Brazilian debt securities amounted to US$ 86.9 billion as of the end of January. The sum increased as a result of US dollar sales on the future market.
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Brazil’s Federal Revenue has announced the total amount of federal taxes paid last month: nearly R$ 124 bilhões. The agency forecasts a 3% increase this year from 2013.
Brazil exported US$ 3.666 billion worth of goods last week and imported US$ 4.312 billion. As a result, the trade deficit has risen to nearly US$ 2.7 billion month-to-date in February.
The Consumer Confidence Index has reached its lowest level since May 2009, as per a survey conducted by the Getulio Vargas Foundation.
Central Bank bulletin shows reduction in the Brazilian economy growth forecast for the third week running.
Brazil posted a US$ 11.6 billion current account deficit last month, the highest monthly deficit ever recorded in the country.
According to a report from the organization, the country needs to solve structural issues such as uneven access to schooling and tax system distortions.
Conference will tackle the causes and the socioeconomic challenges stemming from worldwide food price volatility. The event will be held on the 25th and 26th.
Brazil’s premier maritime terminal handled 13.6% less cargo in January 2014 from December 2013. Performance was affected by a decline in exports.
Streamlined expenditure forecast and primary surplus target at 1.9% of GDP are designed to maintain sound macroeconomic foundations and market confidence.
Dollar inflows to Brazil have exceeded outflows by US$ 318 million in the first two weeks of February.
Foreign sales were down 9.61% from January 2013. A slowdown is expected early on in the year, and recovery should take place over the next few months.
Extracted volume has decreased by 70,000 barrels per day since last week as a result of confrontations. The country is plagued by political, economic and social instability.
Watch in this episode: Brazil-UAE Economic Forum; International Arab Studies Week; Algeria, the only Arab country taking part in the 2014 World Cup; and a report about the Brazilian city of Curitiba.
