Brazilian Tourism Institute’s new fundraising support program will make US$ 2 million available to public and non-profit entities to attract more technical-scientific and sports events to the country.
Browsing: Economy
President Dilma Rousseff stated that Brazil must seek an interest rate level similar to those seen in other countries.
KPMG report claims that the first quarter of 2012 saw the highest number of mergers and acquisitions in Brazil since 1994. Buyoffs of domestic companies by foreigners came as a surprise.
Finance minister Guido Mantega stated that in spite of IMF recommendations, the country will continue intervening in exchange rates to reduce the value of the country’s currency.
The CEO at the Arab Brazilian Chamber should sign partnerships in Tunisia and Algeria next week to increase trade relations between Brazil and Arab countries of North Africa.
Investment in the segment, in Brazil, will reach US$ 320 billion up until 2015, according to a study conducted by the Brazilian Development Bank. Oil and gas should receive the largest share.
A seminar with economists in São Paulo shows that the crisis in Europe opens space for greater exports of manufactured goods of emerging nations like Brazil.
The Brazilian National Treasury rebought US$ 896 million worth of Brazilian government bonds in foreign countries this Wednesday (18th).
The Brazilian Foreign Office is promoting the 4th International Monograph Competition for foreigners and Brazilians residing abroad. The work by Lygia Fagundes Telles is the theme of this edition.
The outflow of dollars from Brazil was US$ 799 million higher than the inflow from April 1st to 13th, according to the Central Bank.
Established in July 2011, the country should now receive advisory from the organisation’s technicians to establish economic institutions. The country already has a loan facility of US$ 189.3 million.
The Treasury of Brazil sold US$ 1.6 billion in treasury notes on the international market, with a rate of return of 8.6% a year, the lowest interest ever offered on this kind of note.
The April 13th edition of the network’s Globo Repórter show reached 24 points and a 47% share of total viewing, according to Ibope São Paulo. It was the most watched so far in 2012.
The institution forecasts that the economies of Middle Eastern and North African will grow by 4.2% in 2012 and 3.7% in 2013. The rate for this year is higher than in a previous estimate.
