The company’s foreign sales in the first half of the year totalled US$ 130 million. Purchases from the African, Latin and North American markets weighed in the performance.
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Economists say that Brazil is prepared to face the heat, but should find it harder to place products on the foreign market. The country may also lose with lower commodity prices.
The organization wants to spot eventual contributions of expatriates to their countries of origin’s development. It is calling on local researchers, including Brazilians, to submit work proposals.
The main index of the São Paulo Stock Exchange (Bovespa) closed down 8.08% this Monday. Analysts claim that there has been an ‘emotional’ reaction to the US’ debt rating downgrade.
To the president, the country is strong, the banks, solid, and the domestic market, robust. For the second time, according to her, the national economy is not affected by the foreign scenery.
In the first five working days of the month, the country sold US$ 5.836 billion in products. Imports in the period totalled US$ 4.782 billion. The surplus up to the moment is US$ 1.054 billion.
The president at the National Association of Vehicle Manufacturers, Cledorvino Belini, stated that the country has already exported 35% of production and currently ships abroad just 13%.
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.
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.
