The Brazilian trade balance showed a surplus of US$ 3.5 billion in May, according to the Ministry of Development.
Author: Agência Brasil
The airports of Guarulhos, Viracopos and Brasília will be assigned to the private initiative. Enterprises will be responsible for management and new construction work.
The index dropped by 2.1% when compared with March and 1.3% when compared with April of last year, according to a survey conducted by the Brazilian Institute of Geography and Statistics.
International emissions of greenhouse gas hit an all-time high last year, posing a threat to the global warming targets.
Brazilian Minister of Finance claims that emerging countries must adopt more prudent macroeconomic policies in order to limit the capital flows. He considers the 4.5% growth rate as good for Brazil.
The Brazilian minister of Agriculture announced that the figure will be allocated to the funding of the 2011-2012 crop. He added that he intends to discuss commodities prices at a G20 meeting.
The volume of sugarcane ground in the current crop has reached 56.6 million tonnes, 40% less than the figure recorded in the same period of last year.
The excessive appreciation of the Brazilian real against the dollar will not be solved in the short term and is out of the government’s reach, says minister Fernando Pimentel.
Alexandre Padilha is favourable to the reduction of tax on medical equipment and medication. He attended the opening of the Hospitalar sector fair in São Paulo.
The Brazilian industrial output declined in April compared with March, according to the National Confederation of Industries.
In the third week of May, the Brazilian trade surplus reached US$ 286 million. Export revenues hit US$ 5.2 billion.
Murilo Ferreira, who is replacing Roger Agnelli at the helm of the mining company, stated that it will sustain a friendly relationship with the government and shareholders will continue to profit.
A report from the Ministry of Planning has reduced the Brazilian economic growth projection for this year from 5% to 4.5%. The inflation estimate, however, has increased.
Increase in the benchmark interest rate and measures to curb credit have reduced economic growth across several regions of the country.
