In 2010, oil production by the Brazilian state-owned company will be 2% to 3% lower than expected, according to the enterprise. The previous estimate was of 2.1 million barrels per day.
Author: Agência Brasil
World Economic Outlook Perspectives report, disclosed today, indicates that the Brazilian GDP will grow 7.5% in 2010, a rate 0.4% higher than in the previous projection, made in June.
Brazil processes only 30% of the products it exports. Heavier investment in agricultural sector research could change the picture, scientists say.
Brazil is the only country in the Americas and the Caribbean that invests over 1% of its GDP in scientific and technological production. It ranks 13th worldwide in publication of scientific papers.
The Sustained Investment Program will set aside US$ 293 million for small and medium enterprises that export capital and consumer goods.
Cattle slaughter in Brazil grew 7.2% in the second quarter of the year as against the previous period, according to IBGE figures. Some 7.587 million heads of cattle were butchered in the period.
The industry’s revenues reached US$ 27.3 billion in the first eight months of the year, as against US$ 24.2 billion in the same period of 2009.
The surplus in the Brazilian inflow and outflow of dollars was greatly influenced by the Petrobras capital increase, which generated great interest among foreign investors.
The Brazilian and Iranian team should play a friendly game on October 7th in Abu Dhabi, the capital of the Arab country. The match was negotiated by presidents Lula and Ahmadinejad.
President Luiz Inácio Lula da Silva believes that regions such as Europe, Japan and the US will use ethanol from sugarcane. The North Americans tax the product to protect their maize production.
A survey disclosed today by the National Confederation of Industries shows that the level of activity in the industry reached 56 points last month, on a scale of zero to 100.
The holding company that controls the São Paulo Stock Exchange has reached a value of US$ 17.6 billion, second only to the Hong Kong Stock Exchange.
National Confederation of Industries survey shows that out of 26 segments surveyed, only rubber declined in August. In all, 1,603 companies were interviewed. Businessmen optimism continues to grow.
Celso Amorim should address the matter with foreign ministers from Japan, India and Germany. At the opening of the UN General Assembly he called for greater presence of developing countries.
