According to the Central Bank, the balance between Brazil’s inflow and outflow of dollars up to the 9th resulted in a US$ 1.09 billion deficit.
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Funds disbursed by the Brazilian Development Bank (BNDES) reached R$ 88.3 billion (US$ 38.4 billion) in the first half of this year. There was growth of 65% over the same period in 2012.
The country’s purchases generated revenues of US$ 1.57 billion in the year through July. The main reason was growth in shipments of oil and oil products.
Assets in the countries’ sovereign funds in the region exceeded US$ 1.6 trillion. Saudi Arabia led the ranking, with US$ 641 billion.
The 737-800 jet will be used on regional flights and this is the first of an order of 39 aircraft placed to the North American producer.
Up until the 11th this month, exports exceeded imports by US$ 593 million. Shipments were down 0.5% from the same period in 2012 and imports were up 6%.
Construction of the railway connecting São Paulo and Rio de Janeiro will no longer be auctioned this week. The tender auction will be pushed back at least a year, said the Brazilian minister of Transports.
The Global Islamic Economy Summit, held in partnership with Thomson Reuters, will take place on November 25 and 26. The event will focus on financial services, halal market and small businesses.
Quarter two net income stood at US$ 2.7 billion according to information released by the oil company. The decline from quarter one was mostly due to exchange rate-related depreciation.
Eduardo Giannetti da Fonseca should talk about the current scenery of the Brazilian economy and about perspectives for coming years. The event should take place on August 20, in São Paulo.
Brazilian factory Schioppa has already shipped small volumes to Lebanon and Morocco and aims to export to the Emirates. The company has participated in Arab Health, in Dubai, since 2008.
This Friday (9th), the federal government announced the first public consultation for ports lease tenders. The measure covers Santos and five ports in Pará state, which should see R$ 3 bn in investment.
The Brazilian Central Bank governor has announced that from October 1st on, the country will adhere to international norms, as per an agreement entered into with the leading world economies.
So says the monthly report of the International Energy Agency. The organization has revised its 2014 demand estimate down by 100,000 barrels per day (bpd), to 92 million bpd.
