Brasília – The National Confederation of Industries (CNI) announced today (25th) that it projects a 0.4% reduction in the Brazilian Gross Domestic Product (GDP) this year. Despite the negative projection for 2009 as a whole, the organisation expects the economy to grow in the second quarter. CNI forecasts, however, that the industry will continue to
Author: Agência Brasil
Brasília – The sum of dollar inflow and outflow in Brazil was positive by US$ 380 million from the 1st to the 19th this month. The figures were disclosed today (24th) by the Central Bank of Brazil. Commercial transactions (exports, imports and financing for foreign trade) ran a surplus of US$ 1.007 billion. The flow
Brasília – Foreign direct investment (FDI) in the Brazilian productive sector totalled US$ 2.483 billion last month, the highest result ever recorded by the Central Bank of Brazil (BC) in the month of May since 1947. In June this year, however, the BC is expecting a lower inflow of this type of investment. The projection
Londrina – The Brazilian president, Luiz Inácio Lula da Silva, and the minister of Agriculture, Reinhold Stephanes, are going to launch the 2009-2010 Agriculture and Livestock Plan (PAP) this afternoon (22nd), in the city of Londrina, in the north of the state of Paraná. The plan sets aside 107.5 billion reals (US$ 54.8 billion) for
The figure resulted from US$ 3.4 billion in exports and US$ 2.3 billion in imports, according to the Ministry of Foreign Trade. So far this year, the surplus is US$ 12.4 billion.
The estimate was disclosed by the FAO last Friday. Increasing hunger in the world, according to the organization, is not only due to poor agricultural performance, but also to the economic crisis.
The funds should come from the Federal Budget and should be turned to the Funcafé, to finance costs, crops, storage, trade and purchase of papers.
Brasília – The agribusiness Gross Domestic Product (GDP) of Brazil dropped 0.53% in the first quarter of 2009. Starting in October last year, when the effects of the global crisis were felt, the sector accumulated losses of 2.26%. These figures were included in the study by the National Confederation of Agriculture and Livestock (CNA) of
Brasília – The sum of dollar inflow and outflow in Brazil recorded a positive result of US$ 661 million from the 1st to the 12th this month. The information was supplied by the Brazilian Central Bank today (17th). During the two weeks of June, commercial operations (exports, imports and financing for foreign trade) ran a
This information was disclosed in a study by FGV with 820 businessmen in 24 states in Brazil. Growth of 7.8% is expected, against 16% last year.
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.
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
