The trade balance of Brazil ended April with a positive balance of US$ 1.8 billion. The surplus was US$ 98.1 million a day, with a 52.8% higher average than in the last month of 2010.
Browsing: Economy
Financial market analysts have revised the 2012 Gross Domestic Product growth estimate upward from 4.21% to 4.25%.
The 18th edition of Arabian Travel Market is due from May 2 to 5, in Dubai, in the United Arab Emirates. The event will feature over 2,000 exhibitors from the five continents.
Fernando Pimentel, of Ministry of Development, Industry and Foreign Trade, said that Brazilian foreign trade figures in April should surprise. The figures are set to be announced on Monday.
Specialists claim that productions of countries such as Morocco, Jordan and Lebanon resemble their rivals from the Mediterranean and southern France.
The Mauritanian airline, with state-owned capital, had its inaugural flight last week. It will fly in Africa and also Europe.
Brazil recorded the best tax results for the month of March since 2001, according to a Central Bank report.
Greater São Paulo area cosmetics company Arte dos Aromas already earns 8% of its revenues on the foreign market and wants to reach 15% by 2012. It sells to Europe and plans to invest in the Arabs.
Brazilian airports registered 728,000 international arrivals and 6.4 million domestic ones in March.
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.
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.

