At US$ 1.291 billion, the negative result was the highest for the period since records started being kept, in 1973. International crisis caused demand to drop, according to Foreign Trade secretary.
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The balance between Brazil’s inflow and outflow of dollars was reached in January, up to the 27th, according to the Central Bank.
New system which enables foreign trade operations to be registered on the internet starts operating this Wednesday. The ministry in charge is still clarifying questions.
The International Monetary Fund says the country registered great growth in 2011 and has a strong economy to face the crisis, but needs to develop sectors of the economy that do not depend on oil.
A study issued by the World Bank points out a decrease in the last three months of 2011, due to reduced pressure. Still, volatility threatens food security.
In 2011, Brazil exported the equivalent of US$ 15.13 billion to Middle East and North Africa countries. In 2012, trade is expected to increase by up to 15%, according to Arab Brazilian Chamber figures
The international director at Pine, Angela Martins, should travel to the Middle East for meetings with potential investors and partners. The institution is specialized in corporate credit.
A mission of the International Monetary Fund claims that this year, the country will re-establish its pre-crisis oil production levels, but will have to diversify its economy in order to create jobs.
Savelli Calçados, based in the city of Franca, has an exclusive distributor in the Arab country, to which it sells 3,000 pairs of shoes per month. For 2012, the goal is to double that figure.
International Monetary Fund delegation praises economic management in the North African country, but claims efforts are needed to create further jobs and reduce dependence on the oil industry.
The organisation will be responsible for management of Grajaú General Hospital and for the Interlagos Outpatient Specialty Unit, both in the city of São Paulo.
Models purchased from the European manufacturer Airbus will be used by the company’s freighter transport division, Etihad Crystal Cargo. The investment estimate is US$ 423 million.
Models purchased from the European manufacturer Airbus will be used by the company’s freighter transport division, Etihad Crystal Cargo. The investment estimate is US$ 423 million.
New governments in the region need swift responses, according to participants in a panel of the World Economic Forum on the topic. The Tunisian prime minister promised political and religious freedom.
