Browsing: Economy
Agência Brasil* Brasília – Exhibition Self-Sufficiency – A Route to Success will be opened today (3), at 03:00 pm, in the Black Hall at the National Congress. The exhibition shows the history of oil in the country, ranging from when the first concessions for prospecting were approved in the country to date. From April 4
Agência Brasil* Brasília – The trade balance result (exports minus imports) in the month of March reached US$ 3.323 billion, with growth of 15.3% over the figure for February, but 8.56% retraction when compared to March last year. With this, the trade balance surplus for the year has reached US$ 8.689 billion, 6% less than
From the Newsroom* São Paulo – Eletrobrás, a Brazilian mixed capital company that operates in electric energy generation, had revenues of R$ 1.16 million (US$ 565,000), 19% greater than in the previous year. The result was powered by the appreciation of the Brazilian real against the United States dollar and by the current economic stabilization
From the Newsroom* São Paulo – The number of transactions using credit cards, debit cards, and store cards reached 1.12 billion in the first quarter this year. Turnover from card transactions was R$ 65 billion (US$ 31.3 billion), 17% more than in the same period of 2006, according to data provided by the Brazilian Association
Agência Brasil* Rio de Janeiro – The Brazilian Institute for Geography and Statistics (IBGE) disclosed today (28) the revision of the Gross Domestic Product (GDP) for 2006. With the new calculation method adopted, the growth in Brazilian economy rose from 2.9% to 3.7% and reached R$ 2.3 trillion (US$ 1.1 trillion). The per capita GDP
The government of the southeastern Brazilian state is going to inaugurate today (28) the Minas Design Centre to provide incentives to company investment in design. The intention is to make industries use more design in their products and make space in the national and international markets. Minas Gerais was the second largest Brazilian exporter in 2006.
Agência Brasil* Brasília – In February, 148,019 formal jobs were created in Brazil, according to a report published today (27) by the General Records Office for Employment and Unemployment (Caged) of the Ministry of Labour. Compared with January, the figure represents a 0.53% increase. This is the second best result for February since surveys started
Agência Brasil* Brasília – Brazilian exports amounted to US$ 2.98 billion last week, a 7.89% increase compared with the week before, whereas imports reached US$ 2.322 billion, a 12.94% increase. The trade flow resulted in a positive balance of US$ 658 million for the week. The accumulated surplus for the month reached US$ 2.353 billion.
This was the performance in comparison to December. Against January 2006, the increase was 6%. The figures are part of Industrial Indices research by the National Confederation of Industries (CNI), which also shows the increase in employment, hours worked and labourer income.
From the Newsroom* São Paulo – Brazilian aircraft company Embraer announced today (22) the delivery of the 100th unit of its Legacy executive jet airplane. The buyer is ABS Jets, a company based in the Czech Republic, which received the aircraft at the Embraer headquarters in the city of São José dos Campos, in the
Agência Brasil* Brasília – Exports from Brazil amounted to US$ 2.762 billion last week, a 3.79% decrease compared with foreign sales for the week before. During the same period, imports reached US$ 2.056 billion, a 2.14% decrease, resulting in a balance of US$ 706 million between March 12th and 16th, with a daily average of
From the Newsroom* São Paulo – Brazilian oil giant Petrobras, Ultra group, in the gas, chemical and transport sector, and petrochemical company Braskem signed an agreement to acquire the businesses of Ipiranga group. The value of the operation will be US$ 4 billion. Ipiranga operates in the oil refining, petrochemical and fuel distribution sectors. Last
