According to the chairman of the European Parliament delegation for Mercorsur relations, Luis Yáñes, Brazil is the country of the hour because of its social and economic progress.
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The region grew the most as a source of foreign direct investment in 2010, according to the Unctad. International acquisitions made by Brazilian and Mexican companies were a highlight.
A report by the fund shows that, in the long run, political changes are opening opportunities in the region, but in the short run, there are great internal and external challenges to face.
Assessment by the National Confederation of Industries shows that the sector kicked off the year at a moderate pace. Production dropped in January, but grew in February and March.
The Brazilian oil company produced 2.6 million barrels of oil and gas per day in Brazil and overseas in March. Resumption of activity and entry of rigs into operation contributed to the performance.
The Brazilian institution informed that it has acquired the entire equity capital of EuroBank, which is based in the United States. The value of the deal was US$ 6 million.
The US$ 364 million deficit was a result of US$ 3.414 billion in exports and US$ 3.778 billion in imports. The week only had three working days.
The Brazil-Lebanon Cultural Centre opens its doors on April 27th in Beirut. With Portuguese and dance lessons, exhibitions and other activities, the aim is to promote Brazilian culture among Arabs.
Boosted by the building sector, imports of iron and steel in the Arab world totalled US$ 55.4 million between January and March. The advance was 275% over 2010.
After living in Palestine, Falastin Zarruk adopted the use of the hijab and, now, with her own brand and a blog, she teaches other Brazilian Muslim women to wear the Islamic veil with charm.
The food company intends to increase capacity at its Carazinho unit, which makes UHT milk, condensed milk, chocolate powder and milk cream, by 50%.
Shipments reached 2.8 million tonnes in the first quarter and revenues totalled US$ 2 billion. National production was 8.5 million tonnes of raw steel and 6.4 million tonnes rolled steel.
The number of mobile subscriptions has reached 210.5 million in March in Brazil, according to National Telecommunications Agency figures.
The sum of dollar inflow and outflow in Brazil was positive by US$ 605 million up as of last Friday, April 15th, according to a bulletin of the Central Bank.
