Dollar inflow surpassed outflow by USD 744 million in May in Brazil. Year-to-date, the surplus is at USD 11.482 billion.
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The company will make an initial public offering (IPO) of its realty arm in the Dubai stock market. By the end of May, it had sold USD 2.64 billion worth of properties.
The UN agency estimates that the global flow will reach USD 1.8 trillion this year and USD 1.85 trillion in 2018, still short of the record-breaking USD 1.9 trillion of 2007.
The Brazilian federal government has announced the funding available for the 2017-2018 crop, with an added USD 1.5 billion from the past season.
Fernando Igreja will soon take office in Abu Dhabi. For him, his largest challenge will be to generate interest regarding investments in projects in Brazil.
The Brazilian government issued a statement calling for ‘moderation’ and a ‘peaceful solution’ to the region’s diplomatic crisis.
City hall issued a public call for the registration of projects presenting new management models for Pacaembu Sports Complex. Registration is also open to foreigners and it runs until July 3.
Nine units were acquired, including five in Argentina, three in Paraguay and one in Uruguay. Total investment was USD 300 million.
The National Motor Vehicle Manufacturers Association reported that May was the best month ever for exports, with 73,400 units shipped. The year-to-date result was another all-time high.
The growth took place in comparison to March, according to indicator by the Institute for Applied Economic Research (IPEA). A good performance by the machinery and equipment sector contributed to the result.
Operated by Enel Green Power of Italy, Complexo Lapa has the capacity to meet the needs of 166,000 Brazilian households all year round.
Foreign sales from Brazil reached 349,900 tons during the month, and dropped by 5.6% year-to-date, according to numbers from the Brazilian Animal Protein Association (ABPA).
To Roberto Rodrigues, former minister of Agriculture, the Arab nations could play a larger role in the food trade with Brazilians, acting as distributors of products to other regions.
Economic growth expectation went up as per the Focus Bulletin, a weekly poll of banks issued on Monday (5). Respondents also expect inflation to drop.
