According to the Brazilian Institute for Geography and Statistics, the rate of occupation grew 1.1% from October to November 2009. In comparison with 2008, however, the index is still down.
Author: Agência Brasil
An Economic Research Institute report shows the country may have social indicators akin to those of developed countries by 2016, should the inequality reduction rate remain as in the last five years.
Starting in February, the rate of ethanol will go down from 25% to 20%. The measure will remain in force for 90 days.
To the International Labour Organization, this should be the key point of economic policies adopted by Latin American and Caribbean countries. The organisation forecasts more work posts in 2010.
In the period from January 1st to 10th, exports totalled US$ 2.526 billion, as against US$ 2.901 billion in imports, resulting in a US$ 375 million deficit.
To the UN agency, the slowdown in sales in 2009, caused by the international financial crisis, was the worst since 1937. This year, however, there should be an improvement.
According to estimates by companies in the area, the sector grew 6% to 7% last year and had revenues of US$ 140 billion. Even exports rose.
The Brazilian minister of Labour, Carlos Lupi, made the optimistic forecast on job creation in Brazil in 2010. He believes that the economy will grow by 7%.
Production totalled 3.18 million units in Brazil last year, against 3.22 million in 2008. Lower exports affected the performance.
Production totalled 3.18 million units in Brazil last year, against 3.22 million in 2008. Lower exports affected the performance.
The announcement was made by the company’s chairman, Jeffrey Immelt. The company has similar hubs in the United States, Germany, India and China.
The first estimate of the Conab for 2010 shows that the crop may be greater than that of the 2002/2003 season, the largest to date. The company forecasts production of 48.66 million tonnes.
Project to be presented in March was the subject of a meeting between ministers Reinhold Stephanes (Agriculture) and Edison Lobão (Mines and Energy). Brazil wants self-sufficiency within 10 years.
In 2009, the flow of foreign exchange was mainly driven by investment in bonds, the stock market and foreign direct investment.
