The high-speed rail is going to connect Rio de Janeiro, São Paulo e Campinas. The auction will be held at the Mercantile and Futures Exchange, in the capital of the state of São Paulo.
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A survey by the Brazilian Statistics Institute shows that retail sales grew 10.2% in May, compared with the same period of last year, the highlights being household appliances and TV sets.
The company informed that the well is located at a depth of 470 metres, 100 kilometres off the Angolan. The exploration license provides for the drilling of eight wells.
With more open markets than Europe and the US, the continent is a target for businessmen from countries such as Brazil. South Africa, Nigeria, Angola, Egypt and the Maghreb nations are highlights.
Foreign sales from Brazil totalled US$ 879.6 million from January to June, Tunisia was one of the markets to which exports during the period grew strongly, by 76%.
Foreign sales by Brazilian automakers totalled US$ 5.73 billion in the first half, representing an increase over 2009. The industry, however, has not attained 2008 levels yet.
In the second week of July, Brazilian exports totalled US$ 4.2 billion, and imports totalled US$ 3.5 billion. The trade surplus so far this year is US$ 8.8 billion.
Following the lead of Brazilian construction companies operating in the continent, domestic products of all kinds are being sold. The main obstacle is obtaining financing in order to do business.
Libya and Jordan were among the company’s buyers during the period. By late June, the firm order backlog totalled US$ 15.2 billion.
Sales of passenger and utilitarian vehicles by the French company increased in the region that comprises Tunisia, Algeria, Morocco, Mauritania and Libya. The market share rose by 6.1 points.
President will attend an event in Johannesburg next Friday during which the international tourism campaign for the FIFA World Cup 2014 will be launched.
Passengers with excess luggage will be able to pay an additional rate on the company’s site with a 15% discount over airport tariffs.
The IMF has revised its growth forecast for Brazil this year upward. According to the Fund, the Brazilian economy should grow by 7.1%, representing a 1.6% increase over the previous forecast.
The figure was the highest since December 2008, at the height of the financial crisis, when investors withdrew US$ 6.3 billion from the country.
