In this episode: Lecture by the economist Eduardo Giannetti; the Tunisia Experience food event; beef exports; interview with Alexandre Zayed, from company Globe Brazil; and Rio de Janeiro.
Browsing: Economy
The Libra Field auction should have two to four competing consortia, according to a forecast from the Brazilian minister of Mines and Energy, Edison Lobão.
Portal Brazil Expat Living was established two months ago to help in the adaptation of foreigners who are in Brazil on business or on tourism. The idea is to take advantage of the growth of these groups.
The country is hosting a conference aiming to discuss necessary changes for internet governance. The event will take place in 2014, featuring key global players in different sectors.
The enterprises have paid the sums required in order to take part in the auction of the Libra Field, in the pre-salt area of the Campos Basin. However, all of the 11 accredited companies will be eligible.
A report from the Fund has revised down GDP growth projections for Middle East and North Africa countries. The forecasts for the world and the Brazilian economies have also been lowered.
The sharpest increases took place in the states of Paraná, Goiás and Santa Catarina from July to August. Production declined in seven states, according to the Brazilian Institute of Geography and Statistics.
In the first week of the month, the Brazilian balance of trade showed a US$ 1.8 billion surplus. The performance was partly due to the export of an oil and gas extraction rig worth US$ 1.9 billion.
The company had revenues of US$ 1.4 billion from July to September. Over three million people flew on the airlines aircraft.
Bahia state-based Flores de Lírio makes panties and bras out of high end fabrics, and began exporting to Cape Verde this year. The company is in an internationalization program to boost foreign sales.
The market has increased expectations for growth of the Brazilian economy this year. The forecast was increased from 2.40% to 2.47%, according to Central Bank forecasts.
According to the Fund’s report, Sudan’s economic conditions are poor and have worsened since the territorial split. However, a partnership between the two countries may help solve economic issues.
The Brazilian Central Bank governor has said daily sales of United States currency are yielding good results in curbing the hike against the Brazil’s real.
Revenues with foreign sales totalled US$ 1.43 billion in September. There was growth over the same month in 2012, but reduction of 14.6% over August, according to the Anfavea.
