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
Author: Agência Brasil
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.
Last Thursday, the National Treasury issued foreign debt bonds with ten-year maturity. The interest rate to be paid, of 5.8% a year, is the second lowest ever for this type of bond.
Henrique Meirelles said that Brazil is leaving the international financial crisis, which began in the United States, in a more favourable situation than most companies.
Industrial production in Brazil grew slightly in March over February, up 0.7%. This is the third consecutive increase when compared to the previous month. Over March 2008, there was a reduction.
The Brazilian trade surplus was US$ 3.7 billion in April, as a result of US$ 12.3 billion in exports and US$ 8.6 billion in imports.
The director general of the World Trade Organization was elected last Thursday for another term, starting on September 1st. He has headed the organisation since 2005.
To Luciano Coutinho, the bank’s first quarter performance is proof of it. Disbursements totalled nearly US$ 8.7 billion, growth of 13% over the same period of 2008.
