The 1.2% advance recorded in the second quarter of 2022 compared to the first quarter of 2022 made the country’s Gross Domestic Product (GDP) 3% above the level of the fourth quarter of 2019, in the pre-Covid-19 pandemic period. , according to National Accounts data compiled by the Brazilian Institute of Geography and Statistics (IBGE). […]
2022 GDP will have an upward revision after the 2nd quarter, says Guedes adviser
The positive result of 1.2% of GDP in the second quarter of 2022 will make the Ministry of Economy revise its projection for the indicator this year, said the special advisor for economic studies, Rodrigo Boueri, this Thursday (1st). In a press conference, Guedes’ adviser said that if Brazil stops growing and does not register […]
Progress in productive investments has helped Brazilian GDP, says economist
In addition to the strong contribution of the service sector to the post-pandemic economic recovery, the productive investments in Brazil were an important part of Brazilian economic performance in the first half of 2022, according to José Márcio Camargo, chief economist at Genial Investimento. “More important than the resumption of services, in our opinion, is […]
Bank of America raises estimate for Brazil’s GDP growth in 2022 to 3.25%
Bank of America raised its forecast for the growth of Brazilian economic activity in 2022 to 3.25% this Thursday (1st), against a previous estimate of 2.5% – a rate that was already much more optimistic than most of the forecasts. market. The strong upward revision came after the IBGE reported earlier that Brazil’s Gross Domestic […]
Lufthansa cancels 800 flights in Germany after pilots union announces strike
German airline Lufthansa will have to cancel 800 flights on Friday (2) at airports in Munich and Frankfurt due to a strike organized by the German pilots’ union, the company said on its website. Employees are demanding a 5.5% salary increase through the end of the year and more compensation “above inflation” in 2023, Lufthansa […]
Spanish government cuts gas tax from 21% to 5% due to energy crisis
The President of the Government of Spain, Pedro Sánchez, announced this Thursday (1st) that the country will reduce the value-added tax (VAT) on gas in the country from 21% to 5%, targeting the energy crisis. that plagues Europe. In an interview with SER chainthe leader stated that the measure will be taken in line with […]
GDP shows good performance in services, employment and investments, says Economy
The growth of Gross Domestic Product (GDP) in the second quarter reflects positive data in services, employment rates and investments, said this Thursday (1st) the Ministry of Economy. An informative note produced by the ministry states that, considering only the statistical loading of the first half of this year, the growth in 2022 would be […]
The Stock Exchange failed to prevent the new plunge
Today, the Athens Stock Exchange returned to the strongly downward trajectory, which, although it tried, failed to keep the zone of 850 points, confirming that the folding to lower levels will continue and the international climate is not helping. In particular, the General Index closed with a fall of 1.54% at 843.17 points, while today […]
US stocks close without a single signal, with recovery in the final stretch of the trading session
New York stock markets had a negative picture in the early hours of this Thursday (1st), with a higher-than-expected data from the US industry reinforcing bets on interest rate hikes by the Federal Reserve (Fed, the US central bank) . Towards the end of the trading session, however, there were highs and the indices reached […]
Casa Verde e Amarela Program extends financing term to 35 years
Caixa Econômica Federal extended to 35 years the real estate financing term of the Casa Verde e Amarela program. Previously, the maximum term was 30 years. With the new term, Caixa estimates that the installments may have a reduction of up to 7.5%. In addition to the expansion, CEF expanded the program’s income range for […]