There was a 6% decline in the total of financing granted by the bank in the first five months of the year, compared with the same period of 2010.
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Developing countries accounted for 67% of the initial public offerings in the second quarter this year. In Brazil, the offers raised US$ 2 billion and in the Middle East, US$ 487 million.
Volkswagen Brazil has already manufactured six million engines at its unit, opened in 1996. At the facility, 3,100 complete engines and 300 partial ones are made each day.
The Alagoas Dairy Production Cooperative unites small farmers to produce and sell dairy. The project includes 3,000 farmers and aims to export.
American Airlines announces the purchase of 460 new jets from the United States-based Boeing and the European Airbus.
This represents Brazil’s total inflow and outflow of foreign currency up to the 15th. In the year, the value is at almost US$ 50 billion.
The European Commissioner for Trade said that Brazil will be excluded from the General System of Preferences. If that takes place, the country will lose manufactured product market, say analysts.
Aiming to facilitate the flow of trade, the Brazilian Association of Technical Norms signs agreements with its counterparts in other countries, among them Saudi Arabia and Egypt.
According to the head of the Internationalisation Department, Leonardo Botelho, the bank has ‘permanent talks with several institutions’ in the region.
The Brazilian balance of trade recorded a US$ 880 million surplus in the third week of July. Year-to-date, the surplus is US$ 15.7 billion.
The Arab country recorded the third highest growth rate among the leading targets of Brazilian shoe exports in the first half. Saudi Arabia recorded the fourth largest increase.
The company extracted more than 2.6 million barrels of oil and gas per day in its operations in Brazil and overseas.
Airline should launch a Casablanca-São Paulo route late this year, according to the Moroccan ambassador to Brasília, Mohamed Louafa. He accompanied Fès mayor Hamid Chabat on a visit to the Chamber.
Decision involves four Spanish steel and cement enterprises and a German one. The purchases in Spain were announced by the Brazilian steelmaker in 2010.
