He will be paid tribute today in São Paulo at an event organized by the Arab Chamber. To Salim Schahin, the organization’s president, Lula is ‘the great promoter ‘ of Brazil-Middle East relations.
Browsing: Economy
From March 1st to 19th, the deficit totalled US$ 2.345 billion. The year-to-date deficit is US$ 1.669 billion.
The industry had revenues of US$ 3 billion in February, expansion of 12% over January and 23.5% over February last year.
A survey conducted by the National Confederation of Industries shows that the index has remained stable from February to March. The outlook for the coming months is positive.
If it is up to the Association of Livestock Breeders and Dairy Producers of Vale do Ribeira, domestic consumers and, in the long run, foreign ones should start drinking buffalo milk for breakfast.
The US$ 48 million deficit was the result of imports of US$ 3.464 billion and exports of US$ 3,416 billion.
A survey disclosed today by the Getúlio Vargas Foundation shows that the sector’s growth projection for 2010-2012 is 23.8%, a figure higher than last year’s 2008-2010 forecast, which was 21.2%.
According to the Central Bank’s estimates, the country’s GDP should rise by 5.5% this year. The previous estimate was lower. The forecast for the industry has also improved. It should grow by 8.79%.
Representatives from the Arab country came to Brazil to have a close look at the Sicobe, an anti-evasion system of the Federal Revenue. They visited the AmBev plant, which has the equipment installed.
The Brazilian plastics industry posted US$ 1.18 billion in revenues from foreign sales last year. According to Plastics Industry Association data, segment revenues worldwide were US$ 22.1 billion.
Despite the crisis, the state-owned oil company ended last year with a net profit of US$ 16.1 billion. From January until December 2009, the total output of oil and natural gas equivalent rose by 5%.
The company achieved a quarterly record-high number of deliveries late last year, and recorded a net cash flow of US$ 476 million in 2009.
São Cristóvão neighbourhood, in Rio de Janeiro, should be reinvented by the state and municipal governments and private enterprises. The idea is to make it a fashion hub for Brazil and abroad.
The search for executives in Brazil has risen in 2009 as against the previous year, according to a study by consultancy company DBM. This took place due to growth of the Brazilian economy.

