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Invest in Brazil News

  • Brazil Treasury publishes first report of quarterly fiscal statistics of the General Government

    The National Treasury Secretariat (STN) published today (30) the first Brazilian General Government Fiscal Statistics Quarterly Bulletin (Central Government, states and municipalities), with results of the 1st quarter of 2016. The work, partnership between the fruit STN , the Brazilian Institute of Geography and statistics (IBGE) and the Institute of Applied Economic Research (IPEA), aims to increase transparency through improvement of fiscal statistics in Brazil.

  • MN sets single credit limit for producers Pronamp

    The National Monetary Council adopted at a regular meeting on Thursday (30/6), the following vote of the agricultural area. 

    1. Set the general standards of rural credit 

    The National Monetary Council (CMN) established single credit limit of R $ 1.5 million to the producers linked to the National Program of Support to the Middle Rural Producer (Pronamp) and R $ 3 million for other producers, by crop year for agricultural and cattle breeding funding operations contracted with controlled resources. 

  • CMN fixed at 4.5% the target for the IPCA in 2018

    The National Monetary Council (CMN) decided at a meeting on Thursday (30/06), fixed at 4.5% the inflation target in 2018. The interval is 1.5 percentage points up or down . 

  • Marcos Pereira: participation of entrepreneurs is essential in economic recovery

    The Minister of Industry, Trade and Services, Marcos Pereira, participated on Thursday, the Presidential Palace, meeting with representatives of the Confederation of Commercial and Business Associations of Brazil (CACB). In his speech, the minister said that the participation of Brazilian companies in the recovery of the economy is essential.

  • Godinho: Facilitating trade is a state policy in Brazil

    The Brazilian foreign trade was the subject, on Tuesday, in an event in Washington (DC), with the participation of experts and representatives of the private sector. The Secretary of Foreign Trade of the Ministry, Daniel Godinho, opened the debate by stating that despite recent challenges of the Brazilian economy, foreign trade has been a source of good news.

  • Brazil Ministry of Culture ensures payment of premiums and museum operation

    With the transfer of $ 236 million by the federal government to the Ministry of Culture (Ministry of Culture), the folder paid old commitments to the National Arts Foundation (Funarte). Artists, groups and companies that were awarded in Funarte the contests will receive the amounts due.

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  • Brazil Government creates core fighting corruption and violent crime

    The Ministry of Justice created, by decree published in the  Official Gazette of  the Union  on Monday (27), the Permanent Center for Combating Corruption and Crime Violent. The goal is to articulate actions to combat corruption and crime.

  • Brazil Trade balance recorded a surplus of R $ 1.1 billion in the fourth week of June

    On Monday (27), the Ministry of Industry and Foreign Trade announced that, in the fourth week of June, the country's trade balance  registered asurplus of US $ 1.1 billion, resulting from the difference between exports, which totaled US $ 4.009 billion, and imports were worth US $ 2.909 billion.

    In the month to date, exports totaled US $ 13.867 billion and imports, US $ 10.418 billion, with a surplus of US $ 3.448 billion. 

  • Vietnam Development “Impressive” Says IMF

    Vietnam is one of the world’s fasting growing economies, not least due to decisive reforms the communist government have laid out in recent years. President Barack Obama will witness this first hand when he visits the S.E. Asian state in late May.

  • Millennium Challenge Corporation Announces Nearly $100 Million Investment in a New Model for Secondary Education

    Announcement made during First Lady Michelle Obama’s Let Girls Learn Visit to Morocco

     

    WASHINGTON, D.C., June 28, 2016 – The U.S. Government’s Millennium Challenge Corporation (MCC) today announced a nearly $100 million commitment toward a new model of secondary education in Morocco. This investment is included as part of MCC’s Employability and Land Compact grant agreement signed in 2015, and the announcement comes during First Lady Michelle Obama’s visit to Morocco as part of the Let Girls Learn initiative.

     

  • FLIR Systems Acquires Armasight, Inc. for $41 Million

    WILSONVILLE, OR -- ( d) -- 06/28/16 -- FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has acquired Armasight, Inc., a leading developer of precision sporting, hunting, and military optics products, for approximately $41 million in cash.

  • Foreign tourists spend more in Brazil in 2016

    Tourists from other countries have spent more money in Brazil. According to information released by the Central Bank, on Friday (24), spending by foreign visitors rose 4.08% compared to May 2015. The costs of the relevant public in the country totaled US $ 434, against US $ 417 million last year.
    In the evaluation of the Brazilian Tourism Institute (Embratur), the figures resulting from the international promotion of the country to work together with the appreciation of the dollar, which made cheaper for foreigners traveling to Brazil.

  • Brazil and Argentina renew automotive agreement by 2020

    Brazil and Argentina renewed by 2020 the automotive agreement between the two countries, which would win on 30 June. In a statement issued by the Ministry of Industry, Trade and Services, on Saturday (25), the government informs that has kept the system flex, which provides that Brazil can sell tax-free, at most, $ 1.5 for every $ 1 imported from the neighboring country.

  • Cinepolis Uses Elemental Cloud from AWS for Fast-Growing OTT Service


    Elemental Technologies, the leader in software-defined video solutions, today announced that the Cinépolis KLIC transactional video on-demand (TVOD) service uses an integrated solution from Elemental and Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ:AMZN). Cinépolis KLIC employs the cloud platform to tap into Mexico’s over-the-top (OTT) TV and multiscreen market – which is the fastest growing in Latin America with five million VOD OTT subscribers forecasted by the end of 2015 by research firm Dataxis.

  • Brazil has to face external security instabilities, says Finance

    The Ministry of Finance said, Friday (24) that Brazil is prepared to cross safely periods of external instability.The evaluation was made after the decision by the UK to leave the European Union.
    In a statement , the Pasta estimates that Brazil's situation is of solidity and security because the fundamentals are robust. These fundamentals are mechanisms and protections that the country has to deal with possible external shocks.

  • Domestic investment needed for U.S. farmers to take full advantage

    U.S. soybean farmers now have access to faster and more efficient waterway transportation when delivering U.S. soy to international end users, but investment in U.S. inland-waterway infrastructure is required to optimize these efficiencies.
    The long-awaited Panama Canal expansion opened today, doubling the waterway’s capacity. The new, larger lane allows more freight to be loaded on each vessel, decreases transit time and lowers transportation costs overall as compared with the original canal.
    Transportation provides a competitive advantage

  • In a meeting with major retailers in Brazil, Marcos Pereira signals advances

    The Minister of Industry, Trade and Services, Marcos Pereira, was received on Friday, in São Paulo, for a lunch with representatives of the Institute for Retail Development (IDV). He received demands of the sector, one of the most employed in Brazil, and spoke of the attitudes that have taken this a little over a month ahead of the MDIC in favor of cutting red tape and improving the business environment in the country.

  • ECB reinstates waiver affecting the eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations

    •    ECB’s Governing Council reinstates waiver of minimum credit rating requirements for marketable instruments issued or guaranteed by the Hellenic Republic, subject to special haircuts
    •    Waiver will enter into force on the next MRO settlement date (29 June 2016)
    •    Governing Council acknowledges the commitment of the Greek government to implementing current ESM programme and expects continued compliance with its conditionality

  • AWS Direct Connect, supplied through the MedNautilus system, offers a cost effective, reliable, high bandwidth link to AWS Regions directly from Israel

    Sparkle and AWS (Amazon Web Services) extend their collaboration to Israel with respect to AWS Direct Connect.
    AWS Direct Connect offers cost effective, reliable and advanced connectivity solutions to several AWS regions around the world. In doing so, it provides a one-stop-shop solution for AWS resellers and enterprise customers such as financial institutions as well as public and academic institutions, which typically handle big data workloads and are sensitive to network performances such as round trip delay, data privacy, data security, and data transfer speed.

  • Marcos Pereira presents modernization of Brazil's patent and trademarks

    The Minister of Industry, Trade and Services, Marcos Pereira, presented today in Sao Paulo, the modernization of process analysis of patents and trademarks of the National Institute of Industrial Property (INPI) to 40 representatives of the private sector. 

  • Arkansas climbs eight spots in national child economic well-being rankings

    For the first time in six years, the number of Arkansas children living in poverty decreased, according to the 2016 Annie E. Casey Foundation KIDS COUNT® Data Book. Last year the state ranked 48th, with 202,000 children living in poverty; this year Arkansas saw a decline to 184,000 children in poverty, putting the state in 41st place and helping bump the overall economic well-being score to 36.

  • Crypto-Currency Could Change Cash Forever

    New York, NY, USA, June 21, 2016 -(PressReleasePoint)- "I'm pretty sure that the block-chain will change a lot of money related practice and trade," said Poulson on Tuesday from the Consensus 2016 event in Manhattan.
     
    With respect to the crypto-currency's future, Poulsen said the government "will in any case implement laws," but that the sureness of Bitcoin's downfall is "not the definite position to take."
     

  • New CARE study: Four in five Syrian refugees struggle below the poverty line, face increasing challenges

    Emergency Response

    Six years into exile: The challenges and coping strategies of non-camp Syrian refugees in Jordan and their host communitiesAid agency CARE International releases “Six years into exile: The challenges and coping strategies of non-camp Syrian refugees in Jordan and their host communities”

  • Triodos Bank, Dutch market leader in sustainable banking, chooses ABACUS/DaVinci to provide a sustainable solution for Regulatory-as-a-Service (RaaS), including a rapid and low-risk implementation for XBRL reporting.

    Triodos Bank, Dutch market leader in sustainable banking, chooses ABACUS/DaVinci to provide a sustainable solution for Regulatory-as-a-Service (RaaS), including a rapid and low-risk implementation for XBRL reporting.