estimate for Brazil in 2014, this time to 0.9%.
A US$ 10-million project will see the construction of a cold room with capacity to store 40,000 tonnes of products. The structure will benefit Moroccan exporters of fruit, vegetables and seafood.
Brazil’s monetary authority is taking actions designed to increase the amount of funds available in the country. Changes in banks’ compulsory deposits will cause more money to circulate.
The fund has revised down its growth estimate for the world economy by 0.3% for 2014. Q1 performance fell short of expectations. Projections for Brazil and the Middle East have been reduced.
The country climbed from the 80th to the 79th position in the United Nations’ global human development report, with a 0.744 score. The index ranges from zero to 1.
Brazilian National Treasure issued and repurchased external dollar-denominated debt bonds. Out of the total acquired, US$ 3.5 billion came from European and North American markets and US$ 50 million from the Asian one.
The airline has purchased a used unit of the ERJ-145 model to use in flights to African capitals. The Brazilian aircraft manufacturer has delivered over 50 planes in Arab countries.
The country ranks among the world’s ten most inviting countries to investment in the sector, according to a survey by Ernst & Young. It has climbed two positions in the ranking.
Amount is the sum of sector transactions in the first half of the year. In Q2, business yielded 14% less than in Q1.
