Sector revenues more than doubled from 2007 to 2011. With projects for greater railway grids for cargo and passenger transport, expectations are for more business in coming years.
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Delegations from the two countries signed a protocol of intentions to promote sectorial fairs. Proposals include partnerships for industry and services.
In December last year, the level in Brazil’s six largest metropolitan regions was 4.7%, as against 5.2% in November and 5.3% in December 2010.
A study by consultancy company Ernst & Young shows that emerging economies are going to exceed the developed ones by 2014, in purchasing power parity. The list includes 60 countries.
Foreign direct investment in Brazil reached US$ 66.66 billion last year, which financed the US$ 52.612 billion current transaction deficit, an all-time high.
The Fund has revised down its estimates for this year and the next one. The world economy should grow by 3.3% in 2012, and Brazil’s should grow by 3%. Euro zone crisis is worse than expected.
The Fund has revised down its estimates for this year and the next one. The world economy should grow by 3.3% in 2012, and Brazil’s should grow by 3%. Euro zone crisis is worse than expected.
Brazilian foreign trade ran a deficit for the third week in a row. Exports reached US$ 3.206 billion and imports, US$ 3.785 billion.
The Superjumbo is made by Airbus and operated by Emirates Airline, among others. Units owned by Qantas and Singapore Airlines had cracks in their wings that were caused during the aircraft’s assembly.
In 2011, the sector posted a US$ 5.8 billion surplus. The Organization of Brazilian Cooperatives ascribes the good result to a commodity price hike.
The funds were made available in the form of government bonds. The operation concludes the allocation, of US$ 31 billion to the bank, as authorized last year.
An UN report forecasts 5% growth in the African economy in 2012, against 2.7% in 2011. In the Middle East, the estimated growth is 3.7%, as against 6.6% in the same period.
In 2011, the company’s average oil and natural gas production was 2.376 million barrels of oil equivalent a day. The volume is 1.6% greater than in 2010.
The industry produced 35.2 million tonnes of raw steel last year. Rolled steel manufacturing, however, dropped by 1.1% and reached 25.1 million tonnes.
