Browsing: Economy

Rio de Janeiro – The Brazilian Ministry of Mines and Energy has issued a release confirming that the blackout in the National Interconnected System (SIN) affected 18 states in the country, and began precisely at 10:13 pm yesterday (10th). According to the release, the problem had its origin in the energy coming from the Itaipu

São Paulo – The interruption in electric power supply affected 5.8 million consumers in the region supplied by the AES Eletropaulo power company, which encompasses the capital of the state and 23 other municipalities in the state of São Paulo. According to the company – which is one out of 14 power distribution companies in

Brasília – In a three-hour meeting, president Luiz Inácio Lula da Silva accepted to expand the pre-salt oil royalties of producer states from 18% to 25%. The governors of the states of Rio de Janeiro and Espírito Santo wanted 33%. With this, the share of royalties turned to the Union dropped from 27% to 19%.

Maputo – Brazilian businessmen, whose sectors may be affected by a surcharge on 222 products imported from the United States celebrated yesterday (10), in the capital of Mozambique, the initiative adopted as retaliation against illegal subsidies granted by the North American government to cotton producers. The businessmen are on a trade delegation to the south

São Paulo – Exports of vehicles have increased 16.7% (47,196 units) last month in comparison with September (40,448 units), but decreased 31.2% when compared with October 2008 (68,641 units), according to data from the National Association of Vehicle Manufacturers (Anfavea). There was a 42% reduction in the year-to-date result. So far this year, foreign sales

Brasília – Brazil started the month of September running a trade deficit of US$ 147 million, as informed today (9th) by the Brazilian Ministry of Development, Industry and Foreign Trade. The figure resulted from US$ 2.606 billion in expos and US$ 2.753 billion in imports in the first week of the month, which had four

Brasília – The estimated growth of the Gross Domestic Product (GDP), i.e. the sum of the goods and services produced in the country has increased from 0.18% to 0.20% for 2009. For 2010, the growth estimate has been revised from 4.80% up to 4.83%. The data were taken from the Focus bulletin, published on a

This information was disclosed by the president of the chairman of the Association of Banks in Jordan, Marwan Awad. To him, banks in the country have liquidity and can finance business with Brazil.

The Arab Brazilian Chamber should promote on Thursday, in São Paulo, an event turned to businessmen interested in starting exporting to the countries of the Middle East. Enrolment is open.