In 2010, 3.33 million passenger and light cargo vehicles were sold in Brazil. This year, the National Federation of Motor Vehicle Distributors is expecting automobile sales to increase by 4.2%.
Author: Agência Brasil
The conclusion is from a survey conducted by international consultancy firm Grant Thornton among executives from companies in 39 countries. Brazil ranks second in its region and fifth in the world.
Brazilian foreign currency reserves reached US$ 288.575 billion on December 31st, 2010. There was growth of US$ 49.521 billion as against the reserves at the end of 2009.
The figure reached a record last year. Brazil posted a US$ 20.1 billion trade surplus and had a 1.3% share of exports worldwide.
Analysts have maintained their economic growth projection for this year. According to the Central Bank, the expected growth in industrial output has gone from 5.31% to 5.30%.
In her first address as the president of Brazil, Dilma Rousseff called on all to join for the growth of the country. She was greeted by approximately 30 international authorities.
Brazil assumed leading position in the discussion and implementation of green fuels such as biodiesel and ethanol. This was one of the results, in agriculture, of Lula’s eight years of administration.
The company should reach an all-time high in oil production this month. Estimates point to 2.1 million barrels per day. The previous record had been set in April, at 2.033 million.
Petrobras forwarded to the National Petroleum Agency a declaration of commerciality for the Tupi and Iracema fields, the former of which contains 6.5 billion barrels and the latter, 1.8 billion.
The primary surplus of the Brazilian public sector reached US$ 2.4 billion in November and US$ 53.6 billion since January. The figure is equivalent to 2.74% of the Gross Domestic Product.
During the two terms in office of the Brazilian president, whose administration ends on January 1st, foreign sales rose by 330%, whereas purchases increased by 390%.
The central government’s savings for paying interest on the public debt reached US$ 650 million, as against US$ 4.6 billion in October.
According to a survey by the Getúlio Vargas Foundation, confidence in the Brazilian industry reached its best score in the second half, at 114.5 points.
Approximately 20,000 people should attend the swearing-in of president-elect Dilma Rousseff next Saturday in Brasília, the Brazilian capital. Among them will be 12 heads of state.
