Collection of taxes and contributions reached BRL 617 billion in the first half of this year and BRL 98 billion in June, the worst result for the month since 2010.

Animated films will be an addition in the 11th Arab World Film Festival, set to run until August 28 in São Paulo. The event will feature 30 motion pictures and discussions with Arab and Brazilian filmmakers.

The credit rating agency believes that stability in the price of commodities will improve the state of emerging economies such as Brazil and Russia. Forecast on the fall of the Brazilian economy went from 3.8% to 3.3%.