Brazil may buy 600 tonnes of wheat free of tax from foreign countries, according to a Foreign Trade Chamber resolution issued this Wednesday (30th). The tax had already been lifted once this year, in April.
Author: From the Newsroom
Brazilian capital goods export revenues stood at US$ 8.9 billion year-to-date through September this year, according to industry association Abimaq figures. Foreign sales also declined in September alone.
According to the director general at the International Labour Organisation (ILO), Guy Ryder, the low recovery of the global economy should affect job generation.
Brazil, Russia, China, India and South Africa signed a joint declaration forecasting international cooperation to reduce food production dependence on climate effects.
The volume shipped in quarter three (Q3) this year was down 7.3% from Q3 2012. Sales are expected to recover by the end of the year.
Specialists will convene at the School of Economics of the Getúlio Vargas Foundation to address the role of Brazil in the region. The conference will take place next in São Paulo next Friday (1st), at 4:00 pm.
The agency is competing with an article about expansion of the cargo sector at Guarulhos Airport, in the first edition of the award of the Brazilian Airline Association.
Arab diplomats in Brazil should meet with the governor of Bahia, businessmen, the mayor of state capital Salvador and also visit a petrochemical hub this week.
Films from Brazil, Argentina, Chile, Colombia, Uruguay, Peru, Venezuela, Mexico, El Salvador, Portugal and Spain will be shown in Beirut, from October 31st to November 8th.
The meeting will be held by the Financial Times Live and the This is Africa organization on November 27th, in Johannesburg. Brazilian companies operating in the continent will be represented.
A decree by Brazil’s president allows foreign investors to own up to 30% of the bank’s shares, a percentage previously limited to 20% of total capital.
The amount is a compensation for oil export-related losses incurred by Iraq as a result of the war in the 1990s.
The International Monetary Fund issued an economic report estimating a 3.5% expansion this year. The prior forecast was 4.25%. The organization advises on increasing public and private savings.
According to company president Tim Clark, in seven years the airline should have over 250 aircraft and become the main airline in the world in international passenger transport.

