The Brazilian balance of trade recorded a surplus of US$ 809 million in the first two weeks of the month.
Author: Agência Brasil
This information was disclosed by Environment minister Isabella Teixeira during meeting ‘Dialogue about Biodiversity’, whose objective is to put in practice the COP-10 measures.
After criticizing the French government’s idea of controlling agricultural items’ prices, Brazilian Agriculture minister Wagner Rossi backed down and said the European country is against the measure.
According to the National Treasury secretary, Arno Augustin, Brazil should issue bonds abroad whenever foreign market conditions are beneficial.
The national grain crop in 2011 may exceed the record 2010 crop by 4%, reaching 155.6 million tonnes, according to the IBGE. The South should lead in production.
On the 13th this month, the organization is going to grant prizes to young artists whose work contributes to develop peace between the two regions. As of now, 20 artists have been selected.
The OECD disclosed on Tuesday a report showing that there is a tendency for average growth of 3% in the economies of the countries of the G7 in the first half of this year.
The upgrade of Brazil by Fitch Ratings may increase the inflow of foreign currency into the country. To the minister of Finance, Guido Mantega, it is an acknowledgement of the economy’s solidity.
Finance market projections for the Brazilian trade balance have improved for the fourth week running, according to a Central Bank bulletin.
Brazilian industrial output increased by 1.9% in February compared with January, according to Geography and Statistics Institute figures.
The sum comprises public and private funds to be invested in the state over the next two years, according to a survey conducted by the Federation of Industries of the State of Rio de Janeiro.
The funds saved to cover interest on public debt were lower than in January. With this, the Public Power had a nominal deficit of 11 billion Brazilian reals last month.
The Brazilian Central Bank has reduced its Brazilian economic growth estimate for this year from 4.5% to 4%.
The former Brazilian vice president had been battling cancer for over 10 years. A businessman, he owned Coteminas, one of the country’s largest textile groups, now managed by his, Josué.
