The funds should be used up until 2015 to help rescue 16 million people out of extreme poverty. The bulk of investment should go the country’s Northeast.
Browsing: Economy
The company’s revenues increased, but so did spending on fuel, causing profit to drop to US$ 225 million from April to September.
Sales increased in the supermarket, hypermarket, food and beverage, textiles, clothing, shoes and accessories segments.
The Brazilian president stated that the country may help the fund to seek solutions to the crisis. She expressed concern over the possibility of European problems affecting emerging nations.
In September, 2.1 million barrels were produced in the country each day, an increase of 2.3% over August and 5.1% over September last year.
The Brazilian aircraft maker lost 200,000 Brazilian reals. In the period, the company delivered 28 commercial and 18 executive aircraft.
Event at the Arab Brazilian Chamber will address business opportunities, negotiation techniques and cultural idiosyncrasies of the Arab world on November 22nd. Enrolments are open.
The financial institution recorded a 10% increase in net profit in the third quarter this year as against the same period of 2010.
The region grew the most as a supplier to the country in October. Imports stood at US$ 959 million. The performance was driven by oil and derivatives.
Doctoral thesis of Brasília-based sociologist aims to revisit, through pictures, the imagery that Brazilians have of the Arabs. The project will bring together images sent in from the whole country.
The Brazilian balance of trade ran a US$ 2.355 billion surplus last month, as a result of US$ 22.14 billion in exports and US$ 19.785 billion in imports.
Industrial output dropped 2% in September as against August, according to the Brazilian Institute of Statistics. The main contributing factor was the auto industry, whose output declined by 11%.
The company, headquartered in Brasília, produces wooden modulated decks and is setting the details for a partnership in the Emirates to sell to the country.
The institution disbursed US$ 54.3 billion from January to September this year. The result is 28% lower than disbursements in the same period in 2010.
