In the month’s first two business days, Brazilian exports totaled USD 1.49 billion, with imports reaching USD 1 billion. The resulting surplus was USD 489 million.
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The Brazilian government authorized the 4th tender for marginal wells, i.e. those where extraction is not profitable for operators, but could be for smaller companies. No date has been set yet.
Financial institutions polled by the Brazilian Central Bank forecast a decline of 3.20% of Brazil’s GDP this year, above last week’s estimate of 3.16%.
The Consulate General of the United Arab Emirates in the Brazilian city and the Dubai Exports agency are organizing a seminar and business meeting with 14 companies from the Arab country.
World conference on climate change is slated for November in Marrakech with a high-ranking pre-event meeting slated to September 8 and 9. Among the topics are energy transition, countries’ targets and the post-COP21 scenario.
In July, 3.255 million barrels of oil equivalent per day were produced in the country, with extraction levels going up for both commodities.
Speaking during a trip to China, Brazil’s Finance minister Henrique Meirelles said investments will be made in energy, transportation, roads, airports, etc.
Although shipped volume increased by 6% from January to August, 2016, revenue fell by 5%.
A survey conducted by the Brazilian Institute of Geography and Statistics (IBGE) shows the sector grew from March to July. In July alone, expansion was 0.1%.
The online magazine ‘Ipsis Libanis’ publishes articles focusing on the Arab nations signed by culture, history, literature and human sciences experts. It was launched this Thursday (1).
The president’s impeachment, Central Bank action and the United States interest rates have buoyed the American currency.
Production chain generated BRL 483.5 billion (USD 148.47 billion) last year, according to annual report by the Association of Brazilian Beef Exporters (Abiec).
The result came in August as exports increased and imports slowed. Year-to-date through August, the country had a USD 30.5 billion surplus in foreign trade transactions.
In Brazil, after going up in June, revenue numbers dropped in July. In the seven months through July, revenues are down 12% according to the National Federation of Industry (CNI).
