Consumption during international travels reached US$ 1.6 billion in June. It is the lowest result for the month since 2010.
Browsing: Economy
The Brazilian Central Bank president Alexandre Tombini has stated that economic growth will go on a new direction in the coming quarters, at an annualized growth rate of 4%.
Brazilian export revenues amounted to US$ 4.94 billion, at a daily average of US$ 988 million, up 6.4% from the first two weeks of July.
The debt grew 2.53% due to the US$ 4.9 billion issue that the Brazilian Development Bank made. Total debt is US$ 937 billion.
Egypt and United Arab Emirates will be part of the routes at the 40th Tourism Fair of the Americas, due from October 24th to 26th in Rio de Janeiro.
Incoming flights from foreign countries to Brazil stood at 4.62 million in the first half of this year, as against 4.35 million during the same period of 2011.
The evaluation of the International Monetary Fund (IMF) disclosed on Friday shows that the economy of Brazil should grow 4% in the last quarter of 2012, mainly due to domestic trade.
The Gulf country started the construction of its first nuclear plant this week. Barakah Unit 1 should start operating in 2017 and generate 1,400 megawatts.
The National Library Foundation created the International Book Centre, an area to release new bids, with disbursement for promotion of works abroad and for foreign translators to live in Brazil.
The government-owned oil company tops the Forbes magazine’s ranking. Its output is 12.5 million barrels per day. Brazil’s Petrobras ranks 14th.
The institution increased disbursements by 1% from January to May. Inquiries about loans grew 27% in the period, showing growth in investment in coming months.
Four executives from KSWC, the water company of the Sudanese capital, will be in Brazil’s Federal District until Friday to proceed with cooperation works with the local sanitation company.
The outflow of dollars exceeded the inflow by US$ 212 million this month up to Friday, according to the Central Bank.
This year, the holy period for Islam begins on July 20 and ends on August 18. Mosques throughout the country become crowded at prayer times and the faithful meet to break their fast late in the day.
