The Brazilian foreign minister once again discussed American criticism towards Brazil’s trade policy and spoke in favour of dispute settlement mechanisms and the resumption of bilateral negotiations.
Author: Agência Brasil
The volume processed in Midsouth Brazil reached 381 million tonnes in late September. As a result, sugar and ethanol outputs have also dropped.
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.
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.
