The country accounted for 60% of research and development investment among Latin American and Caribbean countries. It is also the region’s only nation to allocate over 1% of its GDP to innovation.
Author: Agência Brasil
A decision of the Foreign Trade Board has lifted the tax from October this year until May 2011, for up to 250,000 tonnes of the product.
In the second week of September, exports totalled US$ 3.09 billion against US$ 2.93 billion in imports.
The bank estimates that the figure should be disbursed this year. If confirmed, the total will be 48% greater than in 2009. The institution accounts for 52% of real estate financing in Brazil.
The country picked 149 million tonnes of grain in the 2009/2010 crop. The figure is the largest in history, exceeding the 144.1 million tonnes in the 2007/2008 crop.
The president stated that the country should continue investing in production and technology. He also highlighted Brazilian victories in agricultural issues at the World Trade Organization.
The amount will be allocated to states and municipalities, and will be distributed in monthly instalments until the end of the year.
A study by the Unctad places Brazil in the third position among the countries considered priority for investment from 2010 to 2012, only behind China and India. The USA is in fourth.
The surplus results from exports of US$ 2.616 billion and imports of US$ 2.478 billion in the first three working days of the month.
The forecast is in the Focus bulletin, disclosed today (6) by the Central Bank of Brazil. Forecasted Industrial production is expected to grow 11.37%. In 2011, growth should be 5%.
The company submitted a bid to the Exchange Commission for a public offering of 2.174 billion new ordinary shares and 1.585 billion new preferred shares. The funds will finance its investment plan.
Planned investment increased 26.5% over the same period of 2009. The results are higher than in the period that preceded the world economic crisis, in 2008.
The Brazilian Ministry of Agriculture forecasts that 651.51 million tonnes of sugarcane should be processed during the 2010-2011 crop cycle, as against 604.5 million in the previous season.
The new deposit found in the state contains 11 billion tonnes of iron ore. It is located in the municipality of Mirassol D’Oeste and also contains potassium.
