The African nation will have access to a new traunch of International Monetary Fund credit to face commodity price increases and guarantee social assistance to the country’s population.
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The bank grew 16.7% in net profit in 2011 as against 2010. Among the main factors is expansion of revenues with services.
Sales from Brazil to the Arab world totalled US$ 1.083 billion in January, as against US$ 1.087 billion in the same month in 2011. Imports more than doubled.
The Association that brings together vehicle makers says that it would be worse for Brazil to break the agreement that frees cars made in the Latin American nation from paying import tax.
Last week, trade between Brazil and the world generated a surplus for the first time this year.
Airport terminals in São Paulo, Campinas and Brasília were auctioned on Monday. The value to be paid by the three winning consortia exceeded the minimum demanded by 348%.
Analysts raise estimates for growth of the Brazilian economy in 2012 and 2013, to 3.3% and 4.2%, respectively.
Country is among Brazilian industry’s international promotion targets. Shoe Manufacturers Association and Export Promotion Agency agreement provides for actions in eight countries, worth US$ 7.9 mn.
The industry sold the equivalent of US$ 7.2 billion last year, according to the industry association Bracelpa. Out of that total, Africa purchased US$ 1 million worth of pulp and US$ 110 million worth
Decision was made during a talk between president Dilma Rousseff and her Mexican counterpart, Felipe Calderón. Brazilians want to include vehicles other than passenger cars in the treaty.
Foreign sales from the state of Minas Gerais generated US$ 2.3 billion in revenues in January, a lower figure than that of January 2011.
Kung Fu movie star is the brand’s ambassador and will promote its executive jet line, especially in China.
The institution informed that it will ‘open discussions’ regarding the loan. The IMF is already negotiating the allocation of funds, and the European Union has also committed to helping the country.
The institute has released a program to finance projects to attract foreign tourists. The objective is to increase the number of direct flights from abroad and the flow at international airports.
