To Delfim Netto, the crisis arrived in the country as a result of the ‘solidarity’ of bankers, who decided to follow the rest of the world and reduce the supply of credit to companies.
Author: Agência Brasil
In the second week of June, Brazilian exports totalled US$ 2.508 billion and imports, US$ 1.771 billion. From January until last week, the trade surplus was US$ 11.317 billion.
In addition to the Angra 3 Plant, scheduled for inauguration in 2014, four other plants should be built by 2030, with 1,000 megawatts of capacity each, in the Northeast and Southeast.
Brasília – Brazil is going to provide US$ 10 billion in funding to the International Monetary Fund (IMF), as informed today (10th) by the minister of Finance, Guido Mantega. “This is the second important step that Brazil is taking in order to become a creditor rather than a debtor to the fund,” said Mantega. The
Brasília – Today’s edition (10th) of the Official Gazette announces the introduction of a measure that forecasts financial aid from the federal government to states and municipalities for encouraging exports. According to Provisional Measure 464, the federal government will have 1.95 billion reals (US$ 1 billion) to foster exports, a figure that should be passed
To Guido Mantega, the Brazilian economy should grow gradually, and by the last quarter of 2009, the advance should be between 3% and 4%. In 2010, this performance should remain.
The Asian country disclosed a list of 22 slaughterhouses in Brazil that are authorised to sell to China. As a result, foreign sales of chicken meat should rise by 5% this year and by 10% in 2010.
The Brazilian Development Bank and the Ministry of Development, Industry and Foreign Trade should create the institution turned to export finance.
Brasília – The volume of credit in the financial system totalled 1.248 trillion Brazilian reals (US$ 592 billion) in April, a figure equivalent to 42.6% of the Gross Domestic Product (GDP), i.e. the sum of all goods and services produced in Brazil. The figures were disclosed today (27th) by the Central Bank. In March, the
Brasília – The chairman of the Brazilian Development Bank (BNDES), Luciano Coutinho, said today (27th) that the Brazilian economy may grow up to 4% in 2010. According to him, the industry should “start getting out of idleness” still this year, as a result of a solid domestic market. “In the coming months, investment may be
Brasília – The 2009-2010 crop will count on 93 billion reals (US$ 45.9 billion) in financing, of which approximately 15 billion reals (US$ 7.4 billion) are earmarked for family farming. The information was supplied by the Brazilian minister of Agriculture, Reinhold Stephanes, while leaving a meeting with the minister of Finance, Guido Mantega, during which
This month, their expenses have totalled US$ 653 million. In the year, Brazilians have already spent US$ 2.687 billion abroad.
Brasília – Current transactions (all operations of Brazil abroad) resulted in a surplus of US$ 146 million in April. However, year to date, the result is a deficit of US$ 4.874 billion. This information was disclosed today (26) by the Central Bank. The positive result last month was the first after 18 months running of
Brasília – Foreign direct investment in Brazil reached US$ 3.409 billion in April this year, according to figures disclosed today (26) by the Central Bank. In April 2008, this value was greater, US$ 3.872 billion. From January to April this year, the foreign direct investment reached US$ 8.751 billion, against US$ 12.671 registered in the
