The projection is by the Central Bank. According to the institution, with the slowdown in global activity, domestic demand is a contributing factor for economic stabilisation.
Author: Agência Brasil
Brasília – The Brazilian trade surplus – exports minus imports – totalled US$ 619 million in the third week of March and US$ 1.041 billion in the entire month. The figures were supplied by the Brazilian Ministry of Development, Industry and Foreign Trade. Last week, exports totalled US$ 2.793 billion and imports, US$ 2.174 billion.
In November alone, 415,900 new lines were activated in Brazil. Vivo is the company that leads the market with a 29.8% share. The Federal District has the highest teledensity rate.
São Paulo – The president at the Brazilian Development Bank (BNDES), Luciano Coutinho, said today (20) that the institution is going to provide a line of financing for company Aerolineas Argentinas to purchase aircraft from Brazilian state-owned manufacturer Embraer. According to Coutinho, the details are still under discussion, but he revealed that the loan is
The figure was supplied by the Brazilian Institute for Geography and Statistics. Out of that total, 87% are women who learnt the craft in their own family, from their mothers or grandmothers.
Investment of the Petrobras subsidiary should be turned to expansion of its service portfolio and, according to the company business plan, should take place from 2009 to 2013.
Celso Amorim said in New York that the Brazilian decision of expanding trade partners has made the country less vulnerable to the crisis.
The growth was reached despite the 3.6% contraction in the fourth quarter of 2008. The Brazilian GDP reached US$ 1.2 trillion and the per capita GDP climbed 4% to US$ 6,400.
Akpo field has reserves estimated at 620 million barrels of oil. Production should reach 175,000 barrels a day in the third quarter.
The trade balance surplus is the result of exports of US$ 2.682 billion and imports of US$ 2.398 billion from March 1st to 8th. Year to date, the surplus is US$ 1.572 billion.
Brasília – Brazil already sold US$ 14.5 billion of its foreign currency reserves since the worsening of the international financial crisis, in September, up until March 02. The information was supplied today (05) by the president of the Central Bank (CB), Henrique Meirelles, during the International Seminar on Development, promoted by the Council for Social
The funds should be spent up until 2013 on ethanol and biodiesel production.
The Brazilian company produces petrol with a mixture of 3% ethanol in the country. It is the first step to sell ethanol on the Asian market.
For 2009, the Central Bank estimates investment of US$ 30 billion. In January last year, Brazil had received US$ 4.823 billion in FDI and in the whole of 2008, US$ 45.06 billion.
