Agência Brasil Brasília – The President of Brazil, Luiz Inácio Lula da Silva, inaugurates today the Três Lagoas (Three Lakes) Thermoelectric Plant in the state of Mato Grosso do Sul. The plant was built with investments totaling US$ 172 million (R$ 500 million) from the Brazilian Petroleum Company, Petrobrás. Três Lagoas is the fifth Brazilian thermoelectric
Browsing: Economy
The record sales volume last month caused the government to elevate the export target for this year, forecasting a 12% increase to US$ 82 billion up to December. The figures were announced on Thursday (1) by Development minister Luiz Fernando Furlan. Libya showed the largest increase in the Arab market, 285%.
Agência Brasil São Paulo – Despite the bitter taste of an 18% drop in sales in the first quarter of 2004, compared with the same period last year, toy manufacturers have not lost their optimism. The 320 firms that operate in this area and employ 23.6 thousand workers throughout the country forecast 6% growth this
At the end of April, the Brazilian cosmetic industry will have an exclusive pavilion in Beautyworld Middle East – Gulf Beauty 2004, at Dubai World Trade Centre. Each year, the Arab market shows itself more receptive to Brazilian products. Saudi Arabia, for example, is already the second largest destination for export of Brazilian fragrances.
Agência Brasil Brasília – Brazil has already obtained the support of ten Latin American countries to effect changes in the conditions imposed by the International Monetary Fund (IMF) when it loans money. Argentina, Bolivia, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, Uruguay, and Venezuela agree with Brazil in calling for the IMF not to count as
The Alternative Energy Sources Program (Proinfa), announced on Tuesday (30), should include financing by the Brazilian Development Bank.
Agência Brasil Brasília – The International Monetary Fund (IMF) approved the sixth review of its credit agreement with Brazil and, with this, liberated another US$ 1.34 billion, giving Brazil the right to withdraw a total of US$ 9.6 billion. The Brazilian government announced that it does not intend to use this amount, since the agreement
Between April 26 and 28, the industrial city of São Paulo will host an event promoted by the Tunisian embassy, the Arab Brazilian Chamber of Commerce, and the Federation of Industries of the State of São Paulo (Fiesp) to provide incentives to bilateral trade and partnerships between industrialists in both countries. Tunisian ambassador Hassine Bouzide informed ANBA that 15 Tunisian executives from different sectors should come to Brazil.

