The price of soy has been generating incentives for cultivation and production of grain in Brazil may exceed 182 million tonnes in the 2012/2013 cycle.
Author: Agência Brasil
Financial market professionals have maintained their growth estimate for the Brazilian economy at 1.57% for the third week in a row. The estimate had been lowered in previous forecasts.
The government has devised a program to stimulate provide investment in innovation via fiscal stimulus. The goal is to make more modern, safer, more environment-friendly cars.
The growth was in September, as against August. In the accumulated result for the year, the expansion was 8.93%, according to the Central Bank of Brazil.
The UN agency dropped its projections for growth for this year from 3.7% to 3.2%. For 2013, growth of 4% is expected.
In the second half of October a program will be introduced for the private sector to invest in in building new ports and improving existing ones.
The Brazilian government issued a normative ruling in the Official Gazette this Friday (28th) setting forth the administrative process required for non-Brazilians to purchase lands in the country.
The figure recorded in August was significantly down from the R$ 4.5 billion surplus in August 2011, according to the Brazilian Central Bank.
Survey conducted by the National Federation of Industry forecasts industrial growth at 1.6% in 2012. High consumption levels due to year-end shopping are expected to help.
Enterprise reform and construction financing program for the 2014 FIFA World Cup has been expanded from R$ 1 billion to R$ 2 billion.
Non-financial sectors grew more than the economy as a whole and contributed to the country’s recovery in the 2008 crisis.
The Brazilian Central Bank has raised its estimate of foreign direct investment inflow to Brazil from US$ 50 billion to US$ 60 billion. In August alone, the volume exceeded US$ 5 billion.
President Dilma Rousseff addressed the General Assembly of the United Nations in New York on Tuesday (25). She called for a diplomatic solution to the crisis in Syria.
After seven weeks of reductions in the estimate for growth of the Brazilian GDP, the financial market has maintained projections.
