The figure is a result of US$ 19.236 billion in exports and US$ 16.796 billion in imports.
Author: Agência Brasil
Last year, sugarcane had the highest share of the Brazilian energy matrix since 1992, according to a Statistics Institute survey. Presently, cane accounts for 18% of power generation in the country.
The draft submitted to the National Congress today allocates US$ 24.7 billion to works in Brazil in 2011. The figure concerns federal government funds only.
Micro and small businesses account for more than half the formal job positions in Brazil. Most of these jobs are in the interior of the country, informs the Micro and Small Business Support Service.
The two public banks are going to receive US$ 4 billion in capital increase through Petrobras shares belonging to the Federal Government. Caixa should double its portfolio in coming years.
Country has sufficient power to grow by 7% a year up until 2014, according to the Energy Research Company. An auction of alternative sources and reserve energy was held this week.
The estimate was made by the Federation of Industries of the State of São Paulo (Fiesp). Industrial activity increased by 2.6% in July and by 12.7% since January.
The Sugarcane Industry Association revised its estimate for this year’s sugarcane crop due to a dry spell. A total of 573.83 million tonnes should be milled, a 3.7% decline over the last projection.
Industry revenues in the first seven months of 2010 exceeded those of the same period last year by 16.6%.
The service sector grew at higher rates than the economy as a whole in 2008, according to a research by the IBGE. While the GDP grew 5.1%, non-financial services grew 18.8%.
A legal opinion issued by the Attorney General’s Office is going to limit sales of Brazilian land to foreigners or foreign-owned companies.
A legal opinion issued by the Attorney General’s Office is going to limit sales of Brazilian land to foreigners or foreign-owned companies.
The Brazilian company established a partnership with the United States-based KL Energy for developing alcohol fuel production from sugarcane bagasse.
Volume of financing granted in the 2009-2010 crop was 14% greater than in the previous period.
