In case national output does not increase, such is the amount that the country will have to spend on imports of the product from 2015 to 2020.
Browsing: Economy
Brazil’s foreign exchange flow was negative in August, up to Friday (24).
The emirate’s imports, exports and re-exports amounted to a combined US$ 164 billion in the first half, up 12% from the same period in 2011.
The Brazilian senate has approved a limit of US$ 10,000 for purchase and sale of dollars at exchange houses. The prior limit was US$ 3,000. The project will now be analysed by the Lower House.
The bed, bath and linen manufacturing company has exported to Saudi Arabia, Emirates and Kuwait but not this year, and is interested in selling more to the region.
According to the president of Brazil’s Logistics and Planning Company, new measures will be issued in September regarding concessions of ports and airports.
According to the National Civil Aviation Agency (Anac), the number of passengers transported per kilometre was up 7.86% in July this year from July 2011.
In addition to crude oil, Brazil’s purchases of derivatives from the region have increased sharply due to the fact that consumption has grown, whereas domestic output has not.
Brazilian exports totalled US$ 4.804 billion in the period. Manufactured products, like fuel oil, aircraft and ethanol presented the greatest reduction.
The country was included into the International Monetary Fund as one of the 72 poorest nations with access to cheaper loans than those granted to richer nations.
Semi-precious jewellery by São Paulo-based company AF Mix has reached stores in South America, Europe and Africa. The company is betting on Spanish and English language websites to double its exports.
The Industry Confidence Index went from 102.7 points in July to 104.1 points in August, but remained below the historical average.
The Benefits of appreciation of the US currency on exports is being reduced by the global crisis, which reduces the demand and prices of some products abroad.
The government announced that civil servants will rest on Fridays and Saturdays. In the prior regime, the resting day was only Friday.
