Murilo Ferreira, who is replacing Roger Agnelli at the helm of the mining company, stated that it will sustain a friendly relationship with the government and shareholders will continue to profit.
Browsing: Economy
A report from the Ministry of Planning has reduced the Brazilian economic growth projection for this year from 5% to 4.5%. The inflation estimate, however, has increased.
The airline’s director wants occupancy rates of above 80% in the route between Dubai and the capital of Rio de Janeiro. The company already maintains a direct flight from the emirate to São Paulo.
Artisans from Maria da Fé, in the state of Minas Gerais, are taking items made of recycled paper and raw material from the banana tree to seven different countries.
Increase in the benchmark interest rate and measures to curb credit have reduced economic growth across several regions of the country.
Amapá was the Brazilian state whose exports to the Arab world increased the most between January and April this year. Sales grew by 190% and reached US$ 66.5 million.
The Jordan Tourism Board signed a partnership with Brazilian company Interamerican Network. The aim is to promote its tourist destinations among Brazilian operators and end consumers.
The net inflow of foreign currency into Brazil concerns the period from the 1st to the 13th of May. Year-to-date, the foreign exchange surplus totals US$ 46 billion.
According to the World Bank, Brazil and five other emerging countries should be responsible for redefining the global economic framework in the near future.
Disbursements by the Brazilian Development Bank reached US$ 15.2 billion in the first quarter, a 2% reduction over the same period of last year.
The company reversed losses of US$ 43.4 million incurred in the same period of 2010. Revenues and occupancy rates have increased as well.
Fernando Pimentel, head of the Ministry of Development, Industry and Foreign Trade, is in favour of a discussion on the adoption of another exchange system for international transactions.
The figure was the result of US$ 5.8 billion in exports and US$ 4.3 billion in imports.
Emirates airline gives 50% off in ticket prices to children travelling from São Palo to Dubai along with two paying adults.

