The country exported the equivalent of US$ 3.19 billion in exports and imported US$ 2.51 billion in the second week of the month. So far this year, the country is running a US$ 18.5 billion surplus.
Author: Agência Brasil
The result represents a reduction of 20% when compared to the first six months of last year, when profits totalled US$ 9.3 billion.
So said yesterday the director of the Applied Economic Research Institute. According to him, the unemployment rate, number of hired workers and industrial output data point to the country’s recovery.
Brasília – The sum of dollar inflow and outflow in Brazil yielded a positive result of US$ 2.255 billion from the 1st to the 7th this month, with five business days. In the same period last year, the flow of foreign currency was positive by US$ 2.178 billion. The data was disclosed today (12th) by
To the Brazilian minister of Development, Industry and Foreign Trade, Miguel Jorge, credit is no longer the main concern among businessmen.
The state-owned company may revise up the investment volume from 30 billion reals (US$ 16.3 billion) forecasted for the coming four years. The statement was made yesterday by the company president.
According to the president of the Vehicle Manufacturers Association, Jackson Schneider, sales in Brazil are partly making up for reduced exports, and the scenario should persist in the near future.
The figure was the result of US$ 3.274 billion in exports and US$ 2.339 billion in imports. So far this year, the country is running a surplus of US$ 17.848 billion.
This is the opinion of Agriculture minister Reinhold Stephanes, to whom the picture has evolved much since late last year, when the crisis hit the sector and generated negative expectations.
The figure was recorded by the Brazilian state-owned oil company in the second quarter, and represents growth of nearly 600% over the same period last year. The result reflects growth in production.
According to a study disclosed by the National Food Supply Company (Conab), the 2008/2009 crop should be 134.49 million tonnes.
The bank was responsible for 44% of the financing contracts in June. The business volume reached US$ 1.3 billion, 28% more than in May.
According to a study by the Federation of Industries of the state, the funds should be invested over the next three years in the areas of energy, infrastructure and industry.
The oil company is going to spend the funds in universities and research institutes in order to turn the Brazilian energy sector technology cluster into one of the best equipped in the world.
