Brasília – The Brazilian current transactions deficit (all of the operations with foreign countries) reached US$ 1.645 billion in March this year, a lower figure than the US$ 4.343 billion recorded in the same period of 2008. The negative result was higher than the figure forecasted by the Central Bank of Brazil for last month,
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Rio de Janeiro – The Business Plan of the Brazilian state-owned oil company for the 2009-2013 period earmarks initial investment of 70 billion reals (US$ 31.3 billion) for developing blocs in its concession in the pre-salt layer. The investment, according to the company, is going to result in “unparalleled development of the heavy industry and
In the third week of April, Brazil exported the equivalent of US$ 2.756 billion and imported US$ 2.428 billion. Thus far this month, the trade surplus is US$ 1.665 billion.
Companies in rede Petro group, from Rio Grande do Sul state, suppliers of energy products, signed an agreement to make possible business prospecting abroad. Many are in the technology area.
The opinion was expressed by the new president of the American Chamber of Commerce in Rio de Janeiro, Robson Barreto, who assumed the position last Friday.
The World Economic Forum on Latin America ended on an optimistic note regarding the future of the region, despite the crisis. Latin American countries are believed to be sources of solutions.
Participants of the World Economic Forum in Rio agree that business between emerging nations should continue growing. The focus was on relations between Latin America, Asia and the Middle East.
The president of the Brazilian chapter of the Business Council of Latin America, Marcus Vinicius Pratini de Moraes, stated that foreign trade is a tool for beating the crisis.
The measures are defended by the Brazilian Foreign Trade Association, which plans to include them in an action plan against the crisis to be presented today in São Paulo and Rio de Janeiro.
Participants of the version of the World Economic Forum in Rio said the region needs to find its own solutions. Lula said that Brazil should be one of the first countries to leave the crisis.
Brasília – Dollar inflow and outflow (exchange flow) in Brazil is running a surplus of US$ 287 million in the first seven business days of the current month, according to a bulletin issued today (15th) by the Central Bank of Brazil (BC). Thus, last week saw significant recovery, mainly due to the rise in trade
The matter was discussed today by the Brazilian president, Luiz Inácio Lula da Silva, and his Colombian counterpart, Álvaro Uribe, during a meeting in the city of Rio de Janeiro.
The light oil discovery is in Santos Basin and is at a depth of 2,140 metres of water at a distance of 340 kilometres from the shore of São Paulo. It is explored by Petrobras, BG Group and Repsol.
In terms of value, sector exports and imports returned to growth in March. Foreign sales rose 25.6% over February. Imports, in turn, grew 18.1% compared with the previous month.

