Foreign direct investment reached US$ 668 billion in the first half, a decline of 8% from the same period in 2011. The Unctad has revised its annual forecast downward.
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Bahia-based company Amazun exports its products to Angola and intends to expand its foreign markets. The enterprise is aiming to sell its professional line in Arab countries.
Year-to-date, the Brazilian current account is running a US$ 34 billion deficit, according to the Central Bank.
The amount was spent during international trips in September. Spending by foreigners in Brazil reached US$ 441 million.
The country dropped from 126th to 130th in the World Bank’s ranking. Twelve Arab nations are better ranked, but only four have climbed positions.
Next Sunday in Beirut, Brazilian historian Roberto Khatlab will launch a publication about Lebanese presence in four continents, including the stories of singer Shakira and businessman Carlos Slim.
The German automaker will manufacture cars in Brazil, out of a unit in the municipality of Araquari. The automobiles will be launched on the market in late 2014.
Light attack aircraft to be used by the African country’s air force were delivered last Friday at the Gavião Peixoto air base, in São Paulo.
Brazilian exports outpaced imports by US$ 422 million during the period. Sales were down and purchases were up.
An event of the World Social Forum will be held from November 28th to December 1st, calling for the termination of embargoes and the demolition of walls in occupied territories.
The country is expecting to receive over 11 million visitors this year and return to pre-Arab Spring levels in 2013.
The country’s share in global exports of industrialized goods dropped from 0.85% to 0.73% from 2005 to 2011. Meanwhile, the share of Brazilian imports was up from 0.69% to 1.37%.
Economic Research Institute survey shows 95.4% of international tourists intend to visit the country again. Business tourism was up 9.8% last year.
On December 11th in São Paulo, export promotion agency Apex will hold a forum which will bring together fund managers and companies interested in receiving investment to leverage international sales.
