According to a survey conducted by the Getúlio Vargas Foundation, August was the eighth straight month in which the sector’s assessment of economic conditions worsened.
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The volume of credit operations increased from June and reached nearly US$ 1.223 trillion. Funding to private individuals had the best performance.
Agreement allows clients from one company to book tickets via the other. In flights with layovers in São Paulo and Casablanca, travellers will not need to recheck their luggage.
The Arab Brazilian Chamber of Commerce presented a project for digital certification of origin and legalization of export documents. The system can cut expenses and shorten time for these services.
The result in the fourth week of August shows decline of US$ 214 million. Year-to-date, the deficit is running at US$ 785 million.
For the 13th consecutive week, financial institutions have revised down their estimate for Brazilian economic growth in 2014. The expected rate is currently 0.70%.
Brazil’s US$ 1.574 billion trade surplus in July has helped offset the US$ 6 billion negative result in transactions with foreign countries. Overseas spending by Brazilians, however, was a record.
The Brazilian financial institution posted a net income of nearly US$ 2.4 billion in H1 this year, up 68% from H1 2013. Return on equity was 8.53%.
The Syrian Arab Culture Centre, in the city of São Paulo, will hold on the night of August 28th an event on poetry in Syria and through immigration.
Parliament established a commission to analyse the Libyan Central Bank’s request to revise the country’s accounts. Due to conflicts, Libya cannot reach an output of 800,000 barrels of oil per day.
Preliminary monthly results show a decline in the index measured by the Getúlio Vargas Foundation, in comparison with late July figures.
The Brazilian city will host the 2nd edition of the Brazil-Africa Forum on August 28th and 29th, with government officials from 30 African countries, including Algeria and Morocco. The main topic will be infrastructure.
Watch in this episode: Brazil-Oman Economic Forum; Jafza Road Show; ‘Ports: where do we go from here?’; Tunisian Minister of Industry, Kamel Ben Naceur, visit to São Paulo; and the success case of company Magnamed.
United States dollar inflows have exceeded outflows by US$ 500 million in the first fortnight of August. The result was a consequence of financial operations.
