The government owns 30% of the telephone company and will sell part of that capital. Only Moroccan investors will be able to purchase the shares.
Browsing: Economy
A bill in the Lower House calls for identification when food contains pork among its ingredients. The idea is to simplify the life of Muslims and Jews, among others.
Development minister Fernando Pimentel stated that Brazil is one of the best prepared countries for the international crisis and may take on a more relevant role in the new global configuration.
Model made by the French Dassault Aviations should equip the Emirati fleet of fighter jet aircraft, currently comprised of Mirage 2000 and Boeing F-16 models.
According to the Brazilian minister of Finance, Guido Mantega, the strength of the Brazilian economy will prevent capital flight and curb the appreciation of the Unites States currency in the country.
Automakers association claims that the innovation incentive plan helps companies to be competitive and prevents Brazil from losing industries. From January to June, vehicle sales grew by 8.6%.
The volume of deposits in individual savings accounts (ISAs) exceeded withdrawals by US$ 3.8 billion in July. It was the highest volume of net deposits since December of last year.
The enterprise in Tauá, Ceará, will be inaugurated on Thursday by businessman Eike Batista. ‘The sun that used to punish us is now a benefit,’ said the mayor of the city, Odilon Aguiar.
A cooperative of artisans from Minas Gerais exports items made of recyclable materials to five different countries and gained space domestically and abroad by investing in the design of its creations.
In a report on the country, the International Monetary Fund hails government measures taken to keep the economy from overheating, but claims that reform is needed in sectors such as social security.
Through its new industrial policy, the government aims to halve the negative result of the Brazilian trade balance for manufactured goods over a four-year span.
Economists state that the country is getting ready to face a probable reduction in economic activity, but reflexes may be felt in commodity exports.
This is one of the industrial policy targets launched on Tuesday by the Federal Government. It forecasts fiscal incentives for industry, reduction of tax burden on exports and support to innovation.
Oil extraction reached 2.13 million barrels per day in June. Natural gas extraction reached 67.3 million cubic metres.
