The funds, allocated to the productive sector of the economy, totalled US$ 3.5 billion, a figure higher than the Brazilian Central Bank’s projection, which was US$ 1.6 billion.
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The negative balance is greater than that registered in the same period last year. In May alone, the result was over US$ 2 billion.
The women’s shoes manufacturer based in the state of Rio Grande do Sul has four clients in the Emirates and in Kuwait, and began selling to two other stores in the region. The market outlook is good.
The Brazilian state-owned oil company’s 2010-2014 business plan provides for average investment of US$ 44.8 billion per year.
Brazilian exports totalled US$ 4.075 billion and imports, US$ 3.269 billion in the third week of the month.
The Brazilian economy’s rate of growth should be 7.06% this year, according to financial analysts’ projections. This is the 14th consecutive month of increase in the estimate.
The Arab logistics multinational is the controller of Itatrans, in the same sector. The deal was closed in December 2009 and the integration process is still in progress.
An agreement signed by Apex and Abimaq provides for US$ 9 million investment in 45 actions in 12 priority markets. The objective is to turn around the scenario of declining foreign sales.
The statement was made by the Brazilian minister of Finance, Guido Mantega. According to him, the country will continue to grow, and will have its lowest unemployment ever in 2010.
Such is the total of dividends state-owned companies should pay to the government. Bank of Brazil, the Development and Federal Savings banks, the Post Office, Eletrobras and Petrobras account for 97%.
The outward flow of dollars from the country was greater than the inflow up to the 11th, according to the Central Bank. The deficit totals US$ 1.776 billion this month.
The Oil Libya Holding Company wants to buy Shell’s oil distribution activities in 21 African countries. The company is willing to invest US$ 2 billion for the deal to be closed.
The US$ 166 million deficit resulted from US$ 3.767 billion in exports and US$ 3.993 billion in imports.
Micro and small enterprises in the state account for 37.3% of the segment’s exports in Brazil. The diversity and high added value of products help the state to stand out.
