São Paulo state industry activity increased in February compared with the same month of 2010, according to the Federation of Industries of the State of São Paulo.
Author: Agência Brasil
A group of 30 plants in Mid-South Brazil has started milling sugarcane of the 2011-2012 crop ahead of schedule, so as to add ethanol to the country’s inventories during the off-season.
The state should harvest 14.67 million tonnes of soy, an all-time high. The volume represents an increase of 730,000 tonnes over the volume forecasted last month.
The organisation ruled that some anti-dumping practices imposed by the United States on Brazilian orange juice violate the rules of international trade.
Brazilians’ international travel spending exceeded US$ 1.9 billion in first two months. It was the item that weighed down the most on the services account last month, according to the Central Bank.
Current account transactions between Brazil and foreign countries have posted a deficit of US$ 3.4 billion in February, according to the Central Bank.
According to a survey disclosed by the ILO this Tuesday (22nd), social dialogue and macroeconomic policies were key factors for Brazil to exit the world financial crisis.
The Brazilian trade balance posted a US$ 100 million deficit in the third week of March.
The president claimed that Brazil is going to invest US$ 6.5 billion in fertilizer manufacturing. The country imports most of what it consumes.
The increase was recorded over December. Compared with January 2010, there was growth of 4.58%, according to information supplied by the Central Bank.
The International Labour Organization highlighted the efforts made over the last few days by the new Egyptian authorities to ensure freedom in the labour market.
The Central Bank reduces estimates for economic growth. From the 4.5%, forecasted four weeks ago, growth expectations have dropped to 4.10%.
According to the president of French group Total, the oil production in the Arab country has dropped from 1.4 million barrels a day to less than 300,000 barrels.
In February, 274,153 new vehicles were sold, as against 220,957 in the same month of last year. Total production increased by 18.7% in February, at 310,657 vehicles manufactured.
