In 2010, expenses of Brazilian tourists abroad rose from US$ 16.422 billion, a historic record, according to the Central Bank. In December alone, the expenses of Brazilians reached US$ 1.726 billion.
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The inflow of foreign direct investment (FDI) totalled US$ 48.462 billion in 2010, the largest nominal result since 1947. For 2011, expectations are for FDI to total US$ 45 billion.
The institution allocated US$ 27.3 billion to micro, small and medium enterprises last year. These have accounted for 93% of credit operations performed by the bank.
The increase in electric power usage in 2010 was driven mainly by the industry.
In the third week of the month, from January 17th to 23rd, exports totalled US$ 4.272 billion and imports, US$ 3.592 billion.
The reopening of Mário de Andrade Municipal Library should take place on the anniversary of São Paulo, on the 25th. To celebrate, a series of talks about immigrants, among them Arabs, will take place.
Exhibition ‘Islam: Art and Civilisation’ brings 380 works from the 8th to the 21st century and grants visitors a tour of the history and culture of Islam. It is at the Bank of Brazil Cultural Centre.
Global energy market will be discussed at summit organized by the International Energy Agency, the International Energy Forum and the Organization of the Petroleum Exporting Countries.
The Central Bank of Brazil has negotiated 20,000 reverse exchange swap contracts, or purchased dollars on the futures market. The objective is to contain the depreciation of the North American dollar.
Brazilian company Self Cosméticos is closing a contract for the sale of hair products for a great distributor in Egypt. The absence of formalin in the treatments is novel in the Arab country.
The number of passengers on international flights to the country reached 7.8 million last year. Passengers on domestic flights totalled 67.6 million.
The Vale pelletizing plant, in construction in Sohar Port, in Oman, guaranteed business opportunities for Vidy group, which exported and set up a laboratory at the site.
Inflow of dollars in Brazil was greater than the outflow from January 3rd to 14th. International reserves exceeded US$ 290 billion.
The region was chosen by the Abit as a priority market for garment exports in 2011. The forecast is for sales to the Middle East to grow between 5% and 10%.
