The Brazilian senate passed a provisional measure establishing the Export Financing Fund, which will have a US$ 740 million budget to finance exporting companies.
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Foreign direct investment in Brazil reached US$ 5.5 billion in October, higher than the Central Bank’s projection.
Products shipped from abroad answer to around one fifth of the Brazilian market, according to a research by the CNI. The percentage is record.
The Brazilian minister of Mines and Energy stated that president Dilma Rousseff will decide next year whether the current contracts will be renewed or new auctions will be held.
The figure was recorded in the third week of the current month. Exports reached US$ 3.82 billion and imports reached $ 3.54 billion.
Executives and representatives of 30 countries should participate in the Global Federation on Competitiveness Councils, in Porto Alegre. Arab countries are included.
By 2020, GCC countries will increase their imports of foodstuffs by over 100% to meet the demand generated by population growth in the region, which is three times higher than the world average.
A report by the United Nations Conference on Trade and Development shows that developing nations have more than tripled their investment in poor nations over the last decade.
A survey conducted by the General Records Office for Employment and Unemployment (Caged) indicates that 126,143 formal jobs were created in the country in October.
The risk rating agency upgraded the grade for the Brazilian long-term sovereign debt from BBB- to BBB.
The Canadian aircraft manufacturing company announced that it will build a US$ 200 million factory in the Arab country. Project implementation starts next year.
Foreign sales by Brazilian cooperatives exceeded US$ 5 billion from January to October – the highest figure ever recorded during the period in Foreign Trade Ministry surveys.
Uncertainty in the global scenario caused the Economic Climate Index to drop from 5.6 points to 4.4 points in Latin America from July to October.
Enterprises will be able to shop for funds on the market for initiatives deemed as having priority status by the government. Debenture buyers will pay less income tax. Foreigners will be exempt.
