Brasília – The president of Brazil, Luiz Inácio Lula da Silva, spoke on the telephone today (16) with the president of the United States, Barack Obama, to define the stances that they are going to bring up for discussion at the 5th Summit of the Americas, due April 17th until 19th, in Trinidad Tobago. The
Author: Agência Brasil
Brasília – The Brazilian minister of Agriculture, Reinhold Stephanes, said today (16) that the conditions governing a line of credit of 10 billion Brazilian reals (US$ 4.5 billion) to support the agroindustry are going to be defined in a meeting scheduled to take place tomorrow (17), with the participation of president Luiz Inácio Lula da
The measures are defended by the Brazilian Foreign Trade Association, which plans to include them in an action plan against the crisis to be presented today in São Paulo and Rio de Janeiro.
Brasília – Dollar inflow and outflow (exchange flow) in Brazil is running a surplus of US$ 287 million in the first seven business days of the current month, according to a bulletin issued today (15th) by the Central Bank of Brazil (BC). Thus, last week saw significant recovery, mainly due to the rise in trade
The matter was discussed today by the Brazilian president, Luiz Inácio Lula da Silva, and his Colombian counterpart, Álvaro Uribe, during a meeting in the city of Rio de Janeiro.
The light oil discovery is in Santos Basin and is at a depth of 2,140 metres of water at a distance of 340 kilometres from the shore of São Paulo. It is explored by Petrobras, BG Group and Repsol.
The centre, to receive investment of US$ 1.2 million from oil company Petrobras, should start operating today. It is part of a larger project, to cost US$ 2.8 million, also funded by Petrobras.
The daily average of shipments of Brazil was 13% higher in the first working days of this month when compared to the same period in March.
Measures to support the export sector may, for the region, be a solution to the crisis. The theme should be discussed at the Business Council of Latin America meeting, this week, in Rio de Janeiro.
According to Pedro Brito, despite the global financial crisis the government is turning US$ 688 million to dredging ports. However, he says that the volume of freight has dropped, as has freight cost.
The country’s export minus exports totalled to US$ 749 million in the second week of April, and US$ 1.337 billion in the accumulated result for the month so far.
This is the statement of the director of the World Economic Forum for Latin America, Lozoya Austin. The event takes place in Rio, next week, with representatives from 35 countries.
In a field operated in partnership with Repsol, the Brazilian oil giant announced the discovery of 88.5 million cubic metres of light oil and gas.
The countries of the Southern African Customs Union signed a trade preference agreement with the South American bloc. South Africa, Botswana, Lesotho, Namibia and Swaziland are in the African group.
