Industry businessmen were the least confident in June according to a survey conducted by the National Confederation of industry. The index, however, is still regarded as positive.
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During a debate in São Paulo this Tuesday (19th), Alexandre Tombini disclosed the institution’s growth estimate for the Brazilian economy in the fourth quarter of the year.
Brazilian foreign sales reached US$ 5.05 billion, a 0.8% increase compared with the other weeks this month, based on daily average figures.
Organization opens its 60th anniversary celebration with a Postal Services commemorative stamp and postmark edition. Launch ceremony is due on June 29th at São Paulo’s Legislative Assembly.
Investors and financial market analysts have reviewed down the forecasted growth for the Brazilian economy this year, from 2.53% to 2.3%.
The Argentine Impsa has confirmed investment of R$ 87.5 million to produce, in the state of Rio Grande do Sul, equipment turned to conversion of wind energy into electric energy.
According to the IMF, the performance was driven by oil production, which increased by 15%. Non-oil sectors grew by 4.5%. Government spending was a highlight.
Director of the International Monetary Fund’s Department of External Relations claims that the institution ‘is ready’ to help the Arab country during the government transition period.
IBC-Br variation, a kind of forecast for the growth of the Brazilian GDP, took place from March to April. This year, the index has grown one month and shrunk the next.
Biotechnos manufactures biodiesel production plants and is negotiating sales to the African continent. Fuel can be made using residual cooking oil.
The state-owned bank disbursed an amount equivalent to US$ 16.5 billion in the first four months of 2012. Infrastructure projects received the bulk of funds.
The government of Brazil has changed regulation on the 6% Tax on Financial Operations levied on loans made abroad for contracts of up to two years. Those for greater term have had the tax repealed.
Sales from Brazil to the region totalled US$ 1.27 billion in May, 9% more than in the same month in 2011. In the accumulated result for the year, the growth was 4%.
Average growth of world’s leading economies was 0.8% in quarter one, as against 0.7% in the last three months of 2011. According to the OECD, the figure ‘masks up’ the countries’ uneven performances.
