The figure was a result of US$ 4.192 billion in exports and US$ 3.801 billion in imports. Thus far in July, the surplus is 12% lower, on average, than in the same month of 2009.
Author: Agência Brasil
The Focus bulletin, disclosed today by the Brazilian Central Bank, shows the same projection for the second week in a row. For 2011, the Brazilian economy is expected to grow by 4.5%.
According to the governor of the state, Paulo Hartung, production should rise from the current 8 million cubic metres to up to 16 million over the next few years.
The Brazilian president wants negotiations to move forward during his last period in the rotating presidency of the South American bloc, in the second half.
The high-speed rail is going to connect Rio de Janeiro, São Paulo e Campinas. The auction will be held at the Mercantile and Futures Exchange, in the capital of the state of São Paulo.
A survey by the Brazilian Statistics Institute shows that retail sales grew 10.2% in May, compared with the same period of last year, the highlights being household appliances and TV sets.
The company informed that the well is located at a depth of 470 metres, 100 kilometres off the Angolan. The exploration license provides for the drilling of eight wells.
In the second week of July, Brazilian exports totalled US$ 4.2 billion, and imports totalled US$ 3.5 billion. The trade surplus so far this year is US$ 8.8 billion.
The IMF has revised its growth forecast for Brazil this year upward. According to the Fund, the Brazilian economy should grow by 7.1%, representing a 1.6% increase over the previous forecast.
The figure was the highest since December 2008, at the height of the financial crisis, when investors withdrew US$ 6.3 billion from the country.
The Federal University of Rio de Janeiro signed a term of commitment on this Tuesday with United States-based multinational company FMC Technologies, for building a petroleum technology centre.
This Tuesday in Kenya, president Lula claimed that he wants to sign an agreement for producing biofuels in the African country. The intention is to transfer Brazilian technology in the sector.
This year, four out of ten Brazilian companies should invest in fixed capital to boost production capacity. The assertion was culled from a survey issued today by the Getulio Vargas Foundation.
In the first week of July, exports totalled US$ 1.52 billion and imports totalled US$ 1.3 billion. So far this year, the trade surplus is US$ 8.11 billion.
