ECLAC forecasts a decline of 5% in the flow of foreign direct investments in 2017, after a drop of 7.9% in 2016. However, Brazil attracted more resources last year and in 2017’s first half.
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A survey of financial institutions conducted by the Brazilian Ministry of Finance shows a primary Central Government deficit of USD 49.3 billion, up from a prior projection of USD 46.2 billion.
The July forecast from the Brazilian Institute of Geography and Statistics for the 2017 crop in Brazil is 0.7% higher than the one from June. The crop is seen reaching 242.1 million tons this year, up 31% from 2016.
Senators convened this Wednesday to establish the entity, presided over by senator Cristovam Buarque. The goal is to build ties between the countries’ legislative powers.
The magazine specialized in architecture and design did a feature on the organization’s new headquarters in São Paulo, which was designed by architect Ruy Ohtake.
Brazil’s dollar outflow surpasses inflow in USD 2.6 billion last month, according to the Brazilian Central Bank (BC).
Sales from Brazil to the region soared to USD 122 million year-on-year from January to July as shipped volume increased by 1.2%. Lebanon is the top Arab buyer of goods from Brazil.
The Extended National Consumer Price Index (IPCA) went back up again after a deflation in June and now stands at 1.43% year-to-date and at 2.71% year-over-year, the lowest since February 1999.
During the current crop, USD 218 million worth of the fruit were shipped abroad from the Arab country, up nearly 20% from the prior season.
A survey shows that production by industry in Brazil increased in June from May in most of the 14 areas surveyed by the Brazilian Institute of Geography and Statistics (IBGE).
The number of transactions taking place in the emirate exceeded 95,000 since January 2016.
The Brazilian company exports wood panels to the region. Total external sales account for 17% of the company’s revenues in Q2.
August’s first week had USD 3.027 billion in exports and USD 2.677 billion in imports, according to the Ministry of Industry, Foreign Trade and Services (MDIC).
Exports revenues totaled USD 608 million from January to July, according to the sector’s association, Abicalçados. Volume went up 1.3% to 67.4 million pairs of shoes.
