The Sustained Investment Program will set aside US$ 293 million for small and medium enterprises that export capital and consumer goods.
Author: Agência Brasil
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.
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.
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.
