United States dollar outflows from Brazil exceeded inflows by US$ 1.4 billion in the month, mostly as a consequence of financial operations.
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Imports had been embargoed following the confirmation of an atypical case of mad cow disease in Brazil. The country will import frozen and canned beef.
Auto sales posted the worst February since 2008, according to the National Federation of Distribution of Motor Vehicles.
In January, Brazil produced 96.6 million cubic meters per day, a historical achievement. Oil extraction stood at 2.469 million daily barrels.
The deficit reached US$ 2.842 billion in February, pushing the year-to-date deficit to US$ 6.016 billion. Trucker protests prevented cargo from being loaded towards the end of the month.
The cost increased from 2002 to 2013, as per a survey from the Brazilian Ministry of Agriculture, conducted with a researcher from the University of Brasília.
Banking institutions polled by the Central Bank believe the benchmark interest rate will be 13% by the end of the year, i.e. 0.75 percentage point higher than the current rate.
RAK Ceramics, from Ras Al Khaimah, will take part in the trade show slated for March 3 to 6 in São Paulo. The company makes ceramic tiles, in addition to products like bathware and roof tiles.
A delegation of authorities from the Arab country will be in Brasilia next week to be introduced to the national experience in the sector. The nation is planning to develop its own school feeding program.
Idex was held this week in the capital of the United Arab Emirates and had the biggest turnover ever since. The event had Brazilian companies among the exhibitors.
Jordan and Israel signed agreement for the execution of project that includes the construction of desalination plant in Aqaba and a system of pipes to take water from one sea to the other.
Sales in the region increased by 4.5% in volume and 11% in revenues, to US$ 1.6 billion. Last year, the Brazilian food company posted a total net income of US$ 763.7 million.
The industry confidence index measured by Fundação Getulio Vargas reached 83 points in February. The January score had been 85.9.
Developed by the Brazilian Micro and Small Business Support Service (Sebrae) in Santa Catarina state, Programa Exporta SC prepares small and medium-sized businesses for the foreign market.
