The accumulated result up until last week is US$ 8.5 billion, as against US$ 6.7 billion during the same period of 2008.
Author: Agência Brasil
The economist and Professor at the University of New York, Nouriel Roubini, said today, in a seminar held in the city of São Paulo, that the country needs heavy investment and less bureaucracy.
The credit represents 45.5% of the 3.4 billion reals to be invested in Pecém Port mill, in Ceará. The project is a partnership between the Brazilian EBX and the Portuguese EDP.
Brasília – The Brazilian economy is showing "clear signs of recovery", in the evaluation of Central Bank governor Henrique Meirelles. According to him, there are signs of recovery in the demand for goods and services, "due to the strong component of growth in employment and in income in recent years". Apart from that, Meirelles mentioned
Lula arrived yesterday in Istanbul, where he met with the Turkish prime minister. Today, the Brazilian president should close a seminar attended by Brazilian and Turkish businessmen.
São Paulo – The merger of food manufacturing companies Perdigão and Sadia, concluded last evening (18th), will be announced today (19th), in the city of São Paulo, by the chairmen of the new company’s Board of Managers, Nildemar Secches and Luiz Fernando Furlan. To the technical advisor at the Brazilian Consumer Protection Institute (Idec), Marcos
Brasília – Researchers with the National Institute of Science and Technology for Climate Change (INTC-MC) are going to map out the vulnerabilities of ten Brazilian megacities in the face of the impact of climate change. According to the coordinator of the institute, Carlos Nobre, the aim is to identify problems in order to set the
Brasília – The trade balance surplus (exports minus imports) in the second week of May 2009 was US$ 505 million. In the period, exports totalled US$ 3.026 billion and imports, US$ 2.521 billion. This information was disclosed by the Ministry of Development, Industry and Foreign Trade. In the accumulated result for the month, with ten
The balance is US$ 1.1 billion in Brazil in the first eight days of May, according to the Central Bank.
The company had earnings of 5.8 billion reals in the first quarter, a reduction of 20% over the same period in 2008. The retraction in domestic demand also affected the result.
The trade balance surplus is the result of exports of US$ 2.923 billion and imports of US$ 2.376 billion.
There was growth this quarter when compared to the previous quarter, despite a reduction in the rate of expansion.
The evaluation was by the Institute of Applied Economic Research (Ipea) and shows a very different result from what Brazil lived in the last quarter of last year.
A proposal for reducing tariffs on foreign sales was presented last Friday by automotive sector businessmen to the minister of Development, Miguel Jorge, as a means to halt the decrease in shipments.

