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.
Author: Agência Brasil
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.
The auto manufacturer’s branch in Brazil is going to receive US$ 696 million to develop less pollutant lorries and engines.
It was the lowest growth rate since 2004, according to a survey conducted by Serasa Experian. There was recovery in the second half, but performance was hampered by the international financial crisis.
The country returns to being a member this year, for a period of 24 months, replacing Costa Rica. The first meeting takes place this week.
The figure is a record high and exceeded the reserves recorded in late 2008 by more than US$ 32 billion, according to the Brazilian Central Bank.
The information was taken from a survey held by the Federation of Commerce of the State of São Paulo (Fecomercio). The index grew 1.3% from November to December and 22.2% compared with December 2008.
The vice president of the Brazilian Foreign Trade Association, José Augusto de Castro, said the trade surplus of almost US$ 25 billion was good, when recalling the international financial crisis.
