Agência Brasil Brasília – Here is a breakdown on the way Brazilians use credit, as reported in a survey by the Credicard group. Credit operations available to the consumer are credit cards, personal loans, special checking accounts and mortgages. All told, up to August of this year, credit operations totalled R$431.6 billion, compared to R$595.8
Author: Agência Brasil
Agência Brasil Brasília – During his visit to Mozambique this week, president Luiz Inacio Lula da Silva will sign a protocol for the construction of a generic pharmaceutical laboratory that will manufacture AIDS drugs. The factory will be built in Maputo and will reinforce Brazilian healthcare assistance in Africa. At the moment, it is common
Agência Brasil Brasília – This week Brazil got some heavyweight support in its quest for a permanent seat on the United Nations Security Council. The prime minister of Spain, Jose Maria Aznar, in Brazil for on an official visit, announced that the idea was logical and could count on Spanish support ("simpatia viva"). The Aznar statement was
Agência Brasil Brasília – The non-financial public sector had a surplus of R$ 7.8 billion in September, bringing the cumulative surplus for the year to R$57.1 billion, or the equivalent of 5.08% of GDP. The target set with the International Monetary Fund was R$ 54.2 billion. The federal government (INSS [social security] and the Central
Agência Brasil Brasília – In testimony at the Foreign Relations Committee in the Chamber of Deputies yesterday, vice president Jose Alencar declared that there are no internal problems in the government with Free Trade Area of the Americas negotiations. Alencar was responding to questions regarding differences of opinion in the cabinet on FTAA negotiations. He
Agência Brasil Porto Alegre – Representatives of a state-run Chinese food company, Chinatex, who are visiting southern Brazil at the moment, have announced interest in purchasing one million tons of genetically modified (GM) soybeans grown in the state of Rio Grande do Sul. Last year China imported 1.4 million tons of Rio Grande do Sul
Agência Brasil Brasília – At the end of the fourth week in October cumulative exports by Brazil for the year are now at US$58.921 billion, and imports at US$38.953 billion, for a surplus of US$19.968 billion. According to minister of Development, Luiz Fernando Furlan, the surplus should close out the year above US$22 billion. The
Agência Brasil Brasília – The head of the International Monetary Fund mission which is now in Brazil, Jorge Marquez-Ruarte, declared that the country is in good shape and that there are reasons to be confident. He also referred to the possibility of renewing the loan agreement with the IMF. "The market is confident in Brazil.
