International Monetary Fund claims that uprisings in the Middle East and North Africa may help the region’s economy.
Browsing: Economy
Straight from Natal, in Rio Grande do Norte, Matersol sells beach fashion and gym clothes to Europe, North and South America and the Middle East. The brand aims to expand sales abroad.
To the National Vehicle Manufacturers Association, raised tax and price of imported units will boost demand for domestic vehicles, lowering the number of cars available to be shipped abroad.
The Central Bank index measuring the price of Brazilian primary goods sold to foreign countries declined by 1.7% in November compared with the preceding month.
The gross domestic product performance in quarter three this year was no surprise to analysts. Early this year, the economic growth projection was 4%.
Brazilian Association of Defence and Security Materials Industries forecasts US$ 4.2 billion in foreign sales by 2020. The industry currently ships the equivalent of US$ 1 billion abroad each year.
The forecast is by the Abraciclo, the sector association, for next year. For 2011 a drop of 3% is expected in foreign sales as against 2010, with sales of 67,000 units.
The country’s economy did not expand in the third quarter compared with the second one. According to the minister of Finance, Guido Mantega, the 3.8% annual growth estimate will not come to pass.
World Petroleum Congress started this Monday in Doha. Event will discuss innovations in the field and clean energies. The Brazilian state-owned company’s president will speak on Thursday.
Other indicators in the National Confederation of Industries survey, however, did not perform as well. The reason is high stock-up levels.
Brazilian exports in the first working days of the month reached US$ 1.785 billion, while imports totalled US$ 1.466 billion. The figures were disclosed by the Ministry of Development.
Paranaguá and Antonina had a combined throughput of 38 million tonnes this year. Soy and sugar rank among the most shipped items.
Software developed by company Prima7s, from Rio de Janeiro, offers more detailed analysis on the integrity of oil pipelines than other technologies on the market.
The event, for several sectors, should take place in the capital of Sudan, from January 25th to February 1st, 2012. Opportunities are for agricultural machinery, food, building material, among others.

