In Rio de Janeiro, a few days before leaving office, president Luiz Inácio Lula da Silva claims that if he had done wrong in his government, a working man could never be the president of Brazil again.
Author: Isaura Daniel
Isaura Daniel
A journalist with a degree from Unisinos and experience in economy and finance, she has been responsible for international coverages and amassed eight journalism prizes.
The president said he is happy with the choice of Russia and Qatar to host the 2018 and 2022 World Cups, respectively. To him, Qatar has the economic firepower to hold an outstanding contest.
The Brazilian Apontador Traffic information system has won the World Summit Award – Mobile Content and ICT. The awarding ceremony should take place next week in the Emirates.
Brazil exported 5,900 tonnes of apples to the Arab countries from January to October this year, with growth of 20% over 2009. Total sales of apples should drop this year.
Export revenues reached US$ 7.4 billion from January to October this year, 18.8% a figure higher than the US$ 6.2 billion recorded in the same period last year, but less than 2008’s US$ 10.3 billion.
Even with the possibilities of a slowdown in Brazilian production of soy and maize, exporters should maintain the supply to the Arab market. Foreign sales of maize should drop by half.
Apex and the São Paulo Trade Association are going to promote, on December 8th and 9th, meetings between trading companies and importers in the Middle East. Enrolment is in progress.
Acquisitions of Brazilian enterprises by foreigners totalled US$ 27.5 billion from January to September and accounted for 32.9% of operations of the sort in the country during the period.
Next week, representatives from 40 different countries will be in Rio de Janeiro to discuss power generation and development through hydroelectric plant projects. Arab countries will attend.
The measure by Camex, repealing the import tax, is now available for cotton, for customs clearance from October to May, and should benefit exporters from the United States and Egypt.
Sugar is at its highest price in 30 years and soy has returned to the price it was at in 2008. These changes in value have resulted in money in the Brazilian interior and should boost production.
Randon group should total investment of US$ 118 million by the end of the year, to boost capacity by 8% to 10% and help support a possible expansion in demand next year.
The forecast was made by the new Meat Exporting Industries Association chairman, who took over the organization a month ago. In October, revenues grew and volume dropped due to high cattle prices.
Tecnosinos, a park comprising 55 Brazilian and foreign technology companies in São Leopoldo, has begun approaching the Dubai Silicon Oasis, a technological free zone, to carry out exchange.
