News
Brazilian exchange flow had a deficit of USD 1,378 Bi last week
25/07/2013 21:04
Brazilian exchange flow had a deficit of USD 1,378 Bi last week
The number results of both commercial and financial escapes of capital.
Until July 19th the cash flow was –USD 2.484 Bi.
Brazilians had imported USD 11.620 Bi wile exported USD10.727 Bi on July, until now.
On the other hand the annual...
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Brazilian Market, stocks and china.
24/07/2013 22:52
The Latin American Economic Comission “CEPAL” brought less optimistic predictions to the Brazilian GNP this wednesdat.
“NO More than 3%” and probably 2,5 as predicted by IMF.
Today the stock market went down just as the Brazilian Currency got devalued.
China lower indexes just confirmed and...
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Brazilian Governement cuts of 10bi on expenses to mantain the primary surplus above 2,3% of GNP.
22/07/2013 22:40
Brazilian federal governmend made today a reduction of BRL 10.bi over this year budget, The intention is to keep the primary surplus over 2.3 % of GNP.
Guido Mantega informed that the main objective is to improve the government expenses reinforcing the fiscal policy with more transparent measures...
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After lower collect, Brazilian Government decides to reduce Public Surplus.
21/07/2013 23:00
With a collect lever BRL 5.Bi lower than contingency levels, Brazilian Government re evaluate the Public Surplus of 2.3% of GNP.
The new Public surplus is expected on a level of 1.8% of GNP.
Also the public expenses at the first quarter, is 6,6% higher than the 1st quarter of 2012.
With...
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EU and Brazil shall negotiate bilateral trade agreements directly without participation of Mercosul.
09/07/2013 17:56
Karel de Gucht, commissary of commerce of EU, affirmed this morning that the EU is negotiating bilateral agreements apart of the rest of Mercosul. From a Brazilian point of view it improve the capability of Brazilian authorities to identify more specific problems at their economy and...
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Municipal police of Campinas-SP will use air soft technology to mark vandals.
27/06/2013 23:19
The Campinas Municipal Guard Will use the less lethal riot gun FN303 to Mark vandals during the protests with Pink ink.
The Government concern is to avoid harm civilian while arrest the minority of vandals. The commercial chamber of Campinas estimate losses of BRL 10.000.000,00 since the first...
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New Strike of Santos Truckers will stop the traffic again tomorrow.
27/06/2013 20:06
A new strike of Truckers is schedule for tomorrow, June 28th 2013.
The dollar is going back to the normal after reaching a level of USD 1 = BRL 2,28. today, the market closed with a rate of BRL 2,21=USD 1,00.
Regarding the protests, the protesters know their strength and...
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Credit Suisse had confirmed the previous post regarding Exchange rates.
11/06/2013 22:22
The analysts of Credit Suisse had adjusted the expectation for the Brazilian currency (Real) from USD 0,5 to USD 0,47. They also expect that the currency reaches the level of 0,45 until December 2014. So that is kind of confirmed, the Real will keep losing space and competitiveness.
As said...
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New law will obligate retail shoppers to show the taxes over their products on the bills and tickets.
11/06/2013 00:09
The tickets on supermarket will show the taxes percentage over the product sold. It will consider 7 taxes: ICMS, ISS, IPI, IOF, Pis-Pasep, COFINS and CIDE. For liquid soap as an example, it reaches 26% jeans pants 30%. It is a great change for a country with one of highest taxes 69,3% over...
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Small statement regarding Brazilian economy.
09/06/2013 23:57
Brazilian exportations through trading companies on the first 4 months of 2013 were USD 7.382, the importations 1.371. That represents an increment of 0.4 percent on export and reduction of 2,5% on import products. The Statement had an increment of 5.570.
The main destiny is still China and...