Fair Hands of the Earth ends next Sunday in the city of Caxias do Sul, in Rio Grande do Sul, and shows the handicraft of 28 countries, among them six Arab nations.
Browsing: Economy
A grower from the interior of the state of Minas Gerais is gaining space in Europe selling Tahiti lemon. He already ships five containers’ worth of the fruit each week. Arabs are on target.
Since the beginning of the week, representatives of Brazilians living overseas discuss their main needs with ministries. One of the requests is for more Portuguese to be taught.
Report disclosed by the Eclac reveals that foreign direct investment in Latin America and the Caribbean reached US$ 112.6 billion in 2010. Brazil received the highest inflow of funds.
According to the Central Bank chairman, Alexandre Tombini, intense capital flows into Brazil are fuelling the expansion of credit and hampering the control of inflation.
The average number of contracts per day in April at the Securities, Commodities and Futures Exchange reached nearly 3.5 million. The São Paulo Stock Exchange, however, depreciated during the period.
Surplus in the inflow vs. outflow of foreign currency in the country was driven by the flow of trade. Year-to-date, the accumulated surplus stands at US$ 37 billion.
The drop was last month as against March, according to the Central Bank of Brazil.
The number of projects by foreign investors increased from 338 in 2003 to 633 last year, according to an Ernst & Young survey. The bulk of funds went to ten countries, five of which are Arab.
The confidence of services sector businessmen in the Brazilian economy increased in April, according to a survey conducted by the Getúlio Vargas Foundation (FGV).
Seven Brazilians are in the Arabian Business list of the 500 most influential Arabs and their descendants. Doctor Adib Jatene is in 9th place and São Paulo city mayor Gilberto Kassab is in 441st.
Brazilian industrial output increased by 2.3% in the first quarter this year compared with the same period of 2010, according to the Institute of Geography and Statistics.
The minister of Development, Industry and Foreign Trade, Fernando Pimentel, announced that the new target for 2011 is US$ 245 billion. The Brazilian trade balance set new records in April.
Industrial complex received US$ 1.356 billion in investment and began producing last weekend. Testing was halted at the plant at one point due to the crisis in the region.
