The projection for the crop is in the 2009/2010 study. The volume is 8.8% greater than in the last cycle and 2% greater than the previous record, of 144.1 million tonnes.
Author: Agência Brasil
A bill on the matter was published on the Official Gazette this Monday. Travellers are allowed to bring new or used items, for personal consumption or as gifts, without paying taxes.
Exports in July totalled US$ 17.67 billion, as against US$ 16.32 billion in imports. The result was positive, in spite of a US$ 127 million deficit in the fifth week.
In the first six months this year, the activity level indicator remained above 50 points, which indicates growth. The survey was disclosed by the National Confederation of Industries.
The Brazilian primary surplus was US$ 1.166 bn in June and US$ 22.7 bn in the first half this year according to the Central Bank. The result is higher than the one recorded in the same period of 2009.
Brazilian foreign debt bond trading totalled US$ 825 million, being US$ 750 million on the European and United States market, and US$ 75 million on the Asian market.
The Brazilian economy should continue growing in the coming months, although at a lower rate than in the first quarter. The assessment was made today by the National Confederation of Industries.
The National Treasury has once again issued foreign debt bonds, known as Global 21, maturing in 2021. The papers will be issued in the United States and European markets.
Expenditure during international trips have exceeded US$ 7 billion in the first half. Spending by foreigners in Brazil reached US$ 2.94 billion during the period.
The figure results from US$ 13.9 billion in exports and US$ 12.4 billion in imports so far this month, and is lower than the surplus recorded in July 2009.
The signing of the free-trade agreement between the South American bloc and the Arab country is expected. The meeting will be held in San Juan, Argentina, on August 2nd and 3rd.
Energy consumption in Brazil grew by nearly 10% in the first half this year, boosted by good performance across all market segments. The data were culled from the government’s Energy Research Company.
According to the UN agency, the country should see the highest growth among Latin American and Caribbean economies. The GDP of the two regions should increase by 5.2% on average.
The mining company has concluded 75% of the works required for the Moatize mineral coal mine to operate. A total of US$ 719 million has been invested, and exports begin in June 2011.
