The currency reached its lowest value relative to the Brazilian real in the last 12 years last Tuesday, and the government authorized the charging of a 25% tariff on derivatives contracts.
Author: Agência Brasil
Over the next 12 months, Rio is going to test the addition of 30% of sugarcane diesel to traditional diesel. The product was developed by company Amyris Brasil.
Ministry of Labour and Employment figures show that in the first half this year, 26,500 foreigners obtained work permits in Brazil, a figure 19.4% higher than in 2010.
Brazilian expenses abroad with credit cards totalled US$ 1 billion in June as against US$ 813 million in the same period in 2010.
The Conjuncture Bulletin of the National Confederation of Industries (CNI, in the Portuguese acronym) estimates the GDP growth at 3.8% and the industrial production growth at 3.2%.
The Brazilian oil company disclosed a budget of US$ 54.4 billion, as against a previous forecast of US$ 59.8 billion. By 2015, the enterprise plans on investing US$ 250 billion.
The surplus was recorded in the fourth week of July. Exports reached US$ 5.2 billion and imports, US$ 4.8 billion.
Brazilian industries overstocked at a rate of 52.3 points in June. The installed capacity also remained lower than in the same period of 2010.
There was a 6% decline in the total of financing granted by the bank in the first five months of the year, compared with the same period of 2010.
This represents Brazil’s total inflow and outflow of foreign currency up to the 15th. In the year, the value is at almost US$ 50 billion.
The Brazilian balance of trade recorded a US$ 880 million surplus in the third week of July. Year-to-date, the surplus is US$ 15.7 billion.
Decision involves four Spanish steel and cement enterprises and a German one. The purchases in Spain were announced by the Brazilian steelmaker in 2010.
Result in the first half of 2011 was 48% higher than that of the same period in 2010.
Brazilian sector exports grew by 23% in the first half. The highlights were soy, meats, sugar and ethanol, forestry products and coffee.
