The volume of credit operations reached some US$ 805 billion in late November, an increase of 1.5% in comparison with October and 15% over the last 12 months.
Author: Agência Brasil
The expectation is by the Brazilian Foreign Trade Association, which also forecasts an increase of 24% in imports and a reduction of 49% in the trade balance surplus.
The forecasted growth for the Brazilian GDP has been expanded from 5% to 5.08%. The percentage of industrial production rose from 7.11% to 8%. The estimates are in the Focus bulletin.
The greater Brazilian consumption in 2010 considers growth of 0.5% this year and 6% next year.
The Brazilian trade balance surplus totalled US$ 23.7 billion in the year-to-date through the third week of December. The figure represents 1% growth over the same period of last year.
Brazilian president Luiz Inácio Lula da Silva made an assessment of the Climate Conference this Monday. He stated that the meeting managed to solve part of the problem, but criticized the US’ stance.
The funds should be added to the US$ 2.7 billion budget of the Merchant Marine Fund for 2010. They should be used to finance 161 projects in the area.
A Merchant Marine Fund has approved financing for Transpetro, a subsidiary of the Brazilian oil company for the transport sector. The fleet expansion program forecasts construction of 49 vessels.
The increase was recorded in fields operated by state-owned oil company Petrobras in the past 12 months. Average daily oil and gas extraction in November was 2.31 million barrels.
The information was culled from a survey of the National Confederation of Transport (CNT). The funds would be allocated to improving the grid and eliminating bottlenecks.
A total of 7.2 million heads of cattle were slaughtered in Brazil in the third quarter, 4.6% more than in the second quarter. The data were supplied by the Brazilian Statistics Institute.
The statement was made by the president of the Brazilian Central Bank, Henrique Meirelles. According to him, the country’s economy will grow next year anchored mainly on rising employment and credit.
The Brazilian Chief of Staff, Dilma Roussef, said that developed countries want to split the contributions to the fund for fighting global warming into near-equal parts.
Brazil generated 246,695 formal job positions, the highest ever for the month. In the year to date, 1,410,348 positions were created.
