Agreement between the Brazilian Central Bank and the US Federal Reserve results in the creation of a line for swap of dollars for reals. The aim is to guarantee liquidity in the foreign currency.
Author: Agência Brasil
Dollar outflow in Brazil was higher than inflow up until the 24th.
Brasília – The ECO 2008 Global Environment Conference started today (29th) in Brasília, the capital of Brazil. The opening ceremony took place today at 8:30 am, at the National Museum of the Cultural Bloc of the Republic, in the Ministerial Area of the city. Up until Friday (31st), discussions will be held on topics such
This is the estimated volume of business to be generated at the food sector fair generated in Paris last week. In all, 110 companies from Brazil participated in the exhibition with Apex support.
Brazilian exports totalled US$ 4.023 billion, whereas imports stood at US$ 4.121 billion.
Sales of natural gas in September broke record for the year, at 51.2 million cubic metres a day. Growth over August was 0.37%, and in comparison with September 2007, 16.55%.
The country produced 28 million tonnes of bulk steel from January to September. The export of partially manufactured goods rose 27.2%.
The figure is the result of US$ 4.093 billion in exports and US$ 3.759 billion in imports.
The presidents of the central banks of Argentina, Brazil, Chile, Colombia, Mexico and Peru met yesterday, in Santiago, and stated that countries in the region have good chances of facing the crisis.
The unit is in Maputo, the capital of Mozambique. The foundation is going to help establish an antiretroviral drug factory for the treatment of Aids.
The two governments are engaged in closing an agreement in three weeks. In the last meeting for WTO negotiations, in July, the countries could not reach an agreement regarding the proposal.
The president of Brazil stated today that emerging nations must operate in tandem or be "dragged down." The statement was made during the 3rd Summit of political group Ibsa.
Brasília – The Brazilian trade surplus, i.e. positive result for exports minus imports, reached US$ 411 million in the second week of October and US$ 540 million so far this month. In the accumulated result for the year, the trade surplus remains lower than in the same period of 2007: US$ 20.196 billion as against
Brasília – Despite the global financial crisis, the president of Brazil, Luiz Inácio Lula da Silva, hopes that Brazil may have profits and attract investment by international companies. "Brazil may be a good place for them to make their investment and have the necessary profit to help their headquarters pay their debts abroad," said the
