The country has expanded destinations for exports over the last decade, but basic products have gained importance in business, whereas manufactured products have reduced their share.
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The Extended Consumer Price Index reached 6.5%, the upper limit of the government’s target range. The president of the Central Bank, however, said that now the scenario is one of decline.
With five shops in the interior of São Paulo, Marina Gheler will have franchises of the semi-jewellery brand that goes by her name in 2012. She aims to sell more abroad, mainly to the Arabs.
In 2011, 641 enterprises declared insolvency in Brazil, a figure 12.4% lower than in the preceding year. The number of companies that filed for insolvency also dropped, from 1,939 to 1,737.
The government surveyed 184 different attractions near the 2014 FIFA World Cup host cities. The intention is to encourage the crowds attending the matches to visit them.
The Families Expectation Index of the Institute of Applied Economic Research shows that 67.2% of population are optimistic regarding the economy. Survey’s indicators improved from November to December
Automakers association figures show the number of Brazilian made vehicles licensed dropped by 2.8% from 2010 to 2011, whereas the share of automobiles made in foreign countries increased.
The Fund’s Western Hemisphere Department director claims European banks have many assets in the region and may need them should problems worsen in Europe.
The figure is the result of inflow minus outflow of foreign currency in Brazil. In December, a surplus of nearly US$ 2 billion was recorded.
The hospital, hotel, spa and shopping centre complex will focus on aesthetic medicine. Brazilian company Braengel will be in charge of design. The medical team will include Brazilians and Arabs.
The bonds will be sold in the United States and Europe. Depending on the operation’s success, Asia may be included.
With almost 100% of production turned to foreign sales, Carnaúba do Brasil has clients in 20 countries, including the United Arab Emirates.
The country ended 2011 with reserves of US$ 352 billion, US$ 63.437 billion more than in the previous year.
Exports reached US$ 256 billion, 26.8% more than in 2010, and imports reached US$ 226 billion, a 24.5% increase over the preceding year.
