The Brazilian president stated that the country is capable of protecting itself of international economic turbulence, which mostly affects Europe and the United States.
Author: Agência Brasil
National Conference of Industries shows that businessmen in the sector are less confident. The research shows a 1.5 point reduction in August as against July.
The director general of the UN, Jacques Diouf, said that immediate activity is necessary by the international community to avoid the worsening of the crisis in the northeast of the continent.
The sector should end the year with a small rate of growth, lower than the average of the last few years, which was 2%, according to projections of the Brazilian Packaging Association.
The Brazilian oil company should end 2011 with a trade deficit due to rising domestic consumption of oil derivatives, especially gasoline.
According to an Applied Economic Research Institute specialist, greater confidence in economy and the inflow of speculative capital explain the rise in foreign investment in Brazil since late 2010.
Pre-salt layer oil exploration should foster the growth of various sectors of the industry and generate 2 million jobs by 2020 in Brazil, according to a study of the Petroleum Industry Organization.
The purpose of Conaero, launched this Tuesday by the Brazilian government, is to establish and monitor performance targets at Brazilian airport terminals.
The organization wants to raise funds among Brazilians to provide humanitarian aid to 1.1 million people in a ‘dire situation.’
The Brazilian balance of trade recorded a US$ 366 million surplus in the second week of August. Exports reached US$ 5.3 billion and imports reached US$ 5 billion.
Brazil shipped the equivalent of US$ 86 billion in agricultural products to foreign countries in the past 12 months, a 24% increase compared with the previous period. China is the main target market.
The amount of foreign currency in store reached an all-time high this week, according to the Central Bank.
The Economic Research Institute shows that depreciation of currencies like the US and Chinese cancel tariffs negotiated at the WTO and favour exports of these nations, harming others’, like Brazil’s.
The rate of employment in the Brazilian industrial segment declined in June when compared with May, after three months of stability.
