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
Author: Agência Brasil
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
The accumulated result up until last week is US$ 8.5 billion, as against US$ 6.7 billion during the same period of 2008.
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
