The two companies have signed an agreement to establish an enterprise named Visona Tecnologia Espacial, which will build the first Brazilian geostationary satellite.
Author: Agência Brasil
Brazil’s foreign office released a document clarifying doubts and making recommendations to those who wish to try living outside the country. The aim is to spare Brazilians of unpleasant experiences.
A Central Bank survey shows that financial analysts have revised the growth expectancy down from 3.09% to 2.99% from one week to the next.
The inflow funds to the Brazilian productive sector stands at US$ 2.1 billion year-to-date as of May 22nd and should reach US$ 3 billion by the 31st. In April, the total was US$ 4.67 billion.
The balance of payments of Brazil registered a negative result of US$ 5.4 billion, the highest value ever recorded in the month.
The foreign currency outflow from the financial market reached US$ 5.2 billion from May 1st to 18th.
The first round of elections for president in Egypt will take place this Wednesday and Thursday. Voters will choose from among 12 candidates, including former Arab League secretary general Amr Mussa.
Brazil’s Gross Domestic Product is expected to be higher than the global average, but lower than the official forecast, according to Development minister Fernando Pimentel.
Analysts expect the Brazilian economy to grow by 3.09% in 2012. The estimate is lower than the previous one, which was 3.2%.
National agroecology policy will aim to increase to 300,000 the number of families involved in organic food production in Brazil by 2014.
That was the number of positions opened in the country in April, according to the Ministry of Labour. There was a 20% decline over the same period of 2011.
The good economic situation in Brazil causes immigrants to arrive in ever-growing numbers. According to the Ministry of Justice, as of last year there were 1.46 million legal aliens in the country.
The expectation index regarding social-economic performance in the country remains high, but there was a reduction from March to April, according to a study by the Ipea.
In Brazil, the volume of outgoing foreign currency outstripped that of incoming foreign currency by US$ 639 million. The result was mostly a consequence of financial operations.

