In 2010, a television channel for Brazilians abroad will begin broadcasting. The initiative is of state-owned company Empresa Brasil de Comunicação, and Africa should be the first to have access.
Browsing: Economy
Brazilian imports from Arab countries dropped due to reduced oil purchases. As a consequence of the high price of the commodity forecasted for 2010, though, sales should rise again.
São Paulo – Brazilian company Odebrecht has finished issuing US$ 500 million in bonds maturing in ten years, according to information published on newspaper O Estado de São Paulo this Thursday (15th). The rate of return was 7.25%. Rating agency Standard & Poor rated the issuance BB, and the Fitch agency rated it BB+. The
The Bank of Brazil has collected US$ 1.5 billion abroad. The operation was promoted on Tuesday (13th).
Brazilian foreign sales of chemical products returned to US$ 1 billion in September, a figure not obtained since October last year.
According to figures supplied by the Ministry of Labour, the sector showed the best performance in terms of job generation in Brazil in September.
Brazil obtained US$ 304 million in revenues from sugar sales to the League of Arab States in September. The product accounted for 37% of total exports from the country to the region during the month.
Aabar Investments PJSC, controlled by the International Petroleum Investment Company, announced investment of US$ 328 million in Santander Brazil bank shares.
Opec expects growth of global oil production next year in countries like Brazil, Azerbaijan, Canada and Kazakhstan.
Stones will be present in the Brazilian 2010 spring-summer shoe collection. They used to decorate the shoes of ancient Egyptians, and that was the inspiration for stylists here.
Arab Brazilian Chamber president Salim Schahin participated in the IMF and WB meeting in Turkey last week. To him, Brazil is ‘the ball of the turn’ and this good moment should attract investors.
According to a study by the Brazilian Institute for Geography and Statistics, of the total number of foreigners who live in Brazil, 70.3% are in the Southeast.
The international Energy Agency has described the pre-salt layer in Brazil as the most attractive oil discovery made lately.
According to Petrobras president José Sergio Gabrielli, the growth in consumption of LPG in the country should be 1.7% a year up to 2020 and, for this reason, Brazil cannot be self-sufficient.
