Brazilian aircraft manufacturer will exhibit at the Bahrain International Air Show, from January 19 to 21. The company will advertise its commercial jets and showcase the Embraer 175 to visitors.
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The Confederation of Brazilian Hides and Skins Industries says the country sold US$ 2.05 billion last year and that Rio Grande do Sul was the main exporter. China was the main buyer in the period.
In Brazil, nearly 200,000 imported units were sold in 2011. This year, however, a decline is expected as a result of a tax raise.
The Brazilian aircraft manufacturing company delivered 204 aircraft last year, as against 246 in 2010. Sales, however, increased by 28% and reached a total of 124 jets.
The outflow of foreign currency exceeded the inflow by US$ 707 million in the first week of January, according to the Central Bank.
Brazilian exports generated US$ 3.539 billion in the first week, reduction of 2.3% over January 2011 in the daily average. Imports totalled US$ 3.644 billion and the country had a trade deficit.
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.
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.
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.
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.
