In South Africa, the country has Casa Brasil, a facility for events and promotion of products such as coffee, wine, meat and software. Exports to the continent totalled US$ 8.7 billion in 2009.
Author: Agência Brasil
The 2010/2011 Crop Plan for the sector was announced today by president Luiz Inácio Lula da Silva. The funds exceed the total for the previous program by US$ 559 million.
The statement was made by the Brazilian minister of Finance, Guido Mantega. According to him, the country will continue to grow, and will have its lowest unemployment ever in 2010.
Such is the total of dividends state-owned companies should pay to the government. Bank of Brazil, the Development and Federal Savings banks, the Post Office, Eletrobras and Petrobras account for 97%.
The outward flow of dollars from the country was greater than the inflow up to the 11th, according to the Central Bank. The deficit totals US$ 1.776 billion this month.
Brazil should have the world’s largest agricultural production by the next decade. That is the forecast of the Agricultural Outlook 2010- 2019 report, published Tuesday by the FAO and OECD.
The sector should grow more in the Arab countries over the next five years, according to a report by Pricewaterhouse Coopers. The study covers mainly digital medias.
The US$ 166 million deficit resulted from US$ 3.767 billion in exports and US$ 3.993 billion in imports.
The minister of Development, Industry and Foreign Trade, Miguel Jorge, said that the elevation of the benchmark interest rate (Selic) to 10.25% a year should not affect the trade balance.
Brazil is highlighted as an oil producer in the US Energy Information Administration report. The country leads in growth outside the OPEC. The expansion volume is close to that of Saudi Arabia’s.
There should be growth of 8.8% over 2009, according to the Brazilian Statistics Institute. The soy crop should increase by 7.2%. Planted area in Brazil, however, has decreased 0.9% over last year.
Foreign sales of vehicles totalled US$ 1.1 billion in May, representing growth of 27.2% over April. It was the industry’s best result since October 2008, when the turnover was US$ 1.3 billion.
The growth is in comparison with the same period in 2009 and represents the largest expansion since the figure started being recorded. Figures were disclosed on Tuesday by the IBGE.
The investment was made since 2004 and concerned exploration and production. The independent entrepreneurs operate in mature continental basins.
