The president claimed that Brazil is going to invest US$ 6.5 billion in fertilizer manufacturing. The country imports most of what it consumes.
Author: Agência Brasil
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.
The Brazilian Foreign minister recognised that there are hardships in trade between Brazil and China due to the depreciation of the currency, which affects trade negotiations between both nations.
According to the Brazilian minister of Finance Guido Mantega, the 2010 GDP places Brazil among the world’s five top-growing countries, after China, India, Argentina and Turkey.
The Brazilian per capita Gross Domestic Product, which indicates the average wealth generated by each person, reached 19,016 reals (US$ 11,448) last year, according to a survey conducted by the IBGE.
The City Hall expects 20% of these visitors, 6,000 people, to be foreigners. The event should lead to a US$ 32 million increase in revenues.
The Gross Domestic Product (GDP), the sum of all goods and services produced in the country, posted growth of 7.5 % in 2010 compared with the previous year. It is the highest rate since 1986.
The Gross Domestic Product of Brazil grew 7.5% in 2010, as against the previous year. This is the greatest expansion of the economy since 1986.
The figure was recorded from February 1st to 25th. According to the Central Bank, spot market dollar purchases have raised the Brazilian foreign exchange reserves by US$ 7.166 billion.
The Brazilian industry started the year with a 0.2% increase in production over December 2010, according to a survey by the Brazilian Institute of Geography and Statistics.
