The variation was recorded in quarter one, 2012 as against quarter four, 2011. Industry drove the performance with a growth rate of 1.1%.
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The airline had revenues of US$ 1.25 billion in the second quarter of 2012. The growth was boosted by code share agreements and partnerships that increased the number of passengers served.
An increase in foreign prices of basic products took place in the first half. In June, prices went down 1.4%.
Over 340,000 automobiles and light commercial units were sold, an increase of 24% compared with May and 19% compared with June of last year.
The funds are provided for in an agreement signed in 2010, which covers a total of US$ 117 million. The Fund has praised the country’s economic management, in spite of drought and foreign crisis.
Shipments generated little over US$ 19 billion, 18.3% less than in the same month last year. Imports dropped 3.7% in the same comparison.
The financial market is once again reducing growth forecasts for the Brazilian economy. The country should grow 2.05% in 2012, against 2.18% in the prior forecast.
On the Chamber’s 60th anniversary, board president Walid Yazigi discusses the organization’s trajectory and celebrates the progress in relations with the region since the first missions were held.
Market studies on Saudi Arabia and United Arab Emirates are available on the Brazilian Export and Investment Promotion Agency (Apex) website. Documents include profiles and business opportunities.
The Arab Brazilian Chamber is preparing a publication to celebrate its anniversary. The work recounts the organization’s history and explains its role in relations between Brazil and Arab countries.
For the most part, the US$ 300 million in credit due to be granted to the African country will go to social investment. Another US$ 50 million will be loaned to micro, small and medium businesses.
Representative Fernando Capez hosted a ceremony to celebrate the organisation’s 60 years, at the Legislative Assembly. Stamps were issued in celebration.
Net debt of the Brazilian public sector was a little below US$ 716 billion in May, equivalent to 35% of GDP.
The economy of the public sector to cover the debt was US$ 1.2 billion. Brazil had a nominal deficit of US$ 7.7 billion in the month.
