The Brazilian state-owned oil company attained record high foreign sales of oil during the month. Sales totalled 19.2 million barrels, the equivalent to US$ 574 million.
Browsing: Economy
A survey conducted by the organisation among 30 countries shows that the Brazilian economy was the least affected in the second half of 2008. Russia was the worst performing country during the period.
Brasília – Brazilian exports in the first six business days this year totalled US$ 2.958 billion and imports, US$ 2.970 billion, resulting in a deficit of US$ 12 million. The figures were disclosed today (12) by the Brazilian Ministry of Development, Industry and Foreign Trade. This year, there has been a reduction of 18.3% in
The business week held on the sidelines of Fashion Rio is going to count on more than 200 companies. The 30 guest importers include a distributor from Dubai.
Representatives of the organisations met in Lebanon to exchange experience and discuss forms of economic cooperation between the Arab countries and the nations of the West.
According to Anfavea, a total of 2.82 million vehicles were licensed in Brazil last year. National production reached 3.21 million vehicles. Exports reached 727,300 units.
The country’s entry and exit flow of dollars was US$ 983 million negative last year after five yeas back to back of surpluses. Capital left the country due to the worsening of the global crisis.
The Arab Brazilian Chamber plans further promotion among the Arab countries of business opportunities in the Brazilian economy. The idea is to compare figures of Brazil and traditional suppliers.
Party dresses produced by Mabel Magalhães, in the state of Belo Horizonte, are successful among women in seven Arab countries, which are currently the main destination for the brand’s exports.
A total of 345,447 units were sold during the month. Compared with December 2007, the figure represents a decrease of 16%. Accumulated sales in 2008 were 14% higher than in the year before.
The Ministry of Finance announced today that the National Treasury is going to issue this year’s first batch of Bonds of the Republic, denominated in dollars, in the United States and in Europe.
Brasília – In the first survey this year, the financial market confirmed most of the forecasts made last week concerning the Brazilian economy. The Focus bulletin, disclosed every Monday by the Central Bank of Brazil, has maintained the inflation rate expected for 2009 at 5%, measured according to the Broad Consumer Price Index (IPCA). The
When fully operational, the units will add over 790,000 barrels of oil a day and more than 35 million daily cubic metres of natural gas to the national output.
In 2008, the plant generated 94,684,781 MWh of power, exceeding the record achieved in 2000. No other plant in the world reached that volume, capable of supplying the whole world for two days.

