The estimate for the Brazilian economy in 2012 has been revised downwards by the market for the fourth week running. A rate of 1.03% is expected.
Author: Agência Brasil
During the bloc’s business forum, the under-tapped potential of renewable energy in the region was one of the topics discussed.
The trade of new vehicles dropped in November as against October and reached 311,700 units, according to the Anfavea.
The federal government announces that it will invest in the port sector. The objective is to grant greater competitiveness to the economy.
The company has found a light oil well at ultra-deep waters in the Sergipe-Alagoas Basin, on the northeastern coast of Brazil.
Frigate Constituição will replace Liberal in the naval force that the UN maintains in the Middle East.
After three months dropping, Brazilian industrial activity grew 0.9% in October as against September. With regard to the same month in 2011, there was 2.3% reduction, shows the IBGE research.
Brazil’s National Confederation of Industries believes that the country’s Gross Domestic Product (GDP) should grow under 1% in 2012, but 4% next year.
Finance minister Guido Mantega said he is satisfied with the GDP’s growth in quarter three, but new measures will be announced next week.
The new Brazilian national team coach Luiz Felipe Scolari was introduced this Thursday. The 2014 FIFA World Cup will be played in Brazil.
An IBGE research shows that revenues of richer families dropped from 64% to 57.7% of GDP and those of the poorest climbed from 2.6% to 3.5%. The figures refer to the period from 2001 to 2011.
The rate recorded from August 2011 to July 2012 was 4,600 square kilometres, the lowest level since the government of Brazil started monitoring the area.
For the second consecutive week, financial analysts have lowered their 2012 Brazilian economic growth estimate. The rate has dropped from 1.52% to 1.50%. The 2013 forecast dropped from 3.96% to 3.94%.
Guido Mantega estimates that the Brazilian economy should grow at the above rate in spite of the unfavourable international scenario.
