Brazil's central government posts $14.6 billion primary budget surplus in January
BRASILIA, Feb 27 (Reuters) - Brazil's central government posted a primary budget surplus of 84.882 billion reais ($14.6 billion) in January, Treasury data showed on Thursday, for which economists polled by Reuters were forecasting a 88.450 billion reais surplus for the month.
($1 = 5.8268 reais)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
an hour ago
- Reuters
Brazil's poultry exports fell in May, hit by bird flu case
BRASILIA, June 5 (Reuters) - Brazil's poultry exports fell in both value and volume in May from a year earlier, government data showed on Thursday, as trade restrictions following a bird flu case weighed on the sector. Herlon Brandao, director of Statistics and Foreign Trade Studies at the Ministry of Development, Industry, Trade and Services, said at a press conference that poultry exports had been on the rise before the outbreak, the first on a commercial farm in Brazil. In May, poultry exports fell 12.9% to $655 million, while volumes declined 14.4% to about 363,100 metric tons.
Reuters
an hour ago
- Reuters
Israeli military says it will strike Beirut's southern suburbs
CAIRO, June 5 (Reuters) - The Israeli military on Thursday told residents of four neighborhoods in Beirut's southern suburbs to evacuate ahead of strikes on what it said were underground Hezbollah drone-manufacturing sites, and thousands fled. The evacuation warning, published on X, was the first such warning in over a month for the suburbs, which were hit hard in the year-long war that ended in a ceasefire in November. Residents rushed to leave the area, causing traffic gridlock. "Despite the understandings between Israel and Lebanon, the IDF has identified that the Hezbollah aerial unit is operating to produce thousands of UAVs, with the direction and funding of Iranian terrorists," the army added in a statement, using acronyms for the Israel Defense Forces and drones. There was no immediate comment from Hezbollah. A U.S.-brokered truce in November halted the fighting between the Iran-backed Hezbollah and Israel. Each side accuses the other of not entirely living up to its terms, and the ceasefire has looked shaky in recent months.
Reuters
an hour ago
- Reuters
Drillers, unions urge US senators to preserve hydrogen credit
WASHINGTON, June 5 (Reuters) - A coalition of nearly 250 companies and business and labor groups on Thursday urged top U.S. Republican senators to preserve a credit for the emerging hydrogen fuel industry as they hash out President Donald Trump's tax and spending bill. Oil and gas lobbying group the American Petroleum Institute, a local unit of the International Brotherhood of Electrical Workers, and DuPont (DD.N), opens new tab urged Senate Majority Leader John Thune and Senator Mike Crapo to extend the construction deadline to December 31, 2029 for hydrogen projects to receive a tax break. The Senate is debating its version of the bill after the House of Representatives terminated the so-called 45V credit for any project which begins construction after the last day of 2025. "If this course of action is adopted by the Senate, it will drive tens of billions of dollars in planned private sector investments out of the United States and into other countries," the groups said in a letter to the senators, dated June 5. "Failing to act now by preserving 45V means ceding the future of hydrogen to China." The Business Council for Sustainable Energy and the Nuclear Hydrogen Initiative also signed the letter. House Republicans slashed the credits which had been included the Inflation Reduction Act, the landmark climate legislation signed by former President Joe Biden, a Democrat. Under the IRA, hydrogen producers got tax credits for projects that began construction before 2033. Industry analysts say clean hydrogen, opens new tab, or hydrogen produced from non-fossil energy sources, or natural gas paired with technology to capture carbon emissions and store them underground, is needed to decarbonize heavy industry and some vehicles. The letter said clarity from lawmakers would spur tens of billions of dollars in private capital, boost domestic manufacturing, and create long-term employment in construction, operations, and technology.
