Artisans from the North Coast of the state of Bahia sell various items made from the straw to Belgium, Chile, the United States, Italy and Portugal. Arabs are on the target of the entrepreneurs.
Browsing: Economy
Average daily revenues from shipments grew by 35% compared with March last year. In the first two weeks of the month, a US$ 841 million surplus was recorded.
The Central Bank reduces estimates for economic growth. From the 4.5%, forecasted four weeks ago, growth expectations have dropped to 4.10%.
The Arab country plans on putting four new electric power plants into operation between July and August this year.
Southern Sudan will officially come into being in July. It will be born as one of the poorest states in the world, but the lack of infrastructure may spell opportunity for foreign investors.
According to a study disclosed by the Brazilian Franchising Association, the sector expects growth of 32.7% in the first quarter of this year as against the same period in 2010.
According to the president of French group Total, the oil production in the Arab country has dropped from 1.4 million barrels a day to less than 300,000 barrels.
Saudi prince Alwaleed Bin Talal is the top billionaire in the Middle East, according to the Forbes list. The list also includes the Saudi Mohammed Al Amoudi and the Kuwaiti Nasser Al-Kharafi.
The funds should be turned to the sector in Brazil up to 2014, according to a study by the Brazilian Development Bank (BNDES). The demand for containers should boost part of the investment.
CVC travel agency announces its tourist routes for this year. Dubai, in the Emirates, is the destination with the most options.
In February, 274,153 new vehicles were sold, as against 220,957 in the same month of last year. Total production increased by 18.7% in February, at 310,657 vehicles manufactured.
The Brazilian Foreign minister recognised that there are hardships in trade between Brazil and China due to the depreciation of the currency, which affects trade negotiations between both nations.
The value of products exported in the first quarter of this year reached US$ 2.02 billion and is 46.97% higher than the volume registered in January and February 2010.
According to the Brazilian minister of Finance Guido Mantega, the 2010 GDP places Brazil among the world’s five top-growing countries, after China, India, Argentina and Turkey.
