Foreign direct investment in Brazil reached US$ 5.5 billion in October, higher than the Central Bank’s projection.
Author: Agência Brasil
The Brazilian minister of Mines and Energy stated that president Dilma Rousseff will decide next year whether the current contracts will be renewed or new auctions will be held.
The figure was recorded in the third week of the current month. Exports reached US$ 3.82 billion and imports reached $ 3.54 billion.
A survey conducted by the General Records Office for Employment and Unemployment (Caged) indicates that 126,143 formal jobs were created in the country in October.
The risk rating agency upgraded the grade for the Brazilian long-term sovereign debt from BBB- to BBB.
Foreign sales by Brazilian cooperatives exceeded US$ 5 billion from January to October – the highest figure ever recorded during the period in Foreign Trade Ministry surveys.
At a meeting in Morocco, representatives of Arab countries took the decision due to accounts of government violence against the opposition.
Uncertainty in the global scenario caused the Economic Climate Index to drop from 5.6 points to 4.4 points in Latin America from July to October.
Brazilian navy frigate União docked into Beirut Port. It should be part of the Unifil fleet, the UN peace force in the Arab country.
Enterprises will be able to shop for funds on the market for initiatives deemed as having priority status by the government. Debenture buyers will pay less income tax. Foreigners will be exempt.
Company’s net profit reached US$ 3.6 billion, lower than in the second quarter this year and in the third quarter of 2010. Still, a company executive said the cash flow has remained stable.
A survey conducted by the Central Bank of Brazil among analysts has lowered the Brazil economy growth forecast for the sixth consecutive week.
Exports exceeded imports by US$ 1.57 billion last week, as against a US$ 543 million deficit recorded in the preceding week.
Brazil is in the 31st place in a ranking that evaluates brand strength of each country abroad. The study includes 113 nations.
