The Brazilian oil company has become the enterprise with the second highest market value in the world after promoting a fundraising operation. It is now worth US$ 220 billion on the stock market.
Author: Agência Brasil
The forecast was presented by the head of the Economic Department of the Central Bank of Brazil, Altamir Lopes. This year, the total foreign direct investment may reach US$ 30 billion.
Foreign investor interest in the Brazilian banking system remained stable over the last few years and was little affected by the crisis, according to a Central Bank report.
It is the highest figure ever recorded in the country, according to information from the Central Bank, which has been purchasing dollars in the spot market to curb the appreciation of the real.
During the same period of 2009, spending reached US$ 6.414 billion. As a result of increased spending, the Central Bank revised its travel account deficit upwards from US$ 8 billion to US$ 10 billion.
As a consequence of its economic growth, Brazil may start being targeted by cybercriminals from Eastern Europe. The warning was issued by the United States Federal Police.
The trade surplus in the third week of September resulted from US$ 4.94 billion in exports minus US$ 4.42 billion in imports.
The information was supplied this Friday by the president of the Energy Research Company, Maurício Tolmasquim. The hydroelectric plants will be built in the Northeast and Midwest regions.
This was the first operation in euros in ten years. The interest rate is the lowest ever paid by the institution.
The Integrated Foreign Trade System will have a website and simplified procedures.
The daily average of extraction was 2.078 million barrels, growth of 6% over the same period last year. Production of gas, in turn, had the second best performance in history.
According to a study by the Ministry of Labour and Employment, official job generation in Brazil was record in August. Some 299,415 new work posts were opened.
The Foreign Trade Board has reduced the tax on 166 items to 2%. The rate used to range from 14% to 18%.
A total of US$ 500 million were sold on the European and North American markets, and US$ 50 million on the Asian market. Investors will have annual rates of return of 5.202%.
