Browsing: Economy

Following a different route from the economic crisis, the articles and beauty and personal care products have not stopped being consumed in Brazil. On the contrary, the market grows each year.

Rio de Janeiro – Petrobras and Vale signed today (25) a memorandum of understanding for a partnership in exploration and production of gas and oil in three blocks in Espírito Santo Basin, located on the coast of Espirito Santo and part of concession BM-ES-22. The document establishes the bases for exploration of the fields and

Brasília – The National Confederation of Industries (CNI) announced today (25th) that it projects a 0.4% reduction in the Brazilian Gross Domestic Product (GDP) this year. Despite the negative projection for 2009 as a whole, the organisation expects the economy to grow in the second quarter. CNI forecasts, however, that the industry will continue to

Brasília – The sum of dollar inflow and outflow in Brazil was positive by US$ 380 million from the 1st to the 19th this month. The figures were disclosed today (24th) by the Central Bank of Brazil. Commercial transactions (exports, imports and financing for foreign trade) ran a surplus of US$ 1.007 billion. The flow

Brasília – Foreign direct investment (FDI) in the Brazilian productive sector totalled US$ 2.483 billion last month, the highest result ever recorded by the Central Bank of Brazil (BC) in the month of May since 1947. In June this year, however, the BC is expecting a lower inflow of this type of investment. The projection